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Hagemeyer North America, in response to the current and forecasted business environment, announced that it has decided to consolidate the headquarters staff of Hagemeyer North America with the management responsible for operations in the United States. The joint management team will be located in Charleston, SC with the Atlanta headquarters closed. Longtime CamBar president and Hagemeyer NA COO James Warren will retire at the end of the year, and Hagemeyer NA CEO David Gundling has been replaced.
Carlson Systems, Omaha, NE, has acquired WEGOMA, Inc., Twinsburg, OH, a manufacturer and supplier of fabrication machinery and automated systems primarily for the window and door manufacturing industry. Carlson Systems has a 55-year history of providing products and solutions to the fastening, packaging and product assembly industries. It has 40 locations in 17 states, primarily west of the Mississippi. One of Carlson's operating divisions, Carlson Systems Engineering, designs and builds product assembly machines for various applications, including cabinetry, furniture, millwork and fenestration industries.
Meier Transmission, Ltd., Cleveland, OH, has acquired Samson Industrial LLC, Tulsa, OK. With 12 branches in the Southeast, Samson Industrial is an industrial distributor of hose & fittings, fluid sealing, personal safety, fasteners and material handling products and systems, with more than $50 million in annual sales. Meier is an industrial distributor of power transmission, motion control and safety products, including electric motors, bearings, gearing, sprockets and other power transmission products. Meier also has complete repair capability for electric motors, pumps and gearboxes. Meier recently acquired Electric Motor Repair Co., Cleveland.
March U.S. machine tool consumption totaled $154.19 million, according to the Association For Manufacturing Technology and the American Machine Tool Distributors' Association. This was up 40.9% from February but down 13.6% from the total of $178.48 million reported for March 2002. With a year-to-date total of $394.92 million, 2003 is down 25.5% compared to the same period in 2002.
W.W. Grainger's daily sales rate for the month of April was down 3 percent versus April 2002. The timing of the Easter holiday, weaker sales of seasonal products compared to last April, and the ongoing sluggish U.S. economy affected sales performance. Daily sales at Grainger's Branch-based Businesses were down 3 percent versus April 2002. Daily sales for Integrated Supply were down 11 percent due to recent disengagements. Daily sales at Lab Safety were up 6 percent including Gempler's and down 1 percent excluding these incremental sales. Daily sales processed through grainger.com were 6 percent above April 2002. Results were affected by the timing of the holiday and the weak economy. The company expects sales for grainger.com of $450-550 million in 2003.
Industrial Distribution Group, Inc., Atlanta, GA, reported first