The 2020 Mid-Year Economic Update_long
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Grainger DC, Minooka, Illinois
Operations

Grainger’s Q2 Sales Dip 2% as MRO Market Suffers

Industrial distributor estimates that MRO market declined 14% to 15% during the quarter even as company gained share in the U.S.

ABB
Operations

ABB Sales Down 14% in 2Q

Swiss company also announces the appointment of Theodor Swedjemark, who will join the executive committee of ABB as chief communications officer.

Amazon fulfillment center
Operations

Amazon to Build Another Fulfillment Center in Texas

New 625,000 square-foot site in the city of El Paso — the second facility coming to Texas in 2021 —will create more than 700 new, full-time jobs.

Carlisle Cos
Operations

Carlisle Cos. Sales Down 22.1% in 2Q

Company’s profit for the second quarter cut in half to $75.4 million.

SKF
Operations

SKF Sales Sink 25% in 2Q

Bearing manufacturer sees sales drop 16.6% in first six months of 2020 as soft demand environment hits top-line performance.

Brady acquires Campbell Paper
Operations

Brady Acquires Campbell Paper

Addition of Fort Worth-based janitorial, packaging and office supply distributor will enhance and expand Brady’s footprint in Texas.

cloud ERP
Operations

Why a Cloud-Based ERP Has Never Been More Important

Cloud technology is here to stay, and the right ERP will help your company navigate not only the COVID-19 crisis but also whatever unknown business disruptions lurk on the horizon.

Word M AND A made with wood building blocks,stock image
mergers and acquisitions

Cook & Boardman Acquires Two Companies

These acquisitions represent the 8th and 9th acquisition by the commercial door, frames and hardware, electronic access control equipment and specialty products distributor.

Bossard US
Operations

Bossard Group 2Q Sales Drop 17.5%

Bossard reports that sales in America region were down 22.6% in the second quarter and 14.6% in the first half of 2020.

Amazon Fulfillment Center
Operations

Amazon to Build Fulfillment Center in Texas

Amazon's new 820,000 square-foot site in the city of Pflugerville will create 1,000 new, full-time jobs when the facility opens in 2021.