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In The News:

Breaking News in Wholesale Distribution

Alcoa Sales Down 12% in 1Q

Company reported sales for the first quarter of $2.7 billion.
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ABB Announces Resignation of CEO

The Chairman of the Board, Peter Voser, will become interim CEO.
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The Goods and Services Deficit Fell in February, Revised

Year-to-date, the goods and services deficit decreased 7.6% from the same period in 2018.
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Textron Sales Down 5.7% in 1Q

Industrial sales were down 19.4% year-over-year.
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Golden State Foods Announces Management Changes

The new appointments are an attempt to accelerate the company’s global growth strategy.
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Industrial Production Down 0.1% in March

Manufacturing production was unchanged during the month.
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Canadian Manufacturing Activity Down in February

In volume terms, manufacturing sales decreased 0.5% in February.
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DSG Names Four New Regional General Managers

This is a new leadership role at DSG.
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Jason Industries Announces Board of Director Changes

Andrew Lampereur has been named a new director nominee.
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Eaton Completes Acquisition of Turkish Manufacturer

The deal complements Eaton’s IEC portfolio and strengthens its business in tailored medium-voltage solutions.
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