No MDM Update Newsletter Monday
We’re off Monday in observance of Presidents’ Day in the U.S., so Update will be back in action Tuesday morning.
No MDM Update Newsletter Monday Read More »
News
U.S. Manufacturing Technology Orders End 2023 on High Note
The Association for Manufacturing Technology said December’s figures outpoerformed “even the best of expectations.”
U.S. Manufacturing Technology Orders End 2023 on High Note Read More »
Fed Data Shows Weak January for U.S. Factory Activity
The year started with a slight deceleration in industrial production following a flat December.
Fed Data Shows Weak January for U.S. Factory Activity Read More »
Rexel 4Q N.A. Sales Outpeform Group Decline
North American full-year sales reached nearly $8.9 billion for a 4.0% annual gain. See our in-depth breakdown of Rexel’s financials.
Rexel 4Q N.A. Sales Outpeform Group Decline Read More »
Motion 4Q Sales Accelerate as GPC Announces Restructuring Actions
The restructuring includes a voluntary retirement offer and “rationalization and optimization” of certain DCs, stores and other facilities.
Motion 4Q Sales Accelerate as GPC Announces Restructuring Actions Read More »
DNOW Continues Modest Sales Growth as Profit Soars
Overall 4Q and full year profit spiked on a deferred tax benefit, while sales continued low single-digit annual growth.
DNOW Continues Modest Sales Growth as Profit Soars Read More »
Henkel to Acquire Seal for Life Industries
Boosting Henkel’s MRO offerings, Houston-based Seal for Life has about 650 employees and generated $269 million in 2023 revenue.
Henkel to Acquire Seal for Life Industries Read More »
Verusen Joins AWS Software Vendor Accelerate Program
The program directly connects manufacturing customers with Verusen via the AWS Partner Network and Sales organizations.
Verusen Joins AWS Software Vendor Accelerate Program Read More »
ADI Global Posts Flat 4Q & 2023 Revenue as Margins Slip
Meanwhile, gross margin at Resideo’s manufacturing business unit saw solid improvement during 4Q23.
ADI Global Posts Flat 4Q & 2023 Revenue as Margins Slip Read More »
MRC Global Sees Steep Annual, Sequential 4Q Sales Declines
However, lower volume driven by deferred activity in the gas utilities sector didn’t stop the company from modest full-year growth.
MRC Global Sees Steep Annual, Sequential 4Q Sales Declines Read More »
January U.S. Consumer Inflation Up 3.1% YoY
Though it repeated December’s monthly figure, the overall CPI topped economics’ expectations.
January U.S. Consumer Inflation Up 3.1% YoY Read More »
Watsco Reports Sales Growth Despite Soft HVAC Market
Watsco’s 2023 follows two years of record-setting performances and faces softer comparative market conditions.
Watsco Reports Sales Growth Despite Soft HVAC Market Read More »
Wesco 2023 Sales Topped $22B Despite 4Q Decline
While 4Q volume fell in certain verticals, Wesco said it saw growth in industrial, utility, data center and network infrastructure.
Wesco 2023 Sales Topped $22B Despite 4Q Decline Read More »
B&D Industrial Acquires American Gear & Engineering
In a step toward vertical integration, independent industrial distributor B&D Industrial acquired a Michigan-based gear manufacturer.
B&D Industrial Acquires American Gear & Engineering Read More »
DXP Acquires Kappe Associates
It further expands DXP’s offering and capabilities in the water and wastewater markets.
DXP Acquires Kappe Associates Read More »
DNOW to Acquire Valves & Automation Distributor Whitco Supply
Whitco has about 30 employees across eight locations in Louisiana, Texas, New Mexico, Ohio and Pennsylvania.
DNOW to Acquire Valves & Automation Distributor Whitco Supply Read More »
WALTER Appoints New Safety Sales Director
Company veteran Jean-Marie Maayoufi now leads sales efforts for WALTER’s Allegro Industries brand.
WALTER Appoints New Safety Sales Director Read More »
Trystar Acquires Manufacturers in Wisconsin & Quebec
The portable and power products maker has added Macromatic Industrial Controls (Waukesha, WI) and Primax Technologies (Point-Claire, Quebec).
Trystar Acquires Manufacturers in Wisconsin & Quebec Read More »
2023 North American Robot Orders Down 30% from 2022
A report from A3 shows that annual 2023 sales were near equal for automotive and non-automotive industries.
2023 North American Robot Orders Down 30% from 2022 Read More »
Timmons Named Vallen’s Finance Leader
Sonia Timmons has been with Vallen since 2007, with the past 5 years as its VP of Financial Planning Analysis.
Timmons Named Vallen’s Finance Leader Read More »
