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Breaking news in Wholesale Distribution
Sandvik has added Sphinx Tools, which has customers primarily within the automotive, aerospace and medical segments.
Year-to-date orders ended June up 13%, however, and officials expect the market to receive an annual boost from the September IMTS show.
Dana Duckworth joins the distribution supply chain and procurement services provider.
Wichita-based MEM Industrial is Kansas’ largest U.S. motor stocking distributor.
Industry veteran Scott Shimel has joined the Tulsa, Oklahoma-based metalworking and MROP supplies distributor.
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Kristen Abbas joins the group to head the management, implementation, innovation and expansion of AD's meeting and network ecosystem.
It was a notable acceleration from the building products distributor's 1Q growth, achieving company records in sales, profit and profit margin.
A month-to-month acceleration in daily sales bodes well for fellow industrial distributors large and small.
Major distributors and manufacturers continue to raise their full-year outlook after better-than-expected 2Q results and persistent demand.
