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In The News:

Breaking News in Wholesale Distribution

Construction Spending Generally Flat Oct.-Nov.

Construction spending during November 2006 was estimated at a seasonally adjusted annual rate of $1,184.1 billion, 0.2 percent below the revised October estimate of $1,186.7 billion. The November figure is 0.1 percent above the November ...
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Airgas Buys Refrigerant Supplier

Airgas, Inc., Radnor, PA, has acquired CFC Refimax, LLC, a full-service refrigerant supplier and reclamation company based in Atlanta, GA.  ; The business, which has about 50 employees, had about $21 million in annual sales ...
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Kennametal to Buy Federal Signal's Cutting Tool Business

Kennametal Inc., Latrobe, PA, has agreed to acquire Federal Signal Corporation's cutting tool business comprised of Manchester Tool Company, ClappDiCO Corporation and On Time Machine, Inc. for $67 million.   ; With annual sales of ...
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Home Depot CEO Nardelli Resigns

The Home Depot's Bob Nardelli has resigned from his posts as president, CEO and chairman of the board as of Jan. 2, 2007. Frank Blake, the company's executive vice president, succeeds him. The move comes ...
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Praxair Buys Blue Rhino Assets in Canada

Praxair Distribution, Danbury, CT, a division of Praxair Canada Inc., has acquired the Canadian propane tank-exchange business of Blue Rhino, a Ferrellgas Partners L.P. company.Under the agreement, Praxair acquired more than 900 propane tank-exchange display ...
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Manufacturing Expands in December

Economic activity in the manufacturing sector expanded in December following a one-month decline, while the overall economy grew for the 62nd consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On ...
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Global Trade Forum Focuses on Industrial Supply

A new annual trade forum that focuses on the industrial (MROP) supply chain, and addresses the dynamics of U.S. manufacturer survival, expanding business opportunities, global marketing and sourcing and the distressed U.S. auto industry, will ...
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The Hite Company Purchases Six Hagemeyer Locations

The Hite Company, Altoona, PA, will buy six Hagemeyer North America electrical distribution sites in Pennsylvania and West Virginia. The acquisition is expected to close in late January. The purchase covers Hagemeyer locations in Pittsburgh, Cranberry ...
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Idelle K. Wolf Named President of Barnes Distribution

Barnes Group Inc., Bristol, CT, has promoted Idelle K. Wolf to president of Barnes Distribution, effective Jan. 1. Wolf was president of Barnes Distribution North America. She remains a vice president for Barnes Group Inc. ...
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EU Expects Growth in Chemical Industry

The European chemical industry, the world's biggest chemicals exporter, expects to grow more rapidly in 2006 than this year. This bodes well for the health of global manufacturing, as most industries use chemicals, according to ...
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