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In The News:

Breaking News in Wholesale Distribution

Motion Industries Names SVP, Southeast Group

Watwood has been division vice president, general manager of the Nashville division of Motion Industries since 2014.
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The Conference Board Consumer Confidence Index Increased in May

The Index now stands at 134.1, up from 129.2 in April.
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RBC Bearings Sales Up 4.1% in Fiscal 2019

Fiscal fourth quarter sales increased 1.3%.
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GPC Agrees to Acquire Remaining Stake of Inenco Group

Genuine Parts previously purchased a 35% stake in Inenco in 2017.
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Rexnord Adds New Directors to Board

Peggy Troy and Rose Schooler join the company’s board of directors effective immediately.
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Ferguson Names Non Executive Director/Chairman

Geoff Drabble will succeed Gareth Davis as chairman after the 2019 annual general meeting.
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ParkOhio Agrees to Acquire Erie Press Systems

Erie Press has reported annual revenues of $20 million.
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Winsupply Opens Maine Location

The new facility will serve electrical contractors in the Greater Portland area.
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Fairmont Supply Names President

Current CFO Anthony Dodds takes on the role of president.
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Q1 Sales Up 5.7% at The Home Depot

Profit rose to $2.5 billion during the first quarter.
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