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In The News:

Breaking News in Wholesale Distribution

Avery Dennison Sales Up 3.2% in 2Q

Sales for the first six months decreased 2.6% year-over-year.
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Pentair’s Sales Up 2% in Second Quarter

Sales for the manufacturer decreased 1.7% during the first six months.
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Chicago Fed National Index Rose to -0.02 in June

The CFNAI Diffusion Index increased to –0.26 during the month.
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Motion Industries Names VP, West Group

Jeremy Barton was most recently Mountain Division sales manager at Motion Industries.
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Nondurable Goods Manufacturing Increased 8.4% in the First Quarter

The 3.1% increase in real GDP was attributed to 16 of 22 industry groups.
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Avnet Names CIO

Max Chan has been promoted from head of global information solutions within Avnet.
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PPG Sales Down 2.6% in 2Q

Profit decreased 26.7% year-over-year.
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United Rentals Second Quarter Sales Up 21.1%

For the first six months sales grew 21.5%.
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Snap-on Sales Down Slightly in 2Q

Sales for the first six months decreased 0.9% year-over-year.
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Textron’s Sales Down 13.4% in Second Quarter

Profit for the second quarter fell 3.1%.
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