The Leading Source for Industrial Distribution News
Signature Group Holding Names Colville CEO
April 17, 2013 9:41 am | by Signature Group Holdings, Inc. | News | CommentsCraig Noell has reached an agreement with the company to resign as Chief Executive Officer pursuant to the terms of a Separation Agreement and General Release. Mr. Chris Colville, Chairman of the Board of Directors, will immediately assume the responsibilities of Chief Executive Officer.
WinWholesale Acquires West Coast Associates In Tampa
April 17, 2013 9:39 am | by WinWholesale, Inc. | News | CommentsWinWholesale Inc. has acquired the assets of West Coast Associates in Tampa, Fla. The company now operates as West Coast Winsupply and fabricates fire sprinkler systems for fire sprinkler and mechanical contractors in Florida and the southern regions of Georgia and South Carolina.
Bunzl Announces Interim Statement, UK Acquisition
April 17, 2013 9:36 am | News | CommentsRevenue and operating margins have been consistent with expectations at the time of the annual results announcement in February. At constant exchange rates, group revenue in the first quarter has increased 10% compared to the same period last year due to underlying revenue growth of about 2%, with all of the business areas showing growth, and the positive impact from acquisitions.
ILMO Marks 100th Day Of 100th Year With Surprise For Employees
April 16, 2013 10:08 am | by Blair Austin, ILMO Products Company | News | CommentsOn Wednesday, April 10, ILMO’s owners and directors visited all ten ILMO locations to personally present each employee with a $100 bill and lunch for their team, and to express their appreciation for their dedication to ILMO’s success and the success of our customers.
Praxair Acquires Plant In IN, Starts Another In Brazil
April 16, 2013 9:32 am | by Praxair, Inc. | News | CommentsPraxair, Inc., announced the acquisition of Tri-State Carbonic’s carbon dioxide (CO2) plant in Lawrenceburg, Indiana. Financial terms of the transaction were not disclosed. Also, as part of a long-term contract, Praxair's new plant in Brazil will supply Eldorado Celulose e Papel’s single-line pulp mill, which will be the largest in the world.
Atlas Copco to Acquire German Torque Wrench Maker
April 16, 2013 9:27 am | by Atlas Copco | News | CommentsFounded in 1919, Saltus has about 65 employees and had revenues in 2012 of about MEUR 8 (MSEK 70). The company manufactures and sells a wide range of products for quality assurance in tightening, including mechanical, mechatronic and electronic wrenches as well as special sockets.
Grainger Reports Record EPS For 2013 First Quarter
April 16, 2013 9:23 am | by W.W. Grainger, Inc. | News | CommentsNet earnings for the quarter increased 13 percent to $212 million versus $188 million in 2012. Earnings per share of $2.94 increased 14 percent versus $2.57 in 2012. Sales increased 4 percent in the 2013 first quarter reflecting 1 less selling day versus the 2012 first quarter.
The Amazon Cure
April 15, 2013 5:16 pm | by Jim Tompkins, CEO of Tompkins International | Articles | CommentsTompkins explores the main symptoms associated with the current plague of short-term thinking, how companies can begin growing again, and how the “Amazon Cure” and Jeff Bezos’ focus on innovation and investment help create long-term value. It’s time for business leaders to stop cannibalizing their long-term success by focusing on short-term profits.
Innovative Safety Coupling
April 15, 2013 5:09 pm | by CEJN | Product Releases | CommentsThe eSafe is a one hand operated, compact, high flow coupling that vents before disconnection eliminating the risk of hose-whip keeping the operator from harm.
Stainless Shelving With Plastic Bins
April 15, 2013 4:56 pm | by Jamco Products, Inc. | Product Releases | CommentsThe Model KP130 is 304 stainless steel, 16 gauge, premium polished with solid shell sides and a louvered panel inside that holds 30 Insight Ultra Clear Bins . . .
Distribution Specific ERP Add-On Package
April 15, 2013 9:29 am | by xTuple | Product Releases | CommentsThe package, xWD extends xTuple ERP software's enterprise-class functionality for companies with sophisticated inventory control needs. Development enhancements were led by close collaboration with IMARK members.
Jergens, Inc. Releases 2013 Master Catalog
April 15, 2013 9:20 am | by Jergens, Inc. | Product Releases | CommentsThis comprehensive 516 page catalog includes in-depth product descriptions, design features & benefits, performance details, application and operating information, dimensional drawings and detailed sizing information for all Jergens products from the company’s three distinct business units.
AED Urges Congress To Fix Complicated, Archaic Tax Code
April 15, 2013 9:13 am | News | CommentsThe overly complicated and uncertain tax code is undermining economic growth, Associated Equipment Distributors’ (AED) Vice Chairman Tim Watters told the House Small Business Committee earlier this month. Watters, president of Hoffman Equipment in Piscataway, N.J., cited a recent AED tax survey outlining the construction equipment distribution industry’s tax reform priorities.
Is Real Time Supply Chain Management Still Just a Dream?
April 14, 2013 3:51 pm | by Danielle M., Blogger & Business Student | Blogs | CommentsSupply chain management has always been important, and it's a big part of any successful just-in-time delivery system. The dream of true real time management, alas, has remained elusive. New technology may finally bring the dream to life.
Airgas Invests In eCommerce, Partners With Acquity
April 12, 2013 5:16 pm | by Airgas, Inc. | News | CommentsAs one of the leading digital marketing companies, the Chicago-based Acquity Group will provide their e-channel expertise in leading the design and implementation of Airgas' new content-rich website. The new Airgas digital experience will enable customers to interact and transact with Airgas at any time and across all channels, including mobile and social interactions.
Timken Acquires Smith Services
April 12, 2013 5:05 pm | by Jack Keough, Contributing Editor, Industrial Distribution | News | CommentsIn 2012, Smith Services reported sales of approximately $17 million. The 140 Smith Services employees provide electric motor repair and field technical services to end-users across seven states in the region, serving a wide variety of markets including power generation, petrochemical, paper, steel, nuclear and mining.
What's In A Name? Trademark Law Every Company Should Know
April 12, 2013 10:00 am | by Harry B. Ray, Sole Partner, Harry B. Ray & Associates, PLLC | Blogs | CommentsWithout question, marks used by a business to identify either its services (service marks) or its goods (trademarks) can be among its most valuable assets. Ironically, like goodwill, a value is seldom listed on the balance sheet of a business in connection with its marks.
Ergonomic Operating Controls
April 12, 2013 9:48 am | Product Releases | CommentsOpGuard enables machine operators to quickly reposition the controls to an ergonomic height, reducing unnecessary strain. With 11” of vertical adjustment, OpGuard accommodates users of all heights.
Wire Rope Hoists Added To Quick Ship Program
April 12, 2013 9:38 am | by Columbus McKinnon Corporation | Product Releases | CommentsSelect Shaw-Box World Series models will join the Flex-48 Quick Ship program. These wire rope hoists have been configured to ship within 48 hours (2 business days) from time of order entry.
Airgas Announces Divisional & Region Leadership Changes
April 12, 2013 9:32 am | by Airgas, Inc.. | News | CommentsDouglas L. Jones has been named Airgas Division President - West Division, replacing Max D. Hooper who has resigned after 17 years of dedicated service to Airgas and its West Division. Mike Eatmon replaces Jones as President - Intermountain Region. Eatmon is a 14-year Airgas veteran and most recently served as an Area Vice President for the Intermountain region.
