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National Oilwell Varco Appoints New CFO

August 31, 2015 | by National Oilwell Varco | Comments

Jose Bayardo has taken over fiscal leadership at NOV after serving in a vice president role at Continental Resources.

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Today in Distribution

The complete daily resource for distribution professionals

New LED Material Could Dramatically Lower Production Costs

August 31, 2015 1:11 pm | by Andy Szal, Digital Reporter

A new LED material saves on cost by requiring only one layer application, as opposed to the multiple players typically required for most LEDs, while maintaining efficiency.

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Atlas Copco USA's 'Water For All' Donates $50K To Denver-Based Charity

August 31, 2015 10:18 am | by Atlas Copco

Donated in honor of Atlas Copco USA's 31st anniversary, the money from the employee-run Water for All organization will fund clean water and sanitation projects in Nicaragua.

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MAPI Report Tempers Expectations For U.S. Manufacturing Sector

August 28, 2015 1:12 pm | by Andy Szal, Digital Reporter

The foundation's latest forecasts for manufacturing production and job growth are both down from what it predicted in May.

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Report: Union Elections Proceeding More Quickly Following NLRB Rule

August 28, 2015 9:55 am | by Andy Szal, Digital Reporter

Supporters said the change would prevent litigation or other "stall tactics" from impeding unionization votes and suggested that delays give management more time to pressure workers into voting "no."

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IAC Supply Expands In Arkansas, Tennessee

August 27, 2015 4:44 pm | by IAC Supply Solutions

IAC recently moved into a new facility in Blytheville, AR, completed a renovation of its Memphis, TN headquarters, and is currently constructing a new, much larger branch in Bartless, TN.

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Think Tank: Congressional Report Misrepresents Health Of U.S. Manufacturing

August 27, 2015 4:17 pm | by Andy Szal, Digital Reporter

A Washington D.C. think tank says the CRS' estimate of a 12 percent manufacturing employment decline between 2003 and 2013 used unofficial data and a poorly selected timeframe.

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Kennametal Board Names New CFO

August 27, 2015 2:45 pm | by Kennametal

Effective Sept. 1, Jan Kees van Gaalen will replace Martha Fusco to lead the company's finance function, while Fusco will continue as vice president and corporate controller.

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U.S. Economy Surged At 3.7 Percent Rate In April-June Quarter

August 27, 2015 10:25 am | by Martin Crutsinger, AP Economics Writer

It was the strongest growth since last summer and marked a sharp improvement from the anemic 0.6 percent advance during the January-March quarter when a harsh winter sapped activity.

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Non-Residential Construction Retreated 28 Percent in July

August 26, 2015 4:23 pm | by Alex Carrick, Construction Market Data (CMD)

While 2014's June-to-July shift was also weak, this year's was considerably larger.

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Industrial Supply Co. Launches Directools Website

August 26, 2015 4:06 pm | by Industrial Supply Company

The new e-commerce offering is Industrial Supply’s customized shopping service designed for purchasing agents and other customers to more efficiently source and purchase products.

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IBC Advanced Alloys Appoints New Engineered Materials President

August 26, 2015 2:06 pm

Advanced automotive and aerospace materials expert Chris Huskamp takes over leadership of the division following the resignation of Ray White.

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EIA Expects Near-Term Decline in Natural Gas Production in Major Shale Regions

August 26, 2015 1:04 pm | by U.S. Energy Information Administration

The U.S. Energy Information Administration says in each major shale region, production from new wells is not large enough to offset production declines from existing legacy wells.

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North American Tool Names New Sales & Marketing Director

August 26, 2015 10:13 am | by North American Tool

To be based out of South Beloit, IL, Phil Samuels was formerly general manager of North American Operations of William Becket Plastics, a supplier of packaging to cutting tool manufacturers.

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Actuant Reappoints Arzbaecher As Interim CEO

August 25, 2015 2:52 pm | by Actuant

Arzbaecher – Actuant CEO from August 2000 to January 2014 – will lead the company as it searches for a permanent CEO following Mark Goldstein's resignation.

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Ferguson Fire & Fabrication Adds Alabama Business Of Central Pipe & Supply

August 25, 2015 2:24 pm | by Ferguson

Ferguson Fire & Fabrication will operate its business from the former Central Pipe & Supply location in Mobile, AL, and the existing management team and all associates will remain in place.

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Report: Midwest Gas Prices To Fall With BP's Indiana Refinery Restarted

August 25, 2015 12:05 pm | by Andy Szal, Digital Reporter

The refinery — the Midwest's largest — spiked gas prices in the region after it was shut down earlier this month, and its restart reportedly could result in a considerable price drop.

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Barrel Of U.S. Crude Drops Below $40

August 25, 2015 9:23 am | by The Associated Press

The price of oil has fallen for eight consecutive weeks, the longest streak since 1986. Oil is down 34 percent from its high of $61.43 this year, and 62 percent from its high of $107.26 last year.

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Nidec Acquires Spanish Press Machine Manufacturer

August 25, 2015 9:11 am | by Mike Hockett, Managing Editor

Nidec says the acquisition will help one of its subsidies – Nidec-Shimpo Corp. – expand its technological and market reach in the global press machine market.

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Bunzl Adds Chicago PPE Distributor Among Acquisitions, Reports 6-Month Sales

August 24, 2015 5:01 pm | by Bunzl plc

Recent Bunzl acquisitions include Steiner Industries, a Chicago-based personal protection equipment distributor engaged in the sale of safety gloves and workwear to U.S. distributors who supply the welding and industrial sectors.

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MRC Global Opens New DC Outside Of Pittsburgh

August 24, 2015 3:00 pm | by Mike Hockett, Managing Editor

As MRC's  10th regional distribution center in the U.S., the facility will employ approximately 26 people and support 15 MRC Global branches throughout the Northeast U.S.

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