Second Estimate: Real GDP Up 2.4% in Fourth Quarter
Imports, a subtraction in the calculation of GDP, increased in the quarter.
Type: News
Singer Equities Acquires Texas Rubber Supply
Singer will add resources to the Texas Rubber organization to expand operations in the region.
Advance Report: New Orders for Durable Goods Fell 1% in January
Decrease follows 5.3% fall in December.
Kaman Distribution Sales Up 5.5% in 2013
Overall Kaman Corp. sales also grew 5.5 percent.
USG, Boral Form a 50/50 Joint Venture
USG Boral Building Products will have operations in Asia, Australasia and the Middle East.
Kaman Distribution Group Agrees to Acquire B.W. Rogers
The acquisition significantly expands Kaman's footprint in both fluid power and automation.
National Oilwell Varco Names New CEO
Clay Williams has been president and CEO at NOV since December 2012.
Vanguard National Alliance Merges with supplyFORCE
The two national accounts distributor organizations will do business as supplyFORCE.
China’s Economic Reform Agenda Includes Opportunities, Challenges for Foreign Firms
MAPI Report: While panned for being vague and not innovative, agenda has better chance of being implemented than past reforms.
Industrial Market Information, MDM Welcomes Economist Bridget Strand
Addition of Strand deepens the companies' analytics and research capabilities.
Bunzl Announces Acquisitions in Czech Republic, Germany
Bunzl sales increase 14% in 2013.
Chicago Fed National Activity Index Drops in January
Decline led by production-related indicators.
MRC Global Sales Down 6.1% in 2013
MRC Global sales up 2.9% in 4Q.
3M Agrees to Buy Treo Solutions
3M to buy provider of data analytics to healthcare payers and providers.
Ace Hardware Acquires Hardlines Distributor Emery-Waterhouse
Acquisition will 'leverage wholesale purchasing power' for the hardware retailing cooperative.
Martin Agrees to Acquire J&K Sales & Engineering
The J&K operation will be combined with the existing Martin sales and distribution center in Nashville.
Barnes Group Sales Up 18% in 2013
Organic growth for the manufacturer was 4%.
U.S. Trade Deficit in Manufactures Increased 9% in 4Q
MAPI: Surge follows three relatively flat quarters.
American Tire Distributors Agrees to Buy Terry’s Tire Town Holdings
Terry's Tire Town operates 10 distribution centers and a commercial tire operation.
Myers Industries Sales Up 4.3% in 2013
Myers Industries profits drop for quarter, year.
