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Breaking News in Wholesale Distribution

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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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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