Air Products’ latest executive appointment, Brian Galovich, will report to Seifi Ghasemi, the company’s chairman, president and CEO.
Air Products Appoints SVP and Chief Information Officer Read More »
The November PMI registered 57.5%, a decrease of 1.8% from the October reading of 59.3% but still marking a seventh consecutive month of expansion.
Manufacturing Sector Dips in November Read More »
The October figure also show a 1.3% improvement from the revised September estimate; year to date, construction spending is up 4.3%.
October Construction Spending Up 3.7% Year-Over-Year Read More »
Association also reports that the average annual sales growth for the 12 months through October 2020 for HARDI distributors is 3.1%.
HARDI Distributors Report 2% Revenue Increase in October Read More »
Bearings manufacturer adds company that employs approximately 220 people and expects 2020 sales to be around $30 million.
Timken Acquires Aurora Bearing Co. Read More »
Independent company, which serves Northern Virginia, Maryland and Washington, D.C., will become part of building materials giant — the soon-to-be merged BMC and Builders FirstSource.
BMC to Acquire Maryland-Based Building Materials Distributor Read More »
The U.S. Census Bureau has released advance indicators showing that the international trade deficit and wholesale inventories moved in opposite directions in October.
Census Bureau Releases Two Advance Economic Indicators for October Read More »
Increase of manufactured durable goods is the sixth in a row following growth in May, June, July, August and September — all of which had been preceded by two decreases during the height of the coronavirus crisis.
Advance Report: New Orders for Durable Goods Up 1.3% in October Read More »
Paints, coatings and specialty materials supplier PPG, Pittsburgh, Pennsylvania, on Monday announced that it has agreed to acquire Ennis-Flint, a Greensboro, North Carolina-based manufacturer of coatings, for $1.2 billion.
PPG to Acquire Coatings Manufacturer Ennis-Flint Read More »
The increase in real GDP reflected increases in PCE, private inventory investment, exports, nonresidential fixed investment, and residential fixed investment that were partly offset by decreases in federal government spending.
Real U.S. GDP Up 33.1% in 3Q According to ‘Second’ Estimate Read More »
Swiss fastener distributor The Bossard Group has invested a 40% stake in the startup company MultiMaterial-Welding AG, Stansstad, Switzerland.
The Bossard Group Invests in Welding Business Read More »
Emerson says acquisition will help the company’s customers “further their sustainability goals through better air management.”
Emerson Completes Acquisition of 7AC Technologies Read More »
Gallagher, who has been with Avnet for 37 years, had been serving as interim CEO since August
Avnet Names Phil Gallagher CEO Read More »
Latest Chicago Fed National Activity Index (CFNAI) shows that three of four broad categories of indicators used to construct the index made positive contributions in October, and three of the four categories increased from September.
Chicago Fed National Activity Index Improves to +0.83 in October Read More »
Industrial distributor appoints Mark Pickett to newly created role for “leading and driving a consistent brand experience for customers across all of MSC’s platforms and channels.”
MSC Industrial Supply Names VP for Cross-Channel Growth Read More »
PE-backed PPE manufacturer Protective Industrial Products Inc. has bought Primax Manufacturing & Trading Inc., a maker of safety gloves and other protective clothing.
Protective Industrial Products Adds Bolt-On PPE Supplier Read More »
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Nov. 9 to Nov. 13 indicated an 2.2% decrease — but will more lockdowns further drag revenues in the coming weeks?
Pandemic Revenue Index Slips 2.2% Read More »
Building materials distributor Beacon Roofing Supply also reported that fourth-quarter revenue of $2 billion marked a 0.6% decline from the same period in 2019.
Beacon Roofing Supply Sales Down 2.3% in Fiscal 2020 Read More »
Joe Camara, who has been with the company since 2007, will manage the building materials distributor’s newest location.
ABC Supply Opens Location in Quincy, Mass. Read More »
Housing starts also up compared to year-ago period and the previous month, according to the latest residential construction report from the U.S. Census Bureau.
Residential Building Permits Up 2.8% in October Read More »
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