MDM-Podcasts-launch
Need Help? (888) 742-5060

In The News:

Breaking News in Wholesale Distribution

Kaman Reports First Quarter Results

Kaman Industrial Technologies, />Windsor, w:st="on">CT, reported net sales were $156.0 million in the 2005 first quarter, up 7% from $145.6 million a year ago. First quarter operating profits for the Industrial Distribution segment were $8.5 ...
Read More

Airgas Reports Fourth Quarter Earnings

Airgas, Inc.,Radnor, PA, the largest U.S. distributor of industrial, medical and specialty gases, welding, safety and related products, reported fiscal 2005 net sales increased 27% to $2.4 billion. Net earnings for the year ended Mar. ...
Read More

Hughes Supply Acquires Atlanta Distributor

Hughes Supply, Inc., Orlando, FL, has completed the acquisition of National Construction Products, Inc., a distributor of construction materials serving the Atlanta, Georgia area. National Construction Products was owned by Larry Darnell, who will continue ...
Read More

Parker Aerospace Enters Service Joint Venture

SIA Engineering Company, a subsidiary of Singapore Airlines (SIA), has signed a joint venture agreement to form an aerospace hydraulic equipment service center with Parker Hannifin Corporation's Parker Aerospace Group. The new venture, named Aerospace ...
Read More

Airgas Acquires Two Distributors

Airgas, Inc., Radnor, PA, has completed acquiring the assets and operations of Vancouver Welding Supply, Inc., Vancouver, WA, and Cumberland Welding & Supply Co., Inc., Cumberland, MD. In all, the two businesses had more than ...
Read More

IDG Reports Strong First Quarter

Industrial Distribution Group, Inc., Atlanta, GA, reported revenues for the first quarter ended Mar. 31, 2005 were $137.9 million, up $11.8 million or 9.4% compared to the $126.1 million corrected amount for the comparable period of 2004. Additionally, daily ...
Read More

Regal-Beloit Reports First Quarter Results

Regal-Beloit Corporation,Beloit, WI, reported first quarter net sales of the company increased 107.1% to $337.8 million from $163.1 million in the first quarter of 2004. Excluding the impact of the Commercial AC Motors and HVAC ...
Read More

Avnet to Acquire Semiconductor Distributor Memec

Avnet, Inc.,Phoenix, AZ, and Memec Group Holdings Limited have reached a definitive agreement for Avnet to acquire Memec in a stock and cash transaction valued at approximately $676 million, including the assumption of approximately $194 ...
Read More

Applied Reports Third Quarter Results

Applied Industrial Technologies,Cleveland, OH, reported net sales for the quarter ended Mar. 31, 2005 were $446.5 million, up 14.2% compared with $391.1 million in the same period a year ago. Net income for the quarter ...
Read More

Parker Hannifin Reports Third Quarter Results

Parker Hannifin Corporation,Cleveland, OH, reported fiscal third-quarter income from continuing operations of $142.2 million on sales of $2.14 billion for the period ended Mar. 31, 2005, compared to income from continuing operations of $105.7 million ...
Read More
Partner Center