CFNAI Dips in September
Due to declines in production-related indicators, the Chicago Fed National Activity Index decreased to -0.13 in Sept. from +0.05 in Aug.
CFNAI Dips in September Read More »
2021
DPA Announces New Distributors
Ohio-based buying group says it has added 14 new distribution members and 9 suppliers from the U.S. and Canada this year.
DPA Announces New Distributors Read More »
Home Depot Names New VP
The company says John Deaton has been named The Home Depot’s vice president of supply chain and product development.
Home Depot Names New VP Read More »
Amazon Opens Robotics Facility
Company says ‘first-of-its-kind’ facility creates more than 200 jobs and grows its engineering, manufacturing and test teams.
Amazon Opens Robotics Facility Read More »
Snap-on 3Q Sales Rise 10.2%
Net earnings in 3Q 2021 were $196.2 million, or $3.57 per diluted share, compared to third-quarter 2020 net earnings of $179.7 million.
Snap-on 3Q Sales Rise 10.2% Read More »
Danaher 3Q Revenue Up 23%
Danaher reported its third-quarter 2021 revenue at $7.2 billion, a 23% increase over the same period last year.
Danaher 3Q Revenue Up 23% Read More »
ABB 3Q Sales Up 29%
The Switzerland-based power and automation company reported sales of $7.9 billion, a 29% increase over the same period in 2020.
ABB 3Q Sales Up 29% Read More »
Pool Corp. 3Q Sales Rise 24%
Pool Corp.’s net sales for the third quarter of 2021 reflect overall growth of 24% from Q3 2020, with an operating income of $237.2 million.
Pool Corp. 3Q Sales Rise 24% Read More »
Motion Sales Jump 14.5% in 3Q
Motion’s third-quarter sales were $1.6 billion, up 14.5% from 2020 and representing 34% of total company revenues.
Motion Sales Jump 14.5% in 3Q Read More »
NetPlus Names Annual Award Winners
Industrial and contractor supplies buying group’s theme at annual meeting in Nashville was ‘Stronger Together.’
NetPlus Names Annual Award Winners Read More »
Watsco Sales Jump in ‘Record’ 3Q
Watsco reported a 31% jump in EPS to a record $3.62 and a 16% sales growth to $1.78 billion in 3Q 2021.
Watsco Sales Jump in ‘Record’ 3Q Read More »
Core & Main CEO Steve LeClair on Growth in Challenging Times
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
Core & Main CEO Steve LeClair on Growth in Challenging Times Read More »
MSC 4Q Sales Up 11% Over Last Year
MRO distributor reported net sales of $831 million during its fiscal fourth quarter of 2021, an increase over the same period in 2020.
MSC 4Q Sales Up 11% Over Last Year Read More »
Gerber to Leave ISA for Summit Electric
The association says goodbye to Ed Gerber and promotes Brendan Breen to executive VP as the ISA hopes to name new CEO in January.
Gerber to Leave ISA for Summit Electric Read More »
Hillman Increases Distribution Capacity
Supplier of complete hardware solutions will unveil ‘state-of-the-art’ distribution center along with the creation of 50 new jobs.
Hillman Increases Distribution Capacity Read More »
New Residential Construction Slowed in September
U.S. Census Bureau and federal housing officials say units authorized by building permits fell 7.7% from August but remained unchanged from the same period in 2020.
New Residential Construction Slowed in September Read More »
Sonepar USA President on Unique Approach to M&A
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
Sonepar USA President on Unique Approach to M&A Read More »
Fed: Industrial production dropped 1.3% in September
Despite the drop, total industrial production rose 4.3% at an annual rate for 3Q, the 5th consecutive quarter with a gain of at least 4%.
Fed: Industrial production dropped 1.3% in September Read More »
U.S. Census Bureau: Manufacturing and Trade Shipments Drop Slightly in August
The Census Bureau says the combined value of distributive trade sales and shipments and inventories for August was down 0.1% from July.
U.S. Census Bureau: Manufacturing and Trade Shipments Drop Slightly in August Read More »
Huttig Building Products Looking to Increase Shareholder Value
Millwork, building materials and wood products distributor Huttig will evaluate potential strategic alternatives to maximize shareholder value.
Huttig Building Products Looking to Increase Shareholder Value Read More »
