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October 20, 2022
September U.S. Industrial Production Exceeds Expectations
The increase in production was in part thanks to oil and autos bouncing back after a lackluster August.
3Q Earnings Roundup: Watsco, Snap-On, Pool Corp
The companies reported strong third-quarter figures, with Watsco and Pool Corp breaking sales records and Snap-On topping $1.1 billion.
GPC Raises Motion’s 2022 Forecast after Big 3Q
Sales growth at Motion Industries narrowly outpaced that of 2Q, with organic sales driving the majority of it, alongside a continued boost from Kaman Distribution Group.
3Q M&A: JanSan, Packaging Deals Lead More Strong Deal Activity
Envoy Solutions, Imperial Dade and BradyIFS contributed to another very busy M&A quarter for distributors and manufacturers in the industrial, commercial and construction markets.
MSC Closes its Fiscal 2022 with More Double-Digit Daily Sales Gains
The metalworking and MRO supplies distributor's fiscal year ended Sept. 3, and its strong momentum bodes well for the greater industrial supplies market.
