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In The News:

Breaking News in Wholesale Distribution

Orders for Manufactured Technology Goods Decreased in April

April orders declined 16.5% from March.
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Manufacturing Employment Shows Little Change in May

The unemployment remained at 3.6% during the month.
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Valin Corp Acquires Pacific Technical Products

The acquisition strengthens Valin Corporation’s automation product portfolio.
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The Goods and Services Deficit Decreased in April

Year-to-date, the goods and services deficit increased 2% from the same period in 2018.
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Fastenal’s May Sales Up 9.5%

The company reported daily sales up 9.5% versus a year ago.
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Private Equity-Backed Motor City Industrial Acquires Quality Fastener and Supply

The acquisition strengthens the company’s presence in the Midwest.
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ParkOhio Completes Acquisition of Erie Press Systems

Erie Press has reported annual revenues of $20 million.
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High Road Capital Partners Acquires John Henry Foster Minnesota

John Henry Foster Minnesota is a value-added distributor of motion control parts and accessories, supplying manufacturers in the Upper Midwest.
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HARDI Distributors Report 22.3 Percent Revenue Increase in April

Annualized growth through April was 12.6%.
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Singer Equities Acquires 4-STAR Hose & Supply

The business will continue operating under the 4-STAR Hose & Supply name.
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