Palmer-Donavin CEO: Inventory is King
Palmer-Donavin’s Robyn Pollina talks about the importance of supplier relationships in the face of unprecedented demand for the company’s building products.
Operations
Read These First
Adobe and FedEx Team Up on E-Commerce Ecosystem
Working with FedEx and FedEx’s ShopRunner, Adobe is building out an e-commerce sales and distribution ecosystem tapping into FedEx’s network.
Latest
For the first six months, Weyerhaeuser reported sales of $5.7 billion, up 68.2% over the same period a year ago.
The agreement will blend Digital Forge into Würth Additive Group’s additive manufacturing solutions on a global scale.
Industrial distributor’s sales for the first six months increased 7.8% from the same period of 2020.
Illinois Tool Works also reported second-quarter net income of $775 million versus $319 million a year ago.
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.
Fortive posted a second-quarter profit of close to $181 million compared to $130 million in the same quarter a year ago.
The pipes, valves and fittings distributor saw sales improve and significantly narrowed its loss in the period.
Building materials distributor will open a location in Beltsville, Maryland, its eighth in the DC/Baltimore area.
Net product sales for Amazon totaled $58 billion in the quarter, up 15.4% from the year-ago period.
For the first six months of 2021, sales at the Chicago-based MRO distributor Lawson Products improved 28.8%.
MDM Update
Our daily newsletter is your best source for news and trends in the wholesale distribution industry
What We're Reading
Premium Access
Investment Banking Directory
The MDM Investment Banks in Distribution directory is a listing of firms with expertise in the wholesale distribution industry.
