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Trane reported bookings of $4.4 billion in the second quarter, which was a 34% increase year-over-year.
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Posts By Mike Robuck
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AmerisourceBergen said the increase was largely driven by a 13.2% surge in the company’s Pharmaceutical Distribution Services revenue.
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SiteOne’s net income increased by 56% year-over-year to $123 million in 2Q while gross profit increased 36% to $388.2 million.
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The 17.2% average annual sales growth through June was down slightly from May, according to HARDI’s TRENDS report.
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W.W. Grainger Chairman and CEO D.G. Macpherson provided insight on how his company continues to evolve in the face of a shifting landscape.
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Second quarter Electronic Instruments Group sales were a record $934 million, up 44% compared to last year's second quarter.
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In the second quarter, Owens & Minor posted net income $65.9 million compared to a net loss of $55 million last year.
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Kennametal reported fiscal fourth-quarter net income of $35 million after reporting a loss in the same period a year ago.
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The JDS deal marked Cook & Boardman’s 13th acquisition since it was bought by Littlejohn in 2018.
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The July Manufacturing PMI registered 59.5%, down 1.1 percentage points from the June reading of 60.6%, according to the latest ISM report.
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Timken reported net income of $104.8 million in the second quarter versus net income of $61.9 million in the same quarter a year ago.
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Purchases by member companies from AD supplier partners were up 34% over the same period.
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The agreement will blend Digital Forge into Würth Additive Group’s additive manufacturing solutions on a global scale.
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AGCO’s net sales for the first six months of 2021 were $5.3 billion, an increase of 33.6% compared to the same period last year.
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Fortive posted a second-quarter profit of close to $181 million compared to $130 million in the same quarter a year ago.
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E-commerce costs too much, won't make a difference to a distributor's bottom line and isn't worth much more than brand promotion. Right? Not so fast, say SAP's David Koenig and Mirakl's Angela Troccoli.
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Building materials distributor Huttig Building Products reported second-quarter net income of $14.9 million compared to $1.6 million in 2020.
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The increase in real GDP in 2Q reflected increases in personal consumption expenditures (PCE), nonresidential fixed investment, exports, and state and local government spending, according to the Bureau of Economic Analysis.
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For the first six months of 2021, United Rentals posted a total of $4.43 billion in revenue compared to $4.06 billion over the same timeframe in last year.
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With residential construction continuing to boom in this year, Wynnchurch is getting into the construction game via Trimlite’s door products.
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