Need Help? (888) 742-5060

In The News:

2010 MDM Market Leaders: Top Power Transmission/Bearing Distributors No. 7

Canadian Bearings Ltd

canadian bearings logo




Headquarters: Mississauga, Ontario, Canada
2009 Revenues: $155 million
Change in Sales from 2008: -13.9%
Employees: 290
Locations: 33
Key Executives: CEO Farrokh Khalili; CFO Roland Bissoon; COO Farhang Manucherian

Canadian Bearings Ltd. is a Canadian industrial distributor; integrated supply accounts for 15 percent of the power transmission/bearings distributor's total sales. The distributor reported strength in mining end-markets, and weakness in industrial OEM and wood products. Growth opportunities include pharmaceuticals and mining. CEO Farrokh Khalili said one of the distributor's challenges was the current exchange rate for the Canadian dollar, which again is close to par with the U.S. dollar. "In my view the exchange rate is a significant barrier. It makes us less competitive in the U.S. market," he said. He said that the distributor is focused on becoming more efficient. "Efficiency and cost containment is an ongoing discipline that we cannot afford not to have," he said.

No. 8: IBT, Inc.

Return to Full List of Top Power Transmission/Bearing Distributors

Read MDM's premium report on the Power Transmission/Bearing Distribution Sector.

Not a subscriber? Order the entire 2010 MDM Market Leaders and Distribution Landscape Report, or subscribe today for full access.

View Top Electrical Distributors
View Top HVACR/Plumbing/PVF Distributors
View Top Building Materials/Construction Distributors
View Top Industrial Distributors
View Other Distribution Sectors

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>

MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center