Sneak Peek at 4Q Distribution Survey Results
MDM offers a preview of how distributors fared in the last quarter of 2020, along with a roundup of the latest economic reports showing that the recovery is happening, just slowly.
Day: January 15, 2021
Manufacturing and Trade Shipments Up in November
The U.S. Census Bureau reported that the combined value of distributive trade sales and manufacturers’ shipments and inventories for November increased 1.5% from the same month last year.
Industrial Production Up 1.6% in December
According to the Industrial Production and Capacity Utilization Report, manufacturing output increased 0.9% during the month; year-to-date industrial production has improved but is still 3.6% below its pre-pandemic level.
Brady Appoints Vice President of Procurement
Brady, a full-line janitorial supply, equipment and foodservice distributor, this week appointed Mark Allen to the newly created position of vice president of procurement
Genuine Parts Promotes William Stengel to President
Stengel previously served as chief transformation officer of the company of Genuine Parts and his background also includes executive roles at HD Supply.
