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In The News:

Breaking News in Wholesale Distribution

Second Estimate: Real GDP Up 3.5% in Q3

Real gross domestic income increased 4 percent in the third quarter.
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Graybar Names District VP

Ellen Rebne promoted to district vice president in Minneapolis.
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Fersa Bearings Acquires 100% of NKE Austria

Fersa Bearings purchased 49 percent of the NKE shares in 2016.
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Winsupply Acquires MSI Supply

MSI Supply will remain under its current leadership.
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AMETEK Acquires Spectro Scientific

Spectro joins AMETEK as part of its Electronic Instruments Group.
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Statistics Canada: CPI Up 2.4 percent in October

All eight major components rose year over year in October.
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Chicago Fed National Index Up in October

Index points to slight increase in economic growth during the month.
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IDI Independent Distributors Names President

Rob Dewar takes over the role effective immediately.
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Sandvik to Acquire Chinese Toolmaker

Sandvik’s Seco Tools division expands machining solutions business with purchase of Kunshan Ousike Precision Tools Co., Ltd.
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Kimball Midwest Named Family Business of the Year

Central Ohio agency recognizes distributor for its contributions to industry, community.
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