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In The News:

Breaking News in Wholesale Distribution

Barnes Group Names Tech Executive

Patrick Hurley will serve as senior vice president and chief technology officer.
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Beacon Roofing Supply’s Q1 Sales up 53%

Company continues to integrate Allied Building Products acquisition; reports net loss for quarter.
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Jon-Don Acquires Quest Building Products

Distributor expands specialty contractor offering, will open 13th national distribution center this year.
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Merfish Pipe & Supply Co. Acquires United Pipe & Steel

The deal creates the largest master distributor of standard pipe products in the United States.
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Snap-on Sales Up 1.5% in 2018

Fourth-quarter sales fell 2.3 percent year-over-year.
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Cardinal Health’s Sales Up 7%

Fiscal second-quarter increase led by growth in the company’s pharmaceuticals segment.
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Timken’s Q4 Sales Up 17%

Company reports strong fourth quarter and full-year performance in 2018.
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National Oilwell Varco’s Q4 Sales Up 11%

Company reports solid performance in 2018 despite year-end slowdown.
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Protective Industrial Products to Acquire Former Competitor West Chester Protective Gear

PIP intends to leverage the acquisition to provide distributors and retailers with an expanded product offering along with more flexible competitive solutions.
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November U.S. Exports, Imports Decrease

Goods and services deficit decreased year-over-year in November.
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