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In The News:

Breaking News in Wholesale Distribution

SDI Q3 financials

Strategic Distribution, Inc., Bensalem, PA, reported revenues for the third quarter ended Sept. 30 were $30.0 million, compared to revenues of $47.7 million reported for the third quarter of 2002. The $17.7 million decrease in ...
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Cooper appoints president of Tools & Hardware

Cooper Industries, Ltd., Houston, TX, appointed Steven L. Sisney as group president of Tools & Hardware. In this position, Sisney will have responsibility for the company's global tools and hardware businesses, including Cooper's hand tools ...
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Mayer Electric to acquire Maddux Supply

Mayer Electric Supply Company, Birmingham, AL, has announced the signing of a letter of intent to acquire the operations of Maddux Supply, Greensboro, NC, with 14 branch operations in North Carolina, South Carolina, Virginia, Georgia, ...
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Airgas Q2 financials

Airgas, Inc., Radnor, PA, reported earnings for its second quarter ended Sept. 30. Net earnings for the quarter were $19.1 million, compared to $19.2 million in the same period a year ago. Second quarter results ...
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MRO Software reports fourth-quarter results

MRO Software, Inc., Bedford, MA, announced revenues of $46.0 million for the company's fourth quarter and $176.9 million for the fiscal year ended Sept. 30.Total revenues for the fourth quarter were $46.0 million compared with ...
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ISM's PMI increases to 57%

Economic activity in the manufacturing sector grew in October for the fourth consecutive month, while the overall economy grew for the 24th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report ...
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Master Chemical Corporation opens China location

Less than a year after its official groundbreaking, Master Chemical Corporation of Perrysburg, has opened Master Chemical (Shanghai) Co., Ltd., in the People's Republic of China.The event was attended by more than 150 people including ...
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PTDA September trend data

The Power Transmission Distributors Association (PTDA) released the September trend data for distributors and manufacturers of power transmission/motion control (PT/MC) products.In September, U.S. distributors' year-to-date sales of PT/MC products remained flat as compared to sales ...
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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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