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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.
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...
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...
Lyon Workspace Products Sold To Equity Partnership
May 21, 2013 9:37 am | by Jack Keough, Contributing Editor, Industrial Distribution | News | Comments
Lyon Workspace Products, formerly Lyon Metallic and then Lyon Metal, began as a manufacturer of...
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.
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.
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.
Taxing Amazon: Will The Internet Retailer Be Forced To Charge Sales Tax?
May 17, 2013 11:13 am | by Editor | Blogs | CommentsA 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.
Brady Corp. To Sell Asia Die-Cut Business, Organic Sales Down 4.7%
May 17, 2013 11:03 am | by Brady Corporation | News | CommentsThe 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.
United Stationers Board Declares Regular Dividend
May 17, 2013 10:58 am | by United Stationers, Inc. | News | CommentsThe 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.
Atlas Sales & Rentals Opens Three New Offices
May 17, 2013 9:30 am | by Atlas Sales & Rentals | News | CommentsThe 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.
Adjustable Bungee
May 17, 2013 9:26 am | by BihlerFlex | Product Releases | CommentsThe 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 | CommentsThis degreaser is specially formulated for the most challenging machinery and equipment maintenance applications, says the company . . .
