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In The News:

Breaking News in Wholesale Distribution

ITT Acquires Matrix Composites

Matrix Composites will expand ITT Connect and Control Technologies’ core aerospace product and technology capabilities.
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Manufacturing Employment Adds 17,000 jobs in June

The unemployment rate was little changed at 3.7% during the month.
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The Goods and Services Deficit Increased in May

Year-to-date, the goods and services deficit increased 6.4% from the same period in 2018.
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Ingram Micro Completes Acquisition of Cyber Security VAD Abbakan

Management from both companies have started working together to offer superior services to customers and partners across France.
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Acuity Brands’ Q3 Sales Up 0.4%

Sales increased 4.4% during the first nine months.
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AD Hosts Second Annual Finance & HR Summit

The buying group hosted over 180 attendees from 114 AD member owner distributors and service providers.
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Amazon Surpasses FedEx, UPS, USPS to Become its Own Biggest Shipper

The company delivers 48% of its packages, according to Rakuten Intelligence.
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Amazon Business Launches Business Prime in the UK

Business Prime gives members access to Prime delivery benefits including unlimited one-day, same-day and nominated-day delivery.
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New Manufactures Representation Group Launches in the Southeastern US

The Arrowhead Group will serve industrial, construction, safety, MRO and welding markets.
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Distribution Analytics Platform MITS Acquired by Eden Capital

The deal creates a software platform featuring sister companies Compass Sales Solutions and Tour De Force.
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