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In The News:

Breaking News in Wholesale Distribution

Chicago Fed National Index Rose to -0.5 in May

The CFNAI Diffusion Index increased to –0.12 during the month.
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Kaman Sells Distribution Segment to Littlejohn

The segment distributes more than 6 million items to nearly every industry.
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McNaughton-McKay Electric Company Expands Georgia Service Area

The electrical product distributor also adds 30 new employees.
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Turtle & Hughes Launches Turtle Energy Storage Services

The new business department will meet growing industry demand.
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ISSA Merges with Global Biorisk Advisory Council

Deal will go into effect immediately.
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Acuity Brands Acquires WhiteOptics

The acquisition is not expected to impact the company’s fiscal 2019 consolidated financial performance.  
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Industrial Distribution Abruptly Closes Down

Parent company Advantage Business Marketing ceases operations.
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Border States Electric CEO Named COO for State of North Dakota

In 2018, Tammy Miller announced her plan to retire as CEO of BSE.
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Ohio Transmission Corporation Acquires Two Midwest Companies

Acquisition of Furey Filter & Pump and PSI Engineering enhances OTC’s pump, filtration, service and fabrication business.
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Canadian Manufacturing Activity Down in April

In volume terms, manufacturing sales decreased 0.8% during the month.
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