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In The News:

Breaking News in Wholesale Distribution

Bunzl Buys Two Redistributors

Bunzl plc has acquired the business of Tec Products Co. Inc., a private company based in New Jersey. Tec Products is a supplier of jan/san and associated products through redistributors. Revenue in the year ended ...
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Home Depot Reaches Agreement With Activist Investor

The Home Depot, Atlanta, GA, has reached an agreement with Relational Investors LLC. The investment firm is headed by Ralph Whitworth, who has criticized HD's executive strategy, including its HD Supply division, and has demanded ...
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Construction Spending Increases 4.8% in 2006

The value of construction spending put in place in 2006 was $1, 198.0 billion, 4.8% above the $1,143.7 billion spent in 2005. The value of private construction in 2006 was $928.7 billion, 3.3% above the ...
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Huttig Building Products Records Loss for 2006

Huttig Building Products, Inc., St. Louis, MO, distributor of millwork, building materials and wood products, reported sales were $1.103 billion in 2006, up slightly from 2005. A 9% increase in the first half of the ...
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Building Materials Holding Corp. 2006 Sales Up 11%

Building Materials Holding Corporation, San Francisco, CA, provider of construction services and building materials to professional residential builders and contractors, reported sales for the fourth quarter of 2006 decreased 26% to $608 million from $818 ...
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Canadian Price Index Up 3.6% in 2006

Prices charged by manufacturers in Canada, as measured by the Industrial Product Price Index (IPPI), were up  ; 1.4% in December from the month before thanks to a significant increase in prices for petroleum and ...
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Gates Corp. Launches Store at PTPlace

Gates Corporation's Industrial Power Transmission division has launched an online store at PTPlace.com, an e-commerce Web site that offers authorized U.S. distributors the convenience of ordering the firm's complete line of belt drive system products ...
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New Grainger Catalog: 20% More Products

W.W. Grainger, Chicago, IL, distributor of facilities maintenance supplies, has released its updated 2007 catalog with more than 138,000 MRO products, an increase of 23,000 over last year.   ; Last year, the distributor increased ...
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WESCO 2006 Sales Up 20.3%

WESCO International Inc., Pittsburgh, PA, reports sales increased 20.3% to $5.32 billion, compared with $4.4 billion in 2005. Profit for the year was $217 million, double the profit of last year.   ; The electrical ...
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3M Acquires Rite-Lok Adhesives Line

3M, St. Paul, MN, has acquired the Rite-Lok global industrial adhesives product line from Chemence Inc., a specialty chemical company that manufactures consumer and industrial adhesives.   ; The line includes anaerobic threadlockers, retaining compounds, ...
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