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Top Distributor Sectors
Wolseley’s First Half at a Glance
UK-based Wolseley plc, distributor of plumbing/HVAC and building materials, recently reported its first-half results, which were brought down by Stock Building Supply in the U.S. and boosted by Ferguson. Wolseley saw 9 percent organic growth in North America, but profit fell 15%. European operations however saw double-digit organic growth, with profit up 33 percent.
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Here are a few graphics from a recent slideshow Wolseley recently posted online on its first-half results. The full presentation is here.

Download the pdf below to see the ...
Top Distributor Sectors
Brady Corporation Acquires Sorbent Products
Brady Corporation, Milwaukee, WI, acquired Sorbent Products Co., Inc., Somerset, NJ.
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Sorbent Products is a manufacturer of synthetic sorbent materials used in a variety of industrial maintenance and environmental applications for spill clean-up, containment and control. Available in a variety of shapes, sizes and configurations, SPC sorbents and spill kits are used indoors and outdoors in virtually every type of industrial market and environmental sector.
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The company has manufacturing operations in the U.S., Belgium and Hong Kong. Sorbent had sales of $47 million in 2006.
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The acquisition of SPC allows Brady to broaden its product portfolio for the MRO market and enhance its position as a provider of products that protect premises.
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Top Distributor Sectors
Fastenal Sales Grow 13% in 1Q
The Fastenal Company, Winona, MN, sales of $489,157 for the first quarter ended March 31, 2007, an increase of 13.3% over the same period last year. Profit increased 12.9%.
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During the first three months of 2007, Fastenal opened 73 new sites, as it did in the first quarter 2006. There were 2,000 sites as of Dec. 31, 2006.
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Current Initiatives
During the last several years, Fastenal has been pursuing initiatives to improve its operational performance. These include: a new freight model, tactical changes to working capital model, an expanded store model called CSP2, and a 'master stocking hub' distribution model.
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The freight model is an effort to haul a higher percentage of products with the Fastenal trucking network and to charge ...
Top Distributor Sectors
Spenard Builders Supply Acquires Polar Supply

Anchorage, AK-based Spenard Builders Supply, a division of Pro-Build Holdings, Denver, CO, has acquired Polar Supply Co., which operates in Anchorage,



Fairbanks and Kenai, according to the Home Channel News.

Polar Supply specializes in products required to build and maintain roads, bridges and pipelines and adds to Spenard's commercial product offerings.


Polar Supply's three facilities will each operate as a separate division within Spenard, focusing on major commercial contractors, pipeline and oil companies.


Based in Anchorage, Spenard Builders Supply ...

Top Distributor Sectors
Motion Industries Acquires Jonesboro Bearing


Motion Industries, Birmingham, AL, has acquired Jonesboro Bearing & Supply, Jonesboro, AR. Jonesboro Bearing has two locations: Jonesboro, AR, and Stuttgart, AR.
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Jonesboro is a distributor of bearings, power transmission, industrial supplies and fasteners.
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Motion Industries, a division of Genuine Parts Co. with 2006 sale of $3.1 billion, is an industrial parts distributor of bearings, power transmission products, electrical and industrial automation, hydraulic and industrial hose, hydraulic and pneumatic products, industrial supply products and material handling. It has more than 500 locations including nine distribution centers throughout North ...
Top Distributor Sectors
February Machine Tool Consumption Down 9.7%
February U.S. manufacturing technology consumption totaled $268.37 million, according to the Association for Manufacturing Technology and the American Machine Tool Distributors' Association. This total, as reported by companies participating in the USMTC program, was down 9.7% from January, and down 6.3% from the total of $286.29 million reported for February 2006. With a year-to-date total of $565.54 million, 2007 was up 9.4% compared with 2006.


These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTC program.

The first two months of the year fit the forecast pattern of slower growth in 2007," said John B. Byrd III, AMT President. "The strength of U.S. manufacturing activity is likely to ...
Top Distributor Sectors
Saint-Gobain Building Distribution Expands
Saint-Gobain's Building Distribution Sector has acquired three distributors in Europe: Vemac (Italy), Discesur (Spain) and Sch& auml; fer (Germany).
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Vemac is one of the country's largest builders'merchants based in Abruzzo. The business has 10 branches, employs 187 people and recorded net sales of & euro; 66 million in 2006.
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Following the opening of a second La Plateforme du B& acirc; timent store at the beginning of 2007 in Milan, Saint-Gobain Building Distribution reinforces its presence in the Italian market.
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Discesur is the No. 2 distributor of tiles in Spain. With a large showroom (4,000 m2) in Madrid, the business recorded net sales of over & euro; 55 million in 2006 and employs 101 people. Through this acquisition, Saint-Gobain Building ...
Finance
Gibraltar Buys Three Manufacturers
Gibraltar Industries, Inc., Buffalo, NY, has acquired NorWesCo, Noll Manufacturing, and M & N Plastics from The Employee Ownership Holding Company. The companies, which have annual sales of $60 million, operate manufacturing facilities in Fife, WA; Portland, OR; and Stockton, CA.
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They manufacture more than 4,000 products that serve the building, HVAC, and lawn and garden markets. They sell to retailers, building product distributors, roofing/concrete distributors, lumber yards, and contractors.
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Gibraltar Industries is a manufacturer, processor, and distributor of products for the building, industrial, and vehicular markets. The company serves a variety of industries in the U.S. and throughout the world. It operates 89 facilities in 26 states, Canada, ...
Subscriber Only
Wholesale Revenues Up Slightly in February

Sales. The U.S. Census Bureau announced today that February 2007 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 $340.8 billion, up 1.2 percent (+/-0.5%) from the revised January level and were up 7.1 percent (+/-1.2%) from the February 2006 level. The January preliminary estimate was revised downward $0.5 billion or 0.1 percent. February sales of durable goods were down 0.8 percent (+/-1.0%) ...
Subscriber Only
Global Economic Report: Soft, Stable Landing in 2007-08

Tighter global monetary policies, the unwinding of investment excesses, and the moderation that tends to accompany maturing expansions all point to an imminent period of slower growth for the global economy, according to a new quarterly report.

In the MAPI Quarterly Forecast of U.S. Exports, Global Growth, and the Dollar: Second Quarter 2007 Through Fourth Quarter 2008, economist Cliff Waldman concludes that the impact of the housing downturn in the United States and the near-term path of the embryonic investment slowdown in China are the two key variables that will determine the strength and stability of the world economy during 2007 and 2008.&nbsp ;

Financial markets have been nervous about the U.S. and Chinese outlook," he writes, "but most indications ...

Subscriber Only
Monthly Wholesale Trade: February 2007

Sales. February 2007 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 $340.8 billion, up 1.2 percent from the revised January level and were up 7.1 percent from the February 2006 level. February sales of durable goods were down 0.8 percent from last month, but were up 4.4 percent from a year ago. Compared to last month, sales of lumber and other construction materials were down 3.0 percent and sales of electrical goods decreased 1.8 percent. February sales of nondurable goods were up 3.2 percent from last month and were up 9.8 percent from last year. Compared to last month, sales of petroleum and petroleum products increased 8.8 percent ...
Free
MDM News Digest 3707

VWR International, Inc., West Chester, PA, $3 billion supplier to the global research laboratory industry, has acquired the remaining 76 percent interest in KMF Laborchemie Handels GmbH, a German-based scientific laboratory supply distributor. KMF has 70 employees, all based in Germany, with annual revenues of US$45 million.More ...&nbsp ;


Platinum Equity, Los Angeles, CA, has completed its acquisition of Strategic Distribution, Inc., MRO distributor to industrial and institutional customers in the U.S., Canada, and Mexico. The acquisition is a public-to-private transaction and Strategic Distribution Inc. has been delisted from the NASDAQ exchange, with each share of common ...

Economic Trends
MDM Inflation Index: February 2007

Modern Distribution Management's February Inflation Index, which measures a cross-section of industrial supplies, was up 0.29% from the previous month, and up 3.27% from February 2006.


Summary of&nbsp ; MDM Inflation Index for the past 12 months:


February 2007 Index 269.4
January 2007 Index 268.7
December 2006 Index&nbsp ; 267.1
November 2006 Index 266.5
October 2006 Index 265.9
September 2006 Index 265.6
August 2006 Index 265.2
July 2006 Index 264.0
June 2006 Index 263.0
May 2006 Index 262.1
April 2006 Index 262.1
March 2006 Index 262.1
February 2006 Index 261.2


Please click below on Related Document to view a print-ready pdf of the&nbsp ; MDM Inflation Index for February 2007, ...

Economic Trends
U.S. MARKET ANALYSIS: Saw Blades
Saw Blades represented a market in 2006 of $1.22 billion, according to estimates by Industrial Market Information, Minneapolis.&nbsp ;


These charts show the top ten industries, by SIC code, consuming these products; and the 2006 end-user consumption of these groups sorted by the nine
government market regions.

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Subscriber Only
MDM April 10, 2007
This is the pdf of this issue of Modern Distribution Management. Apply the full $24.95 pay-per-view cost toward an annual subscription (within 30 days of purchase), which includes two issues a month plus access to more than six years of online archives and market data. Call 1-888-742-5060 or email info@mdm.com to ...
Finance
WinWholesale Acquires Tri-State Electric Supply
WinWholesale Inc. has acquired Tri-State Electric Supply, a regional distributor of electrical products based in Cincinnati, OH, the Dayton Business Journal reported. The acquisition gives WinWholesale a chance to build a stronger presence in Ohio, Kentucky and Indiana.
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Tri-State had $24 million in revenues in 2006. Tri-State has branches in Dayton and Columbus.
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WinWholesale had $2.6 billion in revenues in 2006 and opened 16 new locations in 2006. It distributes commercial, industrial and residential supplies. ...
Free
Eaton Acquires UK-Based Aphel Technologies
Diversified industrial manufacturer Eaton Corporation, Cleveland, OH, has acquired UK-based Aphel Technologies Limited, a supplier of high-density, fault-tolerant power distribution solutions for data centers, technical offices, laboratories and retail environments.
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In 2006, Aphel Technologies had sales of $12.3 million.
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The acquisition of Aphel Technologies expands our power quality and distribution offerings to customers in key European markets," said Randy Carson, Eaton senior vice president and president - Electrical Group.
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Eaton Corporation is a diversified industrial manufacturer with 2006 sales of $12.4 ...
Top Distributor Sectors
Premier Farnell Moves Into China
UK-based Premier Farnell plc, a global distributor of electronic components and industrial products, has launched its business in China as Premier Electronics. It is focused on the local needs of China's electronic design engineering community.
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The launch of Premier Electronics, which included the opening of a new warehouse and distribution centre in WaiGaoQia, is set to play a key role in Premier Farnell's strategy to increase its focus on the global electronic design engineering segment.
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In a release, Premier said it would focus on tailoring its business to the local culture, and not assume a cookie cutter approach to internationalizing the business."
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In China, Premier will offer a fully transactional Web site and catalogue in the ...
Top Distributor Sectors
Pro-Build Subsidiary Buys Riverside Roof Truss
US Components, Morristown, NJ, a truss and wall panel supplier and subsidiary of Pro-Build Holdings, has acquired Riverside Roof Truss, Home Channel News reported.
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Riverside Roof Truss, Danville, VA, is a high-volume maker of floor and roof trusses for Virginia and North Carolina area builders.
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HCN says that the addition of Riverside expands US Components' reach from New York to South Carolina.
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According to Pro-Build, US Components will look to continue its expansion through acquisitions as well as start-up operations. Eventually, US components will provide truss and wall panel products to all of Pro-Build's building supply locations, HCN reported.
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US Components operates six truss plants in the East and Northeast. Pro-Build ...
Top Distributor Sectors
MSC Industrial Reports Softening in 2Q
MSC Industrial Direct Inc., Melville, NY, distributor of MRO supplies to industrial customers, reported sales of $404.6 million in the second quarter 2007, an increase of 32.3% from the same period last year. J & L Industry Supply, acquired in 2006, accounted for 70% of this growth.


Growth minus the J & L acquisition was 9% in the second quarter, according to MDM calculations.
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Profit for the second quarter 2007 increased 21.5% to $40.5 million.
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Sales in the first half of fiscal 2007 were $806.6 million, an increase of 34% versus a year ago, with J & L accounting for 70% of this growth. Growth minus J & L was about 10% in the first half.&nbsp ; Profit for the first half of fiscal 2007 was $80.8 million, compared to $65.3 million in the ...

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