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In The News:

Breaking News in Wholesale Distribution

David Derrow, Ohio Transmission Corporation Co-Founder, Dies at 95

Derrow founded OTC with his business partner, Phil Carstens, in 1963.
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Industrial Production Up 0.1% in February

Manufacturing production fell 0.4% during the month.
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3M Announces New Business Segments and Leadership Appointments

The new alignment aims to better serve global customers and markets.
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Canadian Manufacturing Activity Increased in January

Sales rose in 15 of 21 industries.
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Sandvik Sales Up 10.2% in 2018

Profit grew 3.3% for the year.
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U.S. GDP Up 2.9% in 2018

BEA estimates GDP rose 2.6% in the fourth quarter.
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December U.S. Exports Decrease, Imports Increase

Goods and services deficit increased 12.5% in 2018 over 2017.
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Manufacturing Employment Grows by 4,000 in February

The unemployment rate declined 0.2% in February.
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Ballard Industrial Announces Restructure of Executive Leadership

The company stated that these moves provide the structure to support its continued growth throughout the Pacific Northwest and Alaska.
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Allied Motion Sales Up 23.3% in 2018

Fourth-quarter sales rose 13.2%.
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