Distributors’ Market Optimism Rises for 2023 Despite Economic Indicators
Distributors and their suppliers say they continue to see strong demand for industrial and commercial products, with no real slowdown in sight.
November 16, 2022
STAFDA Announces New President, Officers
Harry Klassen, President and Owner of Fastek, Inc. in St. Catharines, Ontario, became STAFDA President
Sandvik Coromant Appoints New Marketing Manager
Nick Falgiatano, who currently serves as a regional sales manager with Sandvik Coromant, will assume his new role Dec. 1.
Reports: Amazon May Lay Off 10,000 Workers
The Wall Street Journal reports the layoffs would affect about 3% of corporate staff, not hundreds of thousands of Amazon warehouse workers.
Lowe’s 3Q Sales Rise Slightly to $23.5B
The company reported that year-over-year 3Q sales increased, but earnings dipped slightly from 2022's second quarter.
ABC Elects 2023 National Chair, Executive Committee
Milton Graugnard, EVP of Cajun Industries LLC in Baton Rouge, Louisiana, was elected the 2023 ABC national chair.
