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In The News:

Breaking News in Wholesale Distribution

July Manufacturing ISM Report On Business

Economic activity in the manufacturing sector grew for the sixth consecutive month in July. The overall economy grew for the ninth consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On ...
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The Timken Company Q2 results

The Timken Company, Canton, OH, reported second quarter 2002 earnings of $0.28 per diluted share, excluding restructuring and reorganization charges and goodwill amortization, on sales of $660.8 million compared to $0.05 per diluted share and ...
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Genuine Parts Q2 sales up 1%

Genuine Parts Company, Atlanta, GA, reported sales totaling $2.1 billion for the second quarter of 2002, up 1% compared to the second quarter of 2001. Net income was $96 million, compared to $95 million for ...
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Danaher Q2 sales and earnings up

Danaher Corporation, Washington, DC, announced net earnings for its second quarter ended June 28, 2002 were $103.7 million, 10% above the corresponding 2001 period earnings of $94.2 million. Diluted earnings per share for the 2002 ...
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Eaton Q2 sales increase 1%

Diversified industrial manufacturer Eaton Corporation, Cleveland, OH, announced operating earnings per share of $1.24 for the second quarter of 2002, 32 percent above comparable results one year earlier. Sales in the quarter were $1.88 billion, ...
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Pentacon awarded new business with Lockheed

Pentacon, Inc., Chatsworth, CA, a leading distributor and provider of related inventory management services for fasteners and other small parts, has won a multi-year award from Lockheed in support of its F-16 production requirements. The ...
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Illinois Tool Works Q2 report

Illinois Tool Works Inc., Glenview, IL, reported 2002 second quarter income per diluted share from continuing operations excluding goodwill amortization increased 5 percent versus the prior year period primarily as a result of continuing improvement ...
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One Source building new central distribution center

OneSource Distributors, San Diego, CA, broke ground for a new 100,000 square foot Central Distribution Center and Corporate Headquarters to be built at Ocean Ranch Corporate Centre in Oceanside, CA. The new warehouse will be ...
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Riten Industries completes Concentric acquisition

Riten Industries completed the purchase of the Concentric Tool Company, manufacturer of the Concentric live center, the nation's best-known spring-loaded center. Riten will continue to market the spring-loaded live center under the Concentric name, and ...
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Barnes Q2 sales up 5%

Barnes Group Inc. announced financial results for the second quarter ended June 30, 2002. Net sales for the second quarter of 2002 were a record $209.4 million, up five percent from $199.5 million in the ...
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