Breaking News in Wholesale Distribution
Applied Industrial Technologies, Cleveland, OH, reported net sales for its fiscal third quarter ended Mar. 31 were $391.1 million, up 6.2% compared with $368.2 million in the same period a year ago. Net income for ...Read More
Barnes Group Inc., Bristol, CT, reported net sales for the quarter ended Mar. 31, 2004 were $247.2 million, up 13% from $218.7 million in the first quarter of 2003. Net income increased 31% to $9.6 ...Read More
MSC Industrial Direct Co., Inc., Melville, NY, reported net sales for the second quarter of fiscal 2004 ended Feb. 28 increased 10.0% to $230.5 million, compared to net sales of $209.6 million in the second ...Read More
Strategic Distribution, Inc., Bensalem, PA, reported revenues for the fourth quarter of 2003 were $26.4 million, compared to revenues of $40.9 million reported for the fourth quarter of 2002. The $14.5 million decrease in revenues ...Read More
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January U.S. machine tool consumption totaled $161.19 million, according to the American Machine Tool Distributors' Association and the Association For Manufacturing Technology. This total, as reported by companies participating in the USMTC program, was down ...Read More
Economic activity in the manufacturing sector grew in January for the eighth consecutive month, while the overall economy grew for the 27th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report ...Read More
Hagemeyer NV, Amsterdam, The Netherlands, announced major reorganization plans on Dec. 9: cutting an additional 270 jobs in the U.S., part of an international 1,000-job reduction overall in 2004 to trim costs, a EUR 1.5 ...Read More
ITW Fluid Products Group, Glenview, IL, the manufacturer of the Accu-Lube, Rustlick and SafeTap lines is changing its name and becoming ITW ROCOLTM NORTH AMERICA effective January 1, 2004. Illinois Tool Works Inc, headquartered in ...Read More
Applied Industrial Technologies, Cleveland, OH, has acquired Rodamientos y Bandas de la Laguna, S.A. de C.V. (Rybalsa), Chihuahua, Mexico, from Sergio Nevarez, its principal owner. The Rybalsa acquisition encompasses five facilities in Chihuahua, Ciudad Juarez, ...Read More
Ohio Transmission Corporation (OTC), Columbus, OH, has acquired the assets of Hydro-Power, Terre Haute, IN. Hydro-Power will be operated as a part of Ohio Transmission and Pump (OTP), a division of ...Read More