duties. Industrial distributor Applied Industrial Technologies, Cleveland, OH, reported sales increased 8.2 percent to $511 million in the 2008 second quarter ended Dec. 31, 2007. Profit was up 23.7 percent. Year-to-date, sales were up 6.7 percent to $1.02 billion, and profit was up 19.5 percent to $47.4 million. More MSC Industrial Direct Co. Inc., Melville, NY, distributor of MRO supplies to industrial customers, reported sales in the first quarter 2008 were $437.6 million, an increase of 8.8 percent from the prior-year period. Profit was up 16.3 percent to $46.9 million. More The Fastenal Company, Winona, MN, reported sales for the year ended Dec. 31, 2007, were up 14 percent to $2.06 billion. Profit increased from $199 million to $232 million in 2007, up 16.9 percent. Sales for the quarter ended Dec. 31 were $519.2 million, an increase of 15.7 percent over the same period last year. Profit was up 23.3 percent. More Industrial production was unchanged in December. For the fourth quarter, output fell 1 percent (annual rate), the first quarterly decrease since the fourth quarter of 2006. Total industrial production in December was 1.5 percent above its year-earlier level. More After holding steady in October, manufacturing sales in Canada increased by 1.1 percent in November. Sales improved by $573 million to $50.6 billion. Almost all of the increase in manufacturing was the result of a surge in petroleum and coal product sales during the month, which benefited from sharply rising prices. More U.S. distributors'sales of power transmission/motion control products continue to fluctuate, dropping 5.9 percent from October to November after a 5.2 percent increase in sales the prior month, according to the latest Power Transmission Distributors Association month-end trend data for November 2007. More Schneider Electric has agreed to acquire IMS, a U.S. company that designs and manufactures integrated motor and drive products with revenues around $20 million in 2007. With this acquisition, Schneider Electric strengthens its presence in general motion control through the fast-growing integrated motor and drive market. More Arrow Electronics, Melville, NY, has agreed to acquire the electronic components distribution business of Hynetic Electronics and Shreyanics Electronics in India. Arrow is a global supplier of products and services to industrial and commercial users of electronic components and computer products. More Columbus McKinnon Corp., Amherst, NY, manufacturer of material handling products, is considering strategic alternatives, including selling, for its Univeyor business. The company is in the process of selecting a financial advisor to lead the initiative. More Thomas &Betts Corp., Memphis, TN, has acquired The Homac Manufacturing Company, a manufacturer of components used in utility distribution and substation markets, as well as industrial and telecommunications markets, for $75 million. In 2007, Homac sales were $65 million. More German-based driven and static tools manufacturer EWS Tool Technologies has acquired tool manufacturer Command Tooling Systems LLC, Minneapolis, MN.