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In The News:

Breaking News in Wholesale Distribution

Motion Industries Earns John Deere ‘Partner-Level Supplier' Status

Motion Industries, Birmingham, AL, has earned recognition as a Partner-level supplier for 2004 in the John Deere Achieving Excellence Program. The Partner-level status is Deere & Company's highest supplier rating. The company was selected for ...
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Timken Offers Paper Industry Bearing Training

The Timken Company, Canton, OH, will launch a Paper Industry Bearing Training class in September. Held at Timken's Tyger River facility in Union, SC, the training will help paper mills and roll shop operators reduce ...
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Machine Tool Consumption up 18.6% YTD

April U.S. machine tool consumption totaled $257.39 million, down 8.3% from March but up 29.0% from the total of $199.60 million reported for April 2004. With a year-to-date total of $969.35 million, 2005 was up ...
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Parker Hannifin May Orders Rebound Slightly

Parker Hannifin Corporation, Cleveland, OH, reported orders for May in the company's North American industrial businesses increased 2 percent over the same month last year. Rest-of-World industrial orders were flat over the same month last ...
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Valley National Gases Acquires Michigan Distributor

Valley National Gases Incorporated, Washington, PA, has acquired Plymouth Wayne Welding Supplies, Inc., an industrial gases and welding supply distributor with four locations in Southeastern Michigan. Plymouth Wayne has approximately $12 million in annual sales.  Valley National ...
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Manufacturers Alliance: Industrial Growth Likely To Continue

The manufacturing expansion should continue in the next six months and sustain its growth through 2006, according to the Manufacturers Alliance/MAPI Quarterly Industrial Outlook, a report that analyzes 27 major industries.  In a sign of ...
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Kaman Corporation Floats Recapitalization Plan

Kaman Corporation, Bloomfield, CT, has entered into an agreement with certain members of the Kaman family that contemplates a proposed recapitalization which would simplify the corporation's capital structure and enhance its corporate governance by eliminating ...
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Wholesale Sales Climb 1.5% in April

The U.S. Census Bureau announced that April 2005 sales of merchant wholesalers, except manufacturers' sales branches and offices, after adjustment for seasonal variations and trading-day differences but not for price changes, were $296.0 billion, up ...
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Mechanical Drives & Belting Joins IDC-USA

Mechanical Drives & Belting, Los Angeles, CA, has joined Independent Distributors Cooperative - USA, the national marketing cooperative of independent distributors of industrial bearing, power transmission and industry-related products. Mechanical Drives & Belting (formerly L.A. ...
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First Quarter GDP Grows 3.5%

Real gross domestic product -- the output of goods and services produced by labor and propertylocated in the United States -- increased at an annual rate of 3.5 percent in the first quarter of 2005,according ...
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