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The spike in real GDP reflected larger increases in personal consumption expenditures (PCE) and nonresidential fixed investment.
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The 2019 revenue statistics in MDM's 2020 Market Leaders top distributors lists are going to serve as an important benchmark while wholesale distribution recovers from COVID-19.
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This issue of MDM Premium features our annual Market Leaders listings of the top distributors in the U.S. See the rankings in key categories, and learn how several of the ranked companies put themselves in a strong market position in 2019 that has fared them well throughout the disruption of 2020.
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Data analytics and strong digital presence contribute to Sonepar USA's success.
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Industrial marketing group AD continues to see reliable growth.
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The 2019 revenue statistics in MDM's 2020 Market Leaders top distributors lists are going to serve as an important benchmark while wholesale distribution recovers from COVID-19.
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Distributor excels in difficult environment with streamlined technology and new 3D printing capabilities.
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MDM’s new report, Markets Forecast, offers quarterly revenue projections for the wholesale distribution industry, plus breakouts for select categories, for the current calendar quarter and the next fiscal year. The inaugural Forecast looks at post-pandemic projections for distributors as a whole, plus specific sectors.
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MDM’s quarterly survey in partnership with investment banking firm Baird reveals that distributor revenues decelerated sharply in 2Q but not as bad as feared at the beginning of the pandemic shutdown. One consensus among more than 550 participants: Distributors began rethinking the way they manage talent.
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After 22 years as CEO and 38 years with the company, Derrow will transition to chairman.
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Electrical distributor makes handful of executive appointments and promotions.
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Ohio-based industrial distributor promotes Todd Karas to top marketing position.
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Paper and packaging manufacturer announced Wednesday a refinancing plan and an update on second-quarter sales.
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Latest investment from Swedish bearing and seal manufacturer will expand current Chinese plant.
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New location for electrical, HVAC and plumbing branch gives DSG larger footprint, more efficient layout.
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The industrial distributor said preliminary fiscal third-quarter sales were $835 million, which would mark a 3.6% decrease from year-ago period.
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Construction and industrial sales decreased 1.1% in the fiscal first quarter.
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The companys planned actions will deliver $160 to $170 million in annual pre-tax cost savings, with approximately $25 to $35 million of savings projected in 2020.
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The company reported daily sales up 14.8% versus a year ago based on strength in safety.
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The April figure is 3.0% above the April 2019 estimate of $1,307.1 billion.
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The MDM Investment Banks in Distribution directory is a listing of firms with expertise in the wholesale distribution industry.
