The Leading Source for Industrial Distribution News
Boeing Grounds 787 Test Fleet
November 11, 2010 3:54 am | by David Koenig, AP Airlines Writer | News | CommentsDALLAS (AP) — Boeing grounded its test fleet of new 787 passenger jets on Wednesday while it investigates an electrical fire that forced one of the planes to make an emergency landing. On Tuesday, a 787 on a 6-hour test flight had to make an emergency landing in Texas after the crew reported smoke in the rear of the plane.
GM Dumps Mr. Goodwrench After 37 Years
November 10, 2010 5:55 am | News | CommentsDETROIT (AP) — General Motors is asking Mr. Goodwrench to pack up his toolbox. The mechanic who served as the symbol of GM's dealer service brand for 37 years will be scrapped as of Feb. 1 in favor of "certified service" brands for each of GM's remaining four remaining nameplates, the company said Tuesday.
WIX Filters Launches New Industrial Filtration Product Line
November 10, 2010 5:45 am | News | CommentsGASTONIA ,N.C. -- WIX® Filters, a member of the Affinia Group family of brands, has launched a new industrial filtration product line consisting of more than of 8,000 part numbers for critical hydraulic and fluid power system applications found in manufacturing environments including power generation, mining, foundries, pulp/paper, and more.
RBC Bearings Sees 30-Percent Sales Increase In 2Q
November 10, 2010 5:34 am | News | CommentsOXFORD, Conn. -- RBC Bearings Incorporated, a leading international manufacturer of highly-engineered precision plain, roller and ball bearings for the industrial, defense and aerospace industries, today reported results for the second quarter ended October 2, 2010. Our second quarter results reflect continued improvements in our markets and demonstrate the strength of our operations and the leverage built into our cost base," said Dr.
MSC Industrial Direct Buys Rutland Tool & Supply For $11M
November 10, 2010 5:32 am | News | CommentsMELVILLE, N.Y -- MSC Industrial Direct Co., one of the largest direct marketers and premier distributors of Metalworking and Maintenance, Repair and Operations supplies to industrial customers throughout the United States recently announced that it has signed a definitive agreement to acquire the assets of Rutland Tool & Supply Co.
Wesco Subsidiary Carlton-Bates To Expand Into Indianapolis Market
November 10, 2010 5:30 am | News | CommentsLITTLE ROCK, Ark. -- Carlton-Bates, a subsidiary of WESCO Distribution, Inc. and leader in the industrial distribution market, is pleased to announce the expansion of its field sales force into the Indianapolis market. Kimberly Cherry will lead the new operation as the new market field sales representative.
Wholesale Inventories, Sales Rise Again
November 10, 2010 5:29 am | by Martin Crutsinger, AP Economics Writer | News | CommentsWASHINGTON (AP) — Inventories held at the wholesale level rose for a ninth consecutive month in September while sales rose for a third month, encouraging signs that the economic expansion will continue. Wholesale inventories rose 1.5 percent in September, a much bigger gain than had been expected, after a 1.
Jobless Rate Falls To 4-Month Low
November 10, 2010 5:28 am | by Christopher S. Rugaber, AP Economics Writer | News | CommentsWASHINGTON (AP) — Fewer people applied for unemployment aid last week, the third drop in four weeks and evidence that the job market is showing signs of life. If the decline continues, it could signal more hiring in the near future. The report comes after the Labor Department said last week that private employers added the most jobs in six months in October.
Works With A Push Of The Thumb
November 5, 2010 12:18 pm | Product Releases | CommentsApex Tool Group (Sparks, MD) offers the Crescent® brand RapidSlide™ adjustable wrench. Designed to work with just a push of your thumb, the slide control in the handle provides smooth, fast, and accurate jaw adjustment. The polished jaws open wide for maximum versatility, and precise laser-etched indicator markings show jaw position for both SAE and metric-sized fasteners.
Tools For Composite Machining Needs
November 5, 2010 11:48 am | Product Releases | CommentsPrecision Dormer (Crystal Lake, IL) has worked to develop a variety of tooling solutions for a wide range of composite machining needs. Typical clients include not just leading manufacturers of commercial aircraft but also companies involved in the construction of luxury yachts and production of satellites.
High-Power LED Lighting
November 5, 2010 11:46 am | Product Releases | CommentsCliplight Manufacturing (Toronto, ON) offers a professional portable worklight designed to provide 50,000 hours of outstanding halo-free LED illumination. The HEMIPRO™ High Power worklight is designed to enhance workplace safety and precision when undertaking inspection and maintenance tasks.
An In-Plant 'Tiiger'
November 5, 2010 9:22 am | Product Releases | CommentsThe universal dolly, designed to carry both pad- and pole-mounted transformers, from Tiiger, Inc. (Mt. Juliet, TN) uses a unique three-wheel design to provide a stable load platform that can be easily repositioned for loading and unloading. The high-yield steel construction and low-pressure turf tires allow the system to carry transformers up to 1,000 pounds.
Keep Up With The Vigilante Consumer
November 5, 2010 9:05 am | by Patricia Fripp | Articles | CommentsThe number of customers is dwindling, which is why customer service is today's competitive advantage. If we don’t have masses of potential customers, we better keep the ones we do have happy -- even ecstatic. Some facts: If you increase customer retention by just 5 percent, your profits will increase 100 percent.
The Advancement Of Air
November 5, 2010 8:54 am | by Dan Leiss, President, Jenny Products, Inc. | Articles | CommentsDuring one episode of the sitcom Seinfeld , George Costanza made a profound observation about a product that had not seen any developments in his lifetime. “Everything else has changed. But toilet paper is exactly the same...It’s just paper on a roll. And that’s all it will ever be.
Employers Add About 151,000 Jobs Last Month, Most Since May
November 5, 2010 4:22 am | by Christopher S. Rugaber, AP Economics Writer | News | CommentsWASHINGTON (AP) — Employers added the most jobs in five months in October, with the education and health care sectors leading the way. But the unemployment rate, measured by a separate survey of households, remained stuck at 9.6 percent for the third straight month. The Labor Department said Friday its survey of employers showed a net gain of 151,000 jobs last month, the most since May.
Frozen Seafood Distributor Selects SYSPRO ERP To Run Its Operations
November 4, 2010 12:40 pm | News | CommentsCOSTA MESA, CA -- SYSPRO, a leading provider of visionary, pragmatic ERP software, recently announcedthat Seafresh Trading, Inc., a frozen seafood importing and distribution company based in San Gabriel, Calif., has chosen SYSPRO ERP (Enterprise Resource Planning) software to run the company’s operations.
Supplier Goodrich Corp. Gets $300M Contract From Lockheed Martin
November 4, 2010 5:02 am | News | CommentsCHARLOTTE, N.C. (AP) — Aerospace supplier Goodrich Corp. said Wednesday it received a contract from Lockheed Martin to supply pylons for a program to improve U.S. Air Force military transport aircraft. The $300 million contract is a follow-on to an earlier agreement between Goodrich and Lockheed Martin to provide pylons and nacelles for three test aircraft and nine airplanes in the initial phase of the U.
After Two Straight Weeks Of Decline, Unemployment Rises
November 4, 2010 5:00 am | News | CommentsMore people applied for unemployment benefits last week, after two straight weeks of declines. New jobless benefit claims had fallen in four of the previous five weeks, raising hopes the job market was improving. But last week's increase to 457,000 returns claims to the level they have remained at all year.
The Oil Spill Absorbent Market
November 3, 2010 7:55 am | by American Products Enterprises Corp | White PapersThe “Oil Absorbent” market is comprised of solely conventional products that perform at maximum to second?rate levels. Products like Polypropylene made from a poly plastic and air, shaped into absorbent pads, spill kits, containment socks and roll pads are the most highly priced absorbents and are most commonly used.
Interline Brands Buys CleanSource For $60M
November 3, 2010 5:21 am | News | CommentsJACKSONVILLE, Fla. -- Interline Brands, Inc., a leading distributor and direct marketer of maintenance, repair and operations products, announced today that it has acquired substantially all of the assets of CleanSource, Inc, a distributor of janitorial and sanitation supplies, for $60.1 million, comprised of $54.
