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In The News:

Breaking News in Wholesale Distribution

AD launches healthcare company

At their recent North American Meeting in Nashville, TN, Affiliated Distributors introduced "A-D Services Group, Inc.", a newly formed subsidiary created in response to members' concerns over rising health insurance costs that have cut deeply ...
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Columbus McKinnon to consolidate chain manufacturing

Columbus McKinnon Corp., Amherst, NY, plans to consolidate its Columbus McKinnon Limited chain manufacturing operations located in Cobourg, Ontario, Canada, into two of its other North American chain manufacturing facilities. The estimated annual recurring pretax ...
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Strategic Distribution Q3 report

Strategic Distribution, Inc., Bensalem, PA, reported financial results for the third quarter ended Sept. 30, 2002.Revenues for the third quarter of 2002 were $47.7 million, compared to $81.4 million reported in the same quarter of ...
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IDG third quarter financials

Industrial Distribution Group, Inc. Atlanta, GA, reported financial results for the third quarter and nine months ended Sept. 30, 2002.Third quarter 2002 revenues were $124.0 million compared to $123.9 million for the comparable period in ...
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PTDA updates member qualifications

The Power Transmission Distributors Association (PTDA), Chicago, IL, has modified its qualifications for distributor and manufacturer membership to better reflect the current needs of -- and conditions in -- the global power transmission/motion control (PT/MC) ...
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Prophet 21 to sign definitive merger agreement

Prophet 21, Inc., Yardley, PA, , a provider of business technology software and services to the durable goods distribution market, has entered into an agreement and plan of merger with an entity formed by Thoma ...
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Rockwell Automation Q4 , full year results

Rockwell Automation, Inc., Milwaukee, WI, reported fiscal 2002 fourth quarter income from continuing operations and net income of $49 million. This result includes income of $4 million ($3 million after-tax) from the favorable settlement of ...
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Hagemeyer to open Southeast Regional Distribution Center in Atlanta area

Hagemeyer North America, Inc. ('Hagemeyer') announces its first Regional Distribution Center (RDC) in Barrow County near Winder, GA. This Southeast distribution center is strategically located to serve Hagemeyer sites and its customers. According to David ...
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Cambar Software acquired by Supply Chain Holdings

Cambar Software Inc., Charleston, SC, has been acquired by Supply Chain Holdings LLC, a Southeast investment firm, for an undisclosed amount. CSI plans to leverage the new ownership group and funding to accelerate the growth ...
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October Manufacturing ISM Report On Business

Economic activity in the manufacturing sector declined for the second consecutive month. The overall economy grew for the 12th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business.The report ...
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