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In The News:

Breaking News in Wholesale Distribution

Advance Report: New Orders for Manufactured Durable Goods Fell in February

The decrease follows a 0.1% January increase.
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Emerson Announces New Global Headquarters

The company has announced a strategic investment of $49 million to build the new facility in Connecticut.
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Acuity Brands Sales Up 2.7% in 2Q

Year-to-date sales increased 6.8% year-over-year.
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Carlisle Companies to Acquire MicroConnex

MicroConnex will become part of the Carlisle Interconnect Technologies operating segment.
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Jason Industries Acquires Schaffner Manufacturing Company

The acquisition will help Jason expand its polishing product line offerings within North America.
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Eaton Names President, Hydraulics Group

Paula Ruiz succeeds Curt Hutchins who will be leading the spin-off of Eaton’s Lighting business.
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McKesson Appoints New CEO

Brian Tyler succeeds John Hammergren in the role.
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Fortive Acquires Advanced Sterilization Products

Advanced Sterilization Products was acquired from Ethicon, Inc., a subsidiary of Johnson & Johnson.
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IDI Completes Merger with AD to Become AD Canada Industrial & Safety

The merger further enhances the AD’s private label and redistribution capabilities.
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Manufacturing Sector Grew in March

At 55.3, the PMI increased 1.1% from February.
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