Fresh off last week's announced acquisition of HD Supply's Power Solutions unit, Anixter reported strong organic sales growth as its Enterprise Cabling & Security segment topped $1 billion in sales for the first time in company history.
A new manufacturing survey showed that 53 percent of those polled – including top distributors...
The company spent $226 million of its Q2 expenses to settle an income tax dispute, while total...
Despite perceptions about the detrimental impacts of technology, regulation, and foreign competition, a recent report says that the service sector simply grew at a much faster pace than manufacturing over the past 10 years.
The company said strong currency headwinds were the primary reason for the sales and profit decreases, which were consistent across all business segments.
The company's quarterly sales were boosted by continued growth in its non-residential construction products, allowing it to raise its full-year earnings guidance.
The new AE and ETS Delivery Programs offer a more efficient way to order Square D standard switchboards, helping contractors meet tighter project schedules.
The acquisitions spanned coast-to-coast and multiple business types including waterworks, HVAC, and plumbing distributors, in addition to e-commerce companies, and appliance and lighting showrooms.
Numbers compiled by Product Design & Development on the motion control products market include total shipments surpassing the $3 billion mark in 2014.
Along with bringing the company to the Pacific Northwest with branches in Seattle and Spokane, the acquisition grows Beacon to approximately $3.7 billion in revenues and gives it 356 branches in 45 states and six provinces across Canada.
The transaction combines complementary strengths to create more competitive and comprehensive material handling solutions for customers.
The addition gives Tacoma, WA-based Stellar a solid foothold in the southwest U.S., and a wider presence in the metalworking, abrasives, MRO, and safety businesses.
Klein Tools' survey of hundreds of electricians showed that 5 in 6 union members view "Made in U.S.A." as a crucial purchasing point, while only 3 in 6 non-union members feel the same.
The Wisconsin-based tool maker had healthy organic sales growth across all business segments, including better than 11 percent in its Commercial and Industrial group.
Würth Service Supply's membership with Komatsu America Corporation Midori-Kai has been renewed for 2015, a seventh year in a row.
The National Retail Federation has released updated research showing that the new overtime plan could cost retailers hundreds of millions of dollars in administrative costs, even if most workers see no increase in take-home pay.
The company's industrial sales increase nearly 50 percent year-over-year in the quarter, largely impacted by 2014 acquisitions of CPO and MEDCO.
Foreign currency headwinds reduced 3M's Industrial business sales by 7.8 percent, and reduced its Safety and Graphics sales by 9 percent.
Lawson said the weaker Canadian dollar and reduced energy demand continued to lead to broader-based MRO slowdown and lower sales, though the company was still able to achieve growth.
Though the company's quarterly sales and profit were down year-over-year once again, both had notable increases over Q1.
The operation will include a full service and support department, an onsite warehouse, and training facility.
The additions, totaling $40 million in 2014 revenue, strengthen Airgas' welding supplies and industrial gas offerings along the Gulf Coast, as well as its nitrogen services capabilities.
Expected to be completed during Home Depot's third quarter that ends Nov. 1, the home improvement retailer gains Interline's distributor network of more than 90 locations throughout the U.S., Canada, and Puerto Rico.