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In The News:

Breaking News in Wholesale Distribution

September machine tool consumption up 24.8%

September U.S. machine tool consumption totaled $175.79 million, according to AMTDA, the American Machine Tool Distributors' Association, and AMT - The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTC ...
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Motion Industries Q3 sales down 2.5%

Motion Industries, Birmingham, AL, posted sales of $557.0 million in the third quarter ended Sept. 30, 2003, down 2.5% from $571.3 million in the third quarter of 2002. Operating profits were $34.2 million in the ...
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August machine tool consumption 16.6% ahead of July

August U.S. machine tool consumption totaled $150.99 million, according to AMT - The Association For Manufacturing Technology and AMTDA - the American Machine Tool Distributors' Association. This total, as reported by companies participating in the ...
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AIT Q1 in line with guidance

Applied Industrial Technologies, Cleveland, OH, reported that financial results for its fiscal 2004 first quarter, which ended Sept. 30, 2003, were consistent with the company's previously provided guidance. Net sales for the quarter were $361.1 ...
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Fastenal Q3 Earnings

The Fastenal Company, Winona, MN, reported net sales for the nine-month period ended Sept. 30, 2003 totaled $743.3 million, an increase of 8.3% over net sales of $686.2 million in the first nine months of ...
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Goodyear to close Huntsville, AL., tire plant

Goodyear Dunlop Tires North America, Ltd., and The Goodyear Tire & Rubber Company announced plans to close the tire manufacturing facility in Huntsville, AL., by Dec. 5, 2003. The closure will affect approximately 1,100 hourly ...
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Precision Industries signs contract with AM General

Precision Industries, Omaha, NE, the nation's largest privately held industrial distribution company of its kind, has won a multi-year supply chain service provider contract with AM General to source and provide MRO supplies and on-site ...
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September Manufacturing ISM Report On Business

Economic activity in the manufacturing sector grew in September for the third consecutive month, while the overall economy grew for the 23rd consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report ...
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Graybar unveils new brand strategy

Graybar, St. Louis, North America's leading electrical, telecommunications and networking distributor, unveiled a new brand strategy that reflects an increased focus companywide on offering supply chain logistics and service solutions for its customers across the ...
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Littlejohn to acquire GE Superabrasives

Littlejohn & Co., LLC, a private investment organization, and GE have entered into a definitive agreement for Littlejohn Fund II, L.P. to purchase GE Superabrasives, a leading supplier of manufactured diamond, cubic boron nitride, and ...
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