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In The News:

Breaking News in Wholesale Distribution

Beacon Roofing Supply Announces the Departure of President and CEO

Isabella will remain President and CEO, and a Director, during the company’s nationwide search for his successor.
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SRS Distribution Acquires Roofing Products & Building Supply

SRS will continue to operate the branches under the Roofing Products brand.
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Barnes Group’s Q4 Sales Up 3%

Company reports solid year, driven by strength in its aerospace business.
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The Conference Board: U.S. LEI Down Slightly

Group forecasts decelerating GDP growth by the end of 2019.
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Anixter Appoints Board Members

Distributor adds former Walmart and Cree Inc. executives to its board of directors.
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MSA’s Sales Up 5% in Q4

Manufacturer reports strong growth across its core product portfolio.
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GDP by Industry Statistics: Real GDP Up 3.4% in Third Quarter

Wholesale trade, information, and finance and insurance were the leading contributors to the increase in U.S. economic growth in the third quarter of 2018.
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TimkenSteel’s Sales Up 19% in Q4

Manufacturer reports $406 million in sales in Q4; finishes 2018 with $1.6 billion in sales.
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Timken Honors 17 Students with Scholarships

Manufacturer awards $540,000 in college scholarships to children of Timken employees.
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Sonepar USA Names East Region President

Current president Don Block will be retiring at the end of March.
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