Danaher Appoints Rainer Blair As President, CEO
As part of the company’s previously disclosed succession plan, Blair is replacing retiring CEO Thomas P. Joyce Jr.
Danaher Appoints Rainer Blair As President, CEO Read More »
News
Ingersoll Rand Acquires Pump Manufacturer Albin Pump
Addition further builds Ingersoll Rand’s technological expertise in peristaltic pumps within the company’s portfolio
Ingersoll Rand Acquires Pump Manufacturer Albin Pump Read More »
Myers Industries Announces Three Leadership Appointments
Plastics industry executives to focus on driving accelerated sales growth, increased profitability, and M&A integration.
Myers Industries Announces Three Leadership Appointments Read More »
AD, SafetyNetwork Finalize Merger, Creating AD Safety Network Division
The newly formed AD Safety Network Division will be headed by Marisol Fernandez, who also is president of the buying group’s Industrial and Safety-U.S. Division.
AD, SafetyNetwork Finalize Merger, Creating AD Safety Network Division Read More »
American Welding & Gas Acquires Bestway Welding Supply
Matrix Capital Markets Group has sold Houston-based Medical Gas Supply LLC, d/b/a Bestway Welding Supply, to American Welding & Gas Inc., an independently owned producer and distributor of industrial, medical and specialty gases.
American Welding & Gas Acquires Bestway Welding Supply Read More »
Manufacturing Sector Expanded in August
The August PMI registered 56%, an increase of 1.8% from the July reading of 54.2%— and the fourth consecutive month of expansion.
Manufacturing Sector Expanded in August Read More »
July Construction Spending Flat
The July figure is 0.1% above the revised June estimate and 0.1% below the July 2019 figure; year to date, construction spending is up 4%.
July Construction Spending Flat Read More »
Lawson Products Acquires Partsmaster
MRO distributor Lawson Products pulls the trigger on its largest acquisition in five years with the addition of Texas-based Partsmaster.
Lawson Products Acquires Partsmaster Read More »
CD&R to Acquire Epicor from KKR for $4.7 Billion
Following recent purchase of HD Supply Holdings’ White Cap division, private equity firm CD&R makes second big play in distribution with addition of major ERP provider.
CD&R to Acquire Epicor from KKR for $4.7 Billion Read More »
MSC Industrial Supply Appoints CFO
MRO distributor MSC Industrial Supply Co. named Kristen Actis-Grande to executive vice president and CFO.Â
MSC Industrial Supply Appoints CFO Read More »
Census Bureau Releases Two Advance Economic Indicators for July
The U.S. Census Bureau on Friday released advance indicators showing that the international trade deficit increased and that wholesale inventories dipped in July.
Census Bureau Releases Two Advance Economic Indicators for July Read More »
Crawford Hires Industrial Sales and Business Development Leader
Richard Landry named to key sales position at Sonepar-owned electrical distributor.
Crawford Hires Industrial Sales and Business Development Leader Read More »
TricorBraun to Acquire Price Container and Packaging
Packaging products supplier TricorBraun has agreed to acquire Price Container and Packaging, a rigid packaging distributor serving primarily the industrial and food markets.
TricorBraun to Acquire Price Container and Packaging Read More »
HARDI Distributors Report 8.4% Revenue Increase in July
HARDI members also report Days Sales Outstanding (DSO) — a measure of how quickly customers pay their bills — hit a record low of 39 days during the month.
HARDI Distributors Report 8.4% Revenue Increase in July Read More »
Real U.S. GDP Down 31.7% in 2Q According to ‘Second’ Estimate
The decrease in real GDP reflected decreases in PCE, exports, nonresidential fixed investment, private inventory investment, residential fixed investment, and state and local government spending that were partly offset by an increase in federal government spending.
Real U.S. GDP Down 31.7% in 2Q According to ‘Second’ Estimate Read More »
AD Announces New Leadership in Electrical-U.S. Division
David Kinsella becomes president of Electrical–U.S. Division and Electrical-U.S. Supplier VP John Kudlacek plans to retire.
AD Announces New Leadership in Electrical-U.S. Division Read More »
Kaman Distribution Appoints VP of Supply Chain
Kaman Distribution Group taps former AD, Applied and Rexnord executive Robert Boyle as its VP of supply chain.
Kaman Distribution Appoints VP of Supply Chain Read More »
Builders FirstSource to Acquire BMC Stock Holdings for $2.5 Billion
Combined company will account for more than $11 billion in annual sales with expectations of annual cost synergies of $130 million to $150 million by the third year.
Builders FirstSource to Acquire BMC Stock Holdings for $2.5 Billion Read More »
Advance Report: New Orders for Durable Goods Up 11.2% in July
Increase of manufactured durable goods is third in a row following the double-digit growth in May and high-single-digit growth in June, which had been preceded by two decreases during the height of the coronavirus crisis.
Advance Report: New Orders for Durable Goods Up 11.2% in July Read More »
IRCG Pandemic Revenue Index Up 1.1%
Distributor sales continued to display strength in August beyond the normal month-ending uptick Indian River Consulting saw to close out July.
IRCG Pandemic Revenue Index Up 1.1% Read More »
