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In The News:

Breaking News in Wholesale Distribution

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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Wolseley spends $23 million on 3 North American acquisitions

Wolseley plc, the world's largest specialist trade distributor of plumbing, heating and building materials products, has acquired three more businesses in North America, for a total consideration, including debt acquired, of US$23 million. In a ...
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Factory Supplies Company under new ownership

Effective August 22, 2003 Mr. James Ahern and Mr. Douglas Johnson purchased the net assets and the name of Factory Supplies Company, Rockford, IL.Both individuals have extensive backgrounds with manufacturing companies in a variety of ...
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