Breaking news in Wholesale Distribution
Latest report shows U.S. cutting tool consumption down 8.5% from previous month of June, while year-to-date total is down 21.2% from same period of 2019.
EPTDA — the executive association for industrial distribution distributors and manufacturers across Europe, the Middle East and Africa — this week announced the appointment of its new 2021/22 board of directors and president, effective 1 October 2020.
Distributor sales drop 12.7% for the week of Sept. 7-11 due to the Labor Day holiday falling within that time frame, according to the latest Indian River Consulting Group PRI.
The U.S. Census Bureau announced that the combined value of distributive trade sales and manufacturers’ shipments and inventories for July was down 1.2% from last year.
According to the Industrial Production and Capacity Utilization Report, manufacturing output increased 1% during the month; industrial production was still 7.3% below its pre-pandemic February level.
Industrial distributor The NEFCO Corp. announced the opening of a new location in Syracuse, New York, to further support and service the professional contractor trades in Central New York