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DXP Enterprises Continues Forward In Acquisition Mode
May 22, 2013 9:30 am | by Jack Keough, Contributing Editor, Industrial Distribution | Blogs | Comments
Jack Keough takes a closer look at DXP Enterprises and their acquisition outlook in the coming year. The Houston-based MRO distribution giant is continuing to make acquisitions and expects to make a total of three this year, after completing nine total acquisitions in 2012.
U.S. New Home Sales Up 2.3%, Highest Prices On Record
May 23, 2013 10:17 am | by Martin Crutsinger, AP Economics Writer | News | Comments
Both January and April had the fastest sales rates since July 2008. The median price of a home...
Airgas Names Broadus New Division President In South
May 22, 2013 5:04 pm | by Airgas, Inc. | News | Comments
Broadus will be succeeding Mike Rohde who is retiring after nearly 15 years of dedicated...
Industry Support Swells For NAED Education & Research
May 22, 2013 5:01 pm | by NAED Education & Research Foundation | News | Comments
For more than 40 years, the Foundation has provided members with the latest industry information...
Insite Software Earns Supply & Demand Chain Executive 100 Honors
May 22, 2013 5:11 pm | News | CommentsThe 2013 Supply & Demand Chain Executive 100 spotlights successful and innovative transformation projects that deliver bottom-line value to small, medium and large enterprises across the range of supply chain functions that industry professionals face today.
Unvented Class E Safety Helmet
May 22, 2013 4:58 pm | by Gateway Safety | Product Releases | CommentsSerpent comes in 11 shell colors, including Hi-Viz Orange and Hi-Viz Limon (somewhere right in between lemon and lime; shown at right), both independently tested to the ANSI standard for high visibility.
Disston Introduces Wood Boring Bits
May 22, 2013 4:51 pm | by Disston Tools | Product Releases | CommentsThe expansion of Disston’s product line—with both Blu-Mol and Blu-Mol Xtreme branded product--includes black oxide, titanium, cobalt, power bores, glass & tile, masonry, spade bits, and countersinks and drill/countersinks.
National Oilwell Varco Doubles Dividend
May 22, 2013 9:47 am | by National Oilwell Varco, Inc. | News | CommentsPete Miller, Chairman and CEO of National Oilwell Varco, remarked, "This dividend increase reflects the Company's strong financial condition and our confidence in our business going forward. We are pleased that our continued execution and strong cash flow enable us to provide a significantly higher dividend directly to our stockholders."
PTDA Welcomes Ten New Members
May 22, 2013 9:43 am | by PTDA | News | CommentsThe Power Transmission Distributors Association (PTDA), the preeminent association for the industrial power transmission/motion control (PT/MC) distribution channel, has welcomed 10 new members year-to-date. The new members includes three distributors, five manufacturers, one MRO service provider, and one ERP integration services provider.
Rexnord Fiscal Year Sales Increase 3%
May 22, 2013 9:37 am | by Rexnord | News | CommentsNet sales were $2.005 billion for fiscal year 2013, an increase of 3% from the prior year (+4% acquisitions/divestitures, -1% impact of foreign currency translation, flat core sales). Income from operations increased 4% year-over-year to $255 million or 12.7% of sales.
Retaining Ring Pliers
May 22, 2013 9:21 am | by KNIPEX | Product Releases | CommentsDesigned with high-quality materials, the broad offering of KNIPEX Retaining Ring Pliers fits internal and external circlips for a variety of applications.
BoltHold Anchors Withstand Up To 2500 Lbs.
May 22, 2013 9:18 am | by Asphalt Anchors Group | Product Releases | CommentsBoltHold Anchors permit the removal of structures or equipment mounted on them and are flush to the ground, posing no threats to pedestrians.
Infinity Series Mining Air Winch
May 21, 2013 10:00 am | by Ingersoll Rand | Product Releases | CommentsThe new FA2i Infinity Series mining air winch has a rated capacity of 4,400 pounds (2,000 kg) with a 4,400-pound top layer rated line pull.
Tough New Electric Rider Lift Truck Series
May 21, 2013 9:56 am | Product Releases | CommentsThe upgraded 8,000 to 12,000 lbs. capacity lift truck series features new enhancements to deliver better performance, reliability and durability in electric lift truck applications, says the company . . .
Kahn Tools: An All-American Endeavor
May 21, 2013 9:50 am | by Abbigail Kriebs, Associate Editor | Articles | CommentsKahn Tools is a new industrial supply company that exclusively sells American made products, founded by industry veteran Mark Kahn. Mark was the former president of Production Tool Supply for over 30 years. He has returned from retirement to create Kahn Tools, launching their eCommerce site on May 6th of this year.
Airgas Introduces SmartTag Gas Monitoring System
May 21, 2013 9:41 am | News | CommentsSmartTag is the industry’s first visual identification system for managing cylinder gas expiration. Used primarily for EPA Protocol gas cylinders, Airgas SmartTag is a small, microprocessor-controlled Radio Frequency Identification (RFID) collar that fits around the neck of a gas cylinder and provides instant, on-site access to cylinder contents data.
DXP Acquires Tucker Tool Company
May 21, 2013 9:38 am | by DXP Enterprises | News | CommentsFounded in 1979, Tucker Tool is headquartered in Mechanicsburg, Pennsylvania and operates out of a single location. Tucker Tool is focused on serving customers in the chemical, oil & natural gas, power generation, general engineering and transportation markets with approximately 10 employees.
Lyon Workspace Products Sold To Equity Partnership
May 21, 2013 9:37 am | by Jack Keough, Contributing Editor, Industrial Distribution | News | CommentsLyon Workspace Products, formerly Lyon Metallic and then Lyon Metal, began as a manufacturer of sheet metal products . Now, Lyon is considered a “leading manufacturer and supplier of top quality lockers, industrial storage and workspace products,” according to its website. The acquisition is good news for the nearly 450 workers at Lyon Workspace.
Grainger: Technical Education A Continued Priority
May 20, 2013 9:51 am | Articles | CommentsAs the required skill set for advanced manufacturing continues to evolve, many resources emerge to address workforce development needs in the industry. James Ryan, CEO of industrial distribution leader, Grainger, discusses the ways in which technical education has been a continued priority for his business — and why the skilled trades have more to offer than many people realize.
NAHAD & U.S. Commercial Service Sign Strategic Partnership
May 20, 2013 9:40 am | by NAHAD | News | CommentsTheir combined network of worldwide offices will work together on marketing, education programs and events leveraging both entities’ expertise to help make U.S. businesses—and particularly small and medium-sized firms—more export savvy. Joint activities may include building awareness through outreach at trade shows, direct mail campaigns and online registration for resource support.
Alcoa Cuts 500 Jobs In Canada
May 20, 2013 9:38 am | by Alcoa | News | CommentsAluminum smelter and parts-maker says it will close down two production lines at a plant in Canada and cut about 500 jobs there because of lower aluminum prices. Alcoa has seen strong demand for aluminum, but prices have fallen. Those lower prices were a factor when Alcoa reported lower-than-expected first-quarter revenue last month.
VOC-Free Liquid Flux
May 20, 2013 9:37 am | by AIM | Product Releases | CommentsNC277 provides a broad activation range, proving to be an excellent flux for a variety of process parameters and applications, including lead-free wave soldering with tin-silver-copper, tin-silver, tin-copper, and other alloys.
Belt Drive Actuators From Misumi
May 20, 2013 9:34 am | by Misumi | Product Releases | CommentsDesigned to optimize performance and reliability at a modest cost, the MSA Series Actuators can be configured to carry loads up to 227 kg (500 lbs), with travel speeds ranging from 1200 to 10,000 mm/sec, and standard lengths up to 6.25 meters.
Univar Acquires Mexico Distributor Quimicompuestos
May 17, 2013 12:56 pm | by Univar, Inc. | News | CommentsQuimicompuestos is a leading chemical distributor in Mexico. The company has strong relationships with over 50 key suppliers, and delivers over 100 products to more than 4,500 customers in 25 diverse end markets. The company is well positioned in Mexico, with a nationwide distribution network and strong expertise in high growth industries.
