MSC Partners With University
MSC Industrial Supply Co. and the University of Tennessee have created a public-private research partnership aimed at advancing machining.
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November 2021
8 Third-Quarter Economic Indicators Impacting Distribution
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Motion Names New VP
MRO distributor announces that John Watwood has been promoted to vice president of operations integration, effective immediately.
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ABC Supply Adds Texas Location
The distributor of roofing, siding and exterior building products opened a new location at 101 N. Robert C Lanier Drive in Baytown, Texas.
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Lowe’s 3Q Sales and Earnings Up
The company reported 2021 3Q net earnings of $1.9 billion and sales of $22.9 billion, according to the latest earnings announcement.
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Home Depot 3Q Sales Increase
The home improvement retailer reported 2021 3Q sales of $36.8 billion, an increase of $3.3 billion, or 9.8% from the same period last year.
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New Residential Construction Rises
Privately‐owned housing units authorized by building permits in October 2021 were 4% above the prior month’s rate and 3.4% above the October 2020 rate.
New Residential Construction Rises Read More »
Industrial Production Rises in October
Industrial production rose 1.6% in October after falling 1.3% in September, according to a report from the U.S. Federal Reserve.
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Trade Sales and Manufacturers Shipments Up
Census Bureau reports combined value of distributive trade sales and manufacturers’ shipments for Sept. was estimated at $1,669.7 billion.
Trade Sales and Manufacturers Shipments Up Read More »
Retail and Foodservice Sales Rise
U.S. retail and food services sales for October 2021 were $638.2 billion, an increase of 1.7% over September and 16.3% above October 2020.
Retail and Foodservice Sales Rise Read More »
Tompkins Solutions Adds VP
Supply chain consulting and services firm has named Roy Smith vice president of sales of its material handling integration division.
Tompkins Solutions Adds VP Read More »
Sonepar Unveils New Logo
For the first time in 2 decades, the distributor has a new logo that Sonepar says reflects an ‘ambitious transformation to serve customers.’
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How Supply Chain, Inflation and Labor Issues are Impacting Imperial Dade
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Global Industrial Appoints Storch
The MRO distributor has appointed Adina Storch to the role of senior vice president, general counsel and corporate secretary.
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RBC 2Q 2022 Sales Up
International manufacturer of engineered precision bearings reported fiscal 2Q net sales were 10% higher than the same period a year ago.
RBC 2Q 2022 Sales Up Read More »
US LBM Pledges $100K for Vets
Buffalo Grove, Illinois-based building materials distributor pledges $100,000 to the R.I.S.E. Program to help wounded veterans.
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Building Material Prices Rise
Construction input prices increased 1.5% in October, according to an Associated Builders and Contractors analysis of recent BLS data.
Building Material Prices Rise Read More »
Beacon Honors 6 Veterans
Roofing material and building products distributor Beacon’s 3rd annual ‘Beacon of Hope’ contest rewards veterans with new roofs.
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Why Core & Main CEO Steve LeClair is Passionate About Training Programs
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Amazon Expands Operation Sites
The retailer and e-commerce giant will open 3 operations facilities in Alabama, where the company plans to add 500 more jobs by year’s end.
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