RBC Bearings Incorporated Announces Fiscal 2021 Fourth Quarter Results
Net sales for the fourth quarter of fiscal 2021 decreased 13.7% compared to the previous year.
RBC Bearings Incorporated Announces Fiscal 2021 Fourth Quarter Results Read More »
News
Kennametal Names Chowbey President of Metal Cutting
Chowbey will be a member of Kennametal’s executive leadership team and will report directly to CEO Rossi.
Kennametal Names Chowbey President of Metal Cutting Read More »
Residential Building Permits Up 60.9% Year-Over-Year in April
Privately-owned housing starts in April were up 67.3% compared to the same month a year ago, according to the latest residential construction report from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Residential Building Permits Up 60.9% Year-Over-Year in April Read More »
Sonepar USA Names Mouritzen as West Region President
Mouritzen will replace industry veteran Jon Mitchell as Sonepar USA’s West Region president.Â
Sonepar USA Names Mouritzen as West Region President Read More »
Ferguson’s Revenue Climbs 24.5% in 3Q
Ferguson posts $5.9 billion in revenue in the third quarter as the U.S. economy heats up.
Ferguson’s Revenue Climbs 24.5% in 3Q Read More »
Lowe’s First Quarter Sales Increase 24.4%
Total net sales rose 24.1% to $24.42 billion from $19.68 billion last year while comparable sales increased 25.9%
Lowe’s First Quarter Sales Increase 24.4% Read More »
Home Depot Crushes 1Q Due to ‘Unprecedented Demand’
Home Depot’s first-quarter revenues increased 32.7% from the same quarter a year ago.
Home Depot Crushes 1Q Due to ‘Unprecedented Demand’ Read More »
Bunzl Acquires New Zealand Health Care Distributor
The international distribution and services group said it has added Obex Medical Holdings to its portfolio.
Bunzl Acquires New Zealand Health Care Distributor Read More »
ISM’s Spring Report Says Economic Growth Will Continue Through 2021
ISM’s spring survey of purchasing and supply executives found that expectations are high for the remainder of the year across the manufacturing and service sectors. Â
ISM’s Spring Report Says Economic Growth Will Continue Through 2021 Read More »
Acuity Brands Snaps Up AI Accelerator Rockpile Ventures
Acuity Brands also announced on Tuesday that Peter Han, the co-founder of Rockpile Ventures, is now president of Acuity’s newly-named Intelligent Spaces Group (ISG).
Acuity Brands Snaps Up AI Accelerator Rockpile Ventures Read More »
PPG Acquires Global Coatings Manufacturer
Pittsburgh-based PPG has completed the acquisition of Wörwag, which employs 1,100 people worldwide.
PPG Acquires Global Coatings Manufacturer Read More »
U.S. Census Bureau: Manufacturing and Trade Shipments Increase in March
The U.S. Census Bureau reported that the combined value of distributive trade sales and manufacturers’ shipments and inventories for March increased 18.5% from the same month in 2020.
U.S. Census Bureau: Manufacturing and Trade Shipments Increase in March Read More »
Industrial Production Up 0.7% in March
According to the Industrial Production and Capacity Utilization Report, manufacturing output increased 0.4% during the month.
Industrial Production Up 0.7% in March Read More »
Amazon to Beef Up Logistics with 75,000 New Employees
Amazon is offering potential employees $100 if they’ve already been vaccinated and signing bonuses of up to $1,000.
Amazon to Beef Up Logistics with 75,000 New Employees Read More »
Alibaba Group’s 4Q Sales Increase by 64%
Despite the year-over-year increase, Alibaba Group posted a net loss in 4Q due to a $2.8 billion antitrust fine last month.
Alibaba Group’s 4Q Sales Increase by 64% Read More »
U.S. Cutting Tool Consumption Up 3.3% Â in February
Supply chain issues and rising cost of materials slow cutting tool industry’s rebound from COVID.
U.S. Cutting Tool Consumption Up 3.3%  in February Read More »
Fastener Distributor Index Slips in April on Supply Chain Constraints
The seasonally adjusted Fastener Distributor Index (FDI) for April was 58.7, down from 66 in March due to global supply chain issues.
Fastener Distributor Index Slips in April on Supply Chain Constraints Read More »
Atlas Copco Acquires U.S. Compressor Distributor
Atlas Copco’s newest asset, MidState Air Compressor, has 15 employees and covers markets in Connecticut, Rhode Island and Massachusetts.
Atlas Copco Acquires U.S. Compressor Distributor Read More »
Watsco Acquires Louisiana HVACR Distributor
Miami-based Watsco has added Acme Refrigeration, whose 2020 revenues were $60 million, to its portfolio.
Watsco Acquires Louisiana HVACR Distributor Read More »
SiteOne Landscape Notches Third Acquisition of May
SiteOne Landscape Supply, the Georgia-based distributor of landscape supplies, has added California-based distributor Rock & Black Hardscape Supply to its portfolio.
SiteOne Landscape Notches Third Acquisition of May Read More »
