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In The News:

Breaking News in Wholesale Distribution

Sandvik Acquires Newtrax

In 2018 Newtrax generated revenues of C$26 million (US19.4 million).
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Industrial Production Up 0.4% in May

Manufacturing output increased 0.2% during the month.
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WESCO International and Plug and Play Launch B2B Sales and Distribution Accelerator

WESCO joins as a founding anchor member in launching their newest accelerator.
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United Electric Supply Announces Leadership Changes

Richard Freebery will retire as vice president, vendor and new business development after 35 years with the company.
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ABB Names CMD

Maryrose Sylvester succeeds Greg Scheu, who will retire at the end of October.
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Wholesale Prices Up Slightly in May

The May gain came from a 0.3% increase in the wholesale price of services.
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Distribution International Expands North American Footprint with Silvercote Acquisition

The mechanical insulation distributor is buying the metal building insulation laminator and distributor from Knauf Insulation
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HD Supply’s First Quarter Sales Up 7.5%

Construction and industrial sales increased 8.3% in the fiscal first quarter.
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Turtle & Hughes Names Operations Manager

Nicholas Marcello was most recently Inventory control supervisor at the company’s Bridgewater, New Jersey, Central Distribution Center.
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Nichols Acquires DawnChem

The acquisition significantly expands the company’s presence in the Northeast Ohio area.
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