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In The News:

Breaking News in Wholesale Distribution

Allied Motion Sales up 22.6% in 1Q

Profit increased to $4.5 million.
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Manufacturing Sector Grew in April

At 52.8, the PMI decreased 2.5% from March.
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AD Member Sales Up 7% in 1Q

Purchases from AD suppliers grew by 8% in Q1.
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Kaman Distribution Sales Down 1.3% in 1Q

Sales for Kaman's distribution segment were up 2.5% over the prior-year period.
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AMETEK Sales Up 9.8% in Q1

Profit increased 12.7 percent in first quarter.
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Timken Reports 10.9% Sales Increase in 1Q

Higher volume, favorable price/mix and improved manufacturing performance drive the growth.
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Sonepar COO to Retire

The Sonepar Group has also reorganized at the regional level.
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Gardner Denver to Combine with Ingersoll Rand’s Industrial Segment

The merger will create a global leader in mission-critical flow creation and industrial technologies.
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Ingersoll-Rand’s Sales Up 22.6% in First Quarter

The company reported a loss of $2.1 million for the quarter.
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Eaton Sales Up 1% in 1Q

Electrical products sales increased 2% year-over-year.
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