The 2020 Mid-Year Economic Update_long

Breaking news in Wholesale Distribution


3M Announces New Leadership Appointment

Jeffrey R. Lavers has been appointed executive vice president, Consumer Business Group, replacing Paul Keel.


Avnet Appoints Interim CEO

Electronics distributor Avnet names Phil Gallagher as interim replacement for outgoing CEO Bill Amelio and also announces preliminary fourth-quarter financial results.

Research & Analytics

HARDI Distributors Report 24.3% Revenue Jump in June

Heating, Air-conditioning & Refrigeration Distributors International’s monthly TRENDS report shows a huge spike in HVAC distributors’ revenue, marking a “solid start for the cooling season,” says HARDI analyst Brian Loftus.

Curbell Plastics
Sales & Marketing

Nationwide Plastics Dallas Rebrands as Curbell Plastics Arlington

Nationwide Plastics Inc., a division of Curbell Plastics Inc. since its acquisition last August, on Monday announced it has rebranded as Curbell Plastics Arlington. 

Affiliated Distributors

AD Member Sales Decline 6% in First Half of 2020

Buying group AD, however, grew its rebate distributions 1% despite the softness of the market due to the COVID-19 pandemic.

Motion Industries

Motion Industries Acquires Two Companies

Motion Industries, a subsidiary of Genuine Parts Co., announced Monday it has acquired Canada-based TRC Hydraulics and California-based F&L Industrial Solutions.

Heritage Landscape Supply Group

Heritage Landscape Acquires Stone Center of Indiana

Heritage Landscape Supply Group, a subsidiary of SRS Distribution, adds Stone Center’s two locations to its portfolio.

Lawson Products homepage

Lawson Products Reports Second Quarter Results

CEO Michael DeCata reports the company is positioned for solid future growth, including acquisitions.

SANTA CLARA,CA/USA - FEBRUARY 1, 2014: Amazon building in Santa Clara, California. Amazon is an American international electronic commerce company. It is the world's largest online retailer.

Amazon Sees Net Sales Increase 40% in ‘Highly Unusual Quarter’

The company’s second quarter financial results report $5.2 billion in net income.

Economic Trends

IRCG Weekly Pandemic Revenue Index Shows 7.6% Decrease

IRCG's weekly comparison of distribution business to previous year's data reflects 'unnerving sense of stability.'

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