Sherman & Reilly is a leading US manufacturer of pulling and stringing equipment for the power utility segment. The company currently employs 110 people and will join the Greenlee® family of brands alongside Greenlee®, Klauke® and Greenlee CommunicationsTM.
The Regal Beloit Corporation is reporting net sales for the first quarter 2013 were $778.2 million compared to $807.9 million for the first quarter of 2012, a decrease of 3.7 percent. Net Income for the first quarter 2013 was $50.7 million compared to $49.9 million for the first quarter of 2012.
Berkshire Hathaway has acquired from the Wertheimer family the 20% of IMC International Metalworking Companies that it does not already own, for consideration of $2.05 billion. Warren Buffet, chairman and CEO of Berkshire Hathaway, has frequently praised Iscar's managers in public for how they've run the company, according to MarketWatch.com.
I’ve actually endured several arguments over the years from peers who firmly believe that a good process is one that works in spite of people. I understand the point of view, but cannot bring myself to agree. We do all the important things and drive an understanding that for us to build better processes and prevent variation and waste we must follow the process, even if it isn’t perfect.
Jeff Dares will serves as the Branch Manager at the new location. He has worked for Wajax for more than 12 years in a variety of roles including outside sales and branch management. He has extensive experience with bearing and power transmission products and in finding technical solutions for our customers.
The reels are available in stainless or carbon steel and include a Full Circle swivel.
The new CP69 series is ideal for heavy duty industrial maintenance applications where power and tool reliability are critical.
Weiler Corporation, a leading manufacturer of power brushes, abrasives and maintenance products, recently became a Preferred Supplier of Affiliated Distributors (AD) Industrial Supply Division (ISD). AD, with over 140 distributor members, is the largest association of independently owned industrial distributors in the United States.
Based in Sydney, the businesses acquired operate from locations throughout Australia and focus on three specialist markets. Revenue of the businesses acquired in the year ended 31 December 2013 is expected to be approximately A$160 million.
It’s no surprise then that one of the biggest impediments to a healthy business is poor organizational health, which stems from poor leadership. When a culture of blame and excuses permeates a company, it can paralyze it.
Lift'n Buddy combines the vertical lifting of a small powered stacker with the convenience, versatility, and simplicity of a 2-wheel hand truck.
The super slip-resistant outsole features drainage channels that direct water and oils away from contact points under the foot, similar to a tire tread, helping to increase stability and sure-footing indoors and out.
CEO Keating: "Distribution faced a decline in organic sales which resulted in its operating profit contribution coming in below prior year." Sales increased 1.8% in the first quarter of 2013 to $257.2 million compared to $252.6 million a year ago for the distribution segment.
Quality Products, Inc., a manufacturer and distributor of aircraft ground support equipment and hydraulic press machine tools, today announced an acquisition, through a newly formed subsidiary, PPT Industrial Machines Inc..Under the terms of the purchase agreement, PPT is acquiring certain assets and liabilities of Pacific Press Technologies LLC.
Revenues for the first quarter of 2013 were $5.31 billion, a decrease of seven percent from the fourth quarter of 2012 and an increase of 23 percent from the first quarter of 2012. Operating profit for the quarter, excluding the transaction charges, was $816 million, or 15.4 percent of sales. Sequentially, first quarter operating profit decreased 14 percent, while year-over-year first quarter operating profit decreased seven percent.
NTE’s multi-conductor cable greatly improves soldering connections as well as making termination handling easier due to its extra flexible stranding.
Developed to replace traditional filter bags and cages, each pleated bag filter has a one-piece construction design which allows it to be used in new systems or as a simple retrofit in existing bag house equipment for improved system performance.
Beyond DSO: How Distributors Can Improve Customer Relations With Intelligent Accounts Receivable ManagementApril 29, 2013 9:40 am | by Mark Wilson, CEO, TermSync | Blogs | Comments
Asking customers to pay their invoices can often be an uncomfortable situation for distribution executives and their finance teams. It’s often considered a necessary evil in the business world. What many distributors may not realize is that while the end goal of these interactions is to receive payments, they are also valuable opportunities to improve your customer relationships.
The company on Friday reported net income after paying preferred dividends of $45.7 million, or 93 cents per share, down from $54.8 million, or $1.08 per share, in the same quarter of 2012. Excluding restructuring costs and other one-time items, the company said it posted an adjusted profit of $1.06 per share. Revenue fell 15 percent to $513.5 million from $604.4 million.
The 2013 full-line catalog features more than 27,000 in-stock products with free, next-day delivery available and expanded Property Improvement service offerings, including renovation, customized products, and installation services.