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NAHAD & U.S. Commercial Service Sign Strategic Partnership

May 20, 2013 9:40 am | by NAHAD | News | Comments

Their 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.

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The complete daily resource for distribution professionals

VOC-Free Liquid Flux

May 20, 2013 9:37 am | by AIM | Product Releases | Comments

NC277 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.

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Belt Drive Actuators From Misumi

May 20, 2013 9:34 am | by Misumi | Product Releases | Comments

Designed 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.

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Taxing Amazon: Will The Internet Retailer Be Forced To Charge Sales Tax?

May 17, 2013 11:13 am | by Editor | Blogs | Comments

A current bill finding its way through Congress is aimed at forcing internet retailers to collect sales tax from their customers, even when those customers live in a state where the store doesn't have a physcial presence. If this bill passes, giants like Amazon could be facing some big changes.

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Brady Corp. To Sell Asia Die-Cut Business, Organic Sales Down 4.7%

May 17, 2013 11:03 am | by Brady Corporation | News | Comments

The company continued its portfolio realignment process by announcing plans to sell its Asia-based Die-Cut business which was outlined in a separate press release on May 16, 2013. Accordingly, the company has recast its financial statements to report the financial results of the Die-Cut business on one line item in the accompanying condensed consolidated statements of income.

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United Stationers Board Declares Regular Dividend

May 17, 2013 10:58 am | by United Stationers, Inc. | News | Comments

The board also approved and authorized the company to purchase an additional $100 million of its common stock. Repurchases will be made in accordance with applicable securities laws in the open market or in privately negotiated transactions.

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Atlas Sales & Rentals Opens Three New Offices

May 17, 2013 9:30 am | by Atlas Sales & Rentals | News | Comments

The company has opened full-service offices in Miami, FL and Oklahoma City, OK. A third office in Austin, TX opened by Atlas last year, has relocated to a larger facility. Products offered include the complete line of MovinCool® spot coolers and other portable equipment for cooling and heating applications.

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Adjustable Bungee

May 17, 2013 9:26 am | by BihlerFlex | Product Releases | Comments

The new Versa Strap, 6-in-1 Adjustable Bungee is 36-inches long and contains six openings that allow the cord to expand and contract to meet the desired length of the end user.

Industrial Strength Cleaner & Degreaser

May 17, 2013 9:21 am | Product Releases | Comments

This degreaser is specially formulated for the most challenging machinery and equipment maintenance applications, says the company . . .

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Gartner Names hybris Leader In Magic Quadrant Report

May 16, 2013 3:34 pm | by hybris | News | Comments

hybris, the world's fastest-growing commerce platform provider, today announced that for the second year running it has been included as a Leader in Gartner's latest 'Magic Quadrant for E-Commerce' (dated May 8, 2013). Following substantial growth in 2011, hybris has further consolidated its position as the market's dominant independent e-commerce and omni-channel vendor.

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China Industrial Steel Revenues Up 6% In 1Q

May 16, 2013 10:50 am | by China Industrial Steel, Inc. | News | Comments

The increase in sales was mainly due to the increase in sales of steel plates and steel wires, offset by the decrease in sales of steel billets and the decrease in unit sales price in the three months ended March 31, 2013. The average unit sales price was $501 per ton, a decrease of $70, or 12%, compared to $571 per ton in the comparable period of 2012.

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Signature Group Holdings Sees 1Q Net Loss Of $2.8 Million

May 16, 2013 10:36 am | by Signature Group Holdings, Inc. | News | Comments

The company’s net loss for the first quarter of 2013 was $2.8 million, or $0.02 per share, compared to a net loss of $1.2 million, or $0.01 per share, reported for the first quarter of 2012. Comparatively, the 2013 quarterly results include a $1.5 million (or $0.01 per share) non-cash charge related to the company’s common stock warrant liability.

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Power Transmission/Motion Control Industry Forecasts Growth

May 16, 2013 10:32 am | by PTDA | News | Comments

The 1Q13 PTDA Business Index produced a reading of 61.1, which represents a substantial increase over last quarter’s reading of 50.7. This indicates that the power transmission/motion control (PT/MC) industry expanded for the 12th consecutive quarter at a slightly faster pace compared with 4Q12.

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Quiet Clean Professional Vacuums

May 16, 2013 10:18 am | by Sanitaire | Product Releases | Comments

Developed so that cleaning professionals can work unobtrusively during daytime hours, the Quiet Clean line operates at less than 68 dB, allowing for vacuuming to occur 24/7 without disturbing tenants or guests.

Fully Insulated Hand Tools

May 16, 2013 10:09 am | by C. H. Hanson | Product Releases | Comments

Nylon-11 insulation is proven to be more durable for safer operation than other insulation methods. Every tool meets or exceeds International Electrotechnical Commission (IEC) standards IEC60900 and ASTM F1505.

Increased Comfort Increases Safety & Productivity

May 16, 2013 9:54 am | by Big Ass Fans | Articles | Comments

Machinery can break down in extreme conditions so it only seems natural that employees might have cause to break down as well. As temperatures escalate, comfort tends to take a nosedive, dragging productivity and safety along with it. The introduction of air movement by way of high volume, low speed (HVLS) fans helps combat these adverse conditions.

Airgas Explosion Hurts 2

May 15, 2013 9:49 am | by Pam Ramsey, Associated Press | News | Comments

Two workers were injured Monday when highly flammable gas used in welding exploded at a West Virginia industrial site, officials said. Fire crews were sent at about 3:20 p.m. to Airgas, a distributor of specialty gases in Poca, outside of Charleston. Putnam County emergency management director Frank Chapman said the explosion involved about 50 tanks of acetylene that were at Airgas waiting to be refilled.

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Timken Acquires Standard Machine

May 15, 2013 9:42 am | by Jack Keough, Contributing Editor, Industrial Distribution | News | Comments

The Timken Company has acquired Standard Machine, provider of new gearboxes, gearbox service and repair, machining, field technical services and other services to customers in Canada and the western United States. The company services firms in the mining, oil and gas, and pulp and paper industries.

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PTDA Foundation Builds Awareness Of Industrial Distribution Careers

May 15, 2013 9:25 am | by PTDA Foundation | News | Comments

The power transmission/motion control industry is a “hidden” industry. While the power transmission/motion control products manufactured and distributed are essential to keeping industry moving, only those who work in the industry seem to be aware of the incredibly rewarding careers available. The Industrial Career Pathway initiative—founded and significantly funded by the PTDA Foundation—is taking major steps to change that. 

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Edgen Group Reports First Quarter 2013 Results

May 14, 2013 9:16 am | by Business Wire | News | Comments

Edgen Group Inc. a leading global distributor of specialized products including steel pipe, valves, plate, and related components to the energy sector and industrial infrastructure markets, today reported its financial results for the three months ended March 31, 2013.

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Graybar Reports First Quarter Results

May 14, 2013 9:13 am | by PR Newswire | News | Comments

Graybar, a leading distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, recently reported that net sales for the first three months of 2013 were $1.3 billion, an increase of 0.2 percent compared to the same period last year.

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