Cutting tools and abrasives distribution – News, articles and analysis

Cutting Tools/Abrasives

News and articles on distributors of cutting tools and abrasives, as well as coverage of key market trends. Special coverage includes Big 50 companies such as W.W. Grainger, HD Supply, Fastenal and MSC Industrial Direct.

Q3 sales rise at RBC
Industrial Distribution staff, 2/8/2007 7:11:00 AM
Net income rises 60 percent on strong sales, improved gross margin More

IDG facility in N.C. recovers from tornado
Industrial Distribution staff - 05/13/2008
May 9 twister tears part of roof from an Industrial Distribution Group DC in Belmont, N.C., causing no injuries but damages of up to $7 million More
March machine tool consumption rises 84 percent
Industrial Distribution staff - 05/13/2008
Manufacturers spent $545 million on machine tools in March, up 16 percent compared with February, according to the American Machine Tool Distributors’ Assn. and the Assn. for Manufacturing Technology More
Grainger’s April sales rise 13 percent
Industrial Distribution staff - 05/12/2008
Broad-line MRO distributor’s daily sales increase 13 percent; branch-based sales increase 11 percent More
HD Supply White Cap opens warehouse in Minnesota
Industrial Distribution staff - 05/06/2008
Twin Cities location boosts building materials distributor's Midwest footprint More
Report: Grainger to expand despite economy
Industrial Distribution staff - 05/01/2008
Incoming CEO and current president James Ryan tells shareholders the broad-line MRO distributor plans to increase customer service and become Mexico’s first national distributor, Crain’s Chicago Business reports More
Grainger ups share buyback program
Industrial Distribution staff - 04/30/2008
Broad-line MRO distributor could repurchase an additional 10 million shares of its own stock More
Husqvarna buys Sandvik’s diamond tools business
Industrial Distribution staff - 04/30/2008
Swedish manufacturer acquires Sandvik Nora AB for an undisclosed amount More
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News from the Web

MSC Industrial Direct posts higher second-quarter profit (at MarketWatch)
Grainger Promotes Ronald L. Jadin to Senior Vice President and Chief Financial Officer
Source: pressroom.grainger.com Date: Feb 20, 2008
HD Supply Begins to Unroll-Up
Source: www.distributiontrends.com Date: Dec 4, 2007
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Incredible company! Leadership has made some recent strategic moves that are giving ...
Chris - 5/13/2008 1:23:42 PM PT
in response to Grainger’s April sales rise 13 percent

2008 is going to be a great year? Less than two weeks after this article came out the...
Secret - 5/2/2008 3:23:12 PM PT
in response to Report: HD Supply looks to grow

They have also cut merchandisers, warehouse people, and area managers of the crown bo...
Secret - 5/1/2008 9:22:09 PM PT
in response to HD Supply cuts jobs, closes branches in Georgia, Tennessee

As a former Grainger territory sales manager I am sad to see this turn of events. How...
K S - 4/8/2008 11:51:32 AM PT
in response to Grainger COO: February sales slow; meeting with Feds likely

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How to calculate Total Cost

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