News

Breaking news in Wholesale Distribution

Canadian Manufacturing Sales Up 1.2% in December

2015 sales declined 1.5 percent, the first annual decrease since 2009.

Fourth quarter sales down 11.4 percent.

Jack Lawson, current president & CEO, to retire.

Prices will increase for liquid and bulk industrial gas products.

Manufacturer sales down 56.2 percent from December 2014 peak.

Fourth quarter sales were up 3.2 percent year-over-year.

Industrial production also down 1 percent in the EU28.

Drop in oil prices, strengthening dollar hurt demand in the last half of year.

CEO: $48 million divestiture helps MRC "reduce exposure to upstream drilling volatility."

U.S. segment sales were up 1 percent year-over-year.