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Global Manufacturers Lack Supply Chain Visibility Beyond Tier 1 Suppliers

May 22, 2013 4:30 pm | by KPMG, LLP | Articles | Comments

Only nine percent of the 335 global respondents of the 2013 KPMG 2013 survey say they have complete visibility of their supply chains. That number is even lower among U.S. executives, with only seven percent claiming complete visibility.

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Wajax Industrial Components Relocates Three Branches

May 24, 2013 10:11 am | by Wajax Industrial Components | News | Comments

The Wajax Industrial Components Bathurst, NB branch located at 2030 St. Peter Avenue will be moving into the Ace Hydraulic facility (acquired by Wajax Industrial Components) in Bathurst at 955 Riordon Drive. The telephone number of the former branch will remain active, but the Ace Hydraulic fax number will be used going forward.

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ASG Announces Strategic Partnership With Fiam Air Tools

May 24, 2013 10:05 am | by ASG | News | Comments

The collaboration between ASG and Fiam brings together the strengths of two global market leaders with long histories serving the assembly industry. With more than 100 years of combined experience, ASG and Fiam both offer unparalleled industry expertise in product design and manufacturing, systems engineering, custom solutions and customer support.

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Columbus McKinnon Sales Down, Operating Margin Increases

May 24, 2013 10:02 am | by Columbus McKinnon Corporation | News | Comments

Net sales for the fourth quarter of fiscal 2013 were $144.6 million, down $15.0 million, or 9.4%, from the prior-year period. U.S. sales, which comprised 59% of total sales, were down by $5.3 million, or 5.8%, to $85.3 million compared with $90.6 million for the fourth quarter of fiscal 2012.

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Flexible Cotton Fiber Finishing Wheels

May 24, 2013 10:00 am | by Rex-Cut Abrasives | Product Releases | Comments

Rex-Cut Type 27 Max Flex Cotton Fiber Wheels are flexible for blending and finishing flat and contoured surfaces in one step and do not need a back up pad.

GAM Gear Introduces 2013 GAM Catalog

May 24, 2013 9:55 am | by GAM Gear | Product Releases | Comments

For the first time ever, all of GAM’s product groups can be found in a single 102 page comprehensive catalog.  An easy to use product selection guide helps users find the right product based on technical specification, configuration, or feature.

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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 sold in April was $271,600, the highest level on government records going back to 1993. The April price was 8.3 percent higher than in March and 13.1 percent higher than a year ago.

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Insite Software Earns Supply & Demand Chain Executive 100 Honors

May 22, 2013 5:11 pm | News | Comments

The 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.

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Unvented Class E Safety Helmet

May 22, 2013 4:58 pm | by Gateway Safety | Product Releases | Comments

Serpent 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.

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Disston Introduces Wood Boring Bits

May 22, 2013 4:51 pm | by Disston Tools | Product Releases | Comments

The 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.

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National Oilwell Varco Doubles Dividend

May 22, 2013 9:47 am | by National Oilwell Varco, Inc. | News | Comments

Pete 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."

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PTDA Welcomes Ten New Members

May 22, 2013 9:43 am | by PTDA | News | Comments

The 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 | Comments

Net 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.

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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.

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Retaining Ring Pliers

May 22, 2013 9:21 am | by KNIPEX | Product Releases | Comments

Designed 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 | Comments

BoltHold Anchors permit the removal of structures or equipment mounted on them and are flush to the ground, posing no threats to pedestrians.

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Infinity Series Mining Air Winch

May 21, 2013 10:00 am | by Ingersoll Rand | Product Releases | Comments

The 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 | Comments

The 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 . . .

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Kahn Tools: An All-American Endeavor

May 21, 2013 9:50 am | by Abbigail Kriebs, Associate Editor | Articles | Comments

Kahn 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 | Comments

SmartTag 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 | Comments

Founded 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.

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