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Bossard Acquires 60 percent Of Torp Fasteners

December 18, 2014 | by Bossard | Comments

The acquisition boosts Bossard's position as a supplier of high-quality fastening solutions in Scandinavia.                                         

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Today in Distribution

The complete daily resource for distribution professionals

U.S. November Construction Jumps 13 Percent

December 18, 2014 4:58 pm | by Dodge Data & Analytics

New construction starts had an overall healthy November gain, led by nonresidential and nonbuilding construction, while residential construction retreated.                           

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Amazon Launches 1-Hour Shipping In Manhattan

December 18, 2014 4:13 pm | by Sarah Skidmore Sell, AP Business Writer

The service faces tough competition from other delivery services in Manhattan, such as grocers FreshDirect and Instacart, as well as Google Express, which delivers from a variety of retailers the same day.             

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MAPI U.S. Industrial Outlook: Widespread Growth Ahead

December 18, 2014 10:06 am

The MAPI Foundation forecasts manufacturing production growth of 3.5 percent in 2015, 3.9 percent in 2016, and 3.1 percent in 2017.                         

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U.S. Consumer Prices Fell 0.3 Percent In November

December 17, 2014 5:07 pm | by Josh Boak, AP Economics Writer

Prices have barely budged, even though hiring has picked up and the unemployment rate has fallen to 5.8 percent.                                       

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Timken HQ Receives LEED Gold Certification

December 17, 2014 4:34 pm | by Timken

Built in 1966, the building located near the Akron-Canton airport recently underwent a $65 million, 240,000-square-foot renovation and expansion to serve as the company's new world headquarters.           

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United Stationers Announces Sale Of MBS Dev

December 17, 2014 1:26 pm | by United Stationers

United Stationers said MBS Dev, a software solutions subsidiary, will be advanced to meet the specialized needs of distribution industries.                               

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Wajax Makes 2 Executive Appointments

December 17, 2014 10:35 am | by Wajax Corporation

Thomas Alford was added to Wajax' Board of Directors, while Michael Gross will succeed Richard Plain as Senior Vice President, Power Systems.                               

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ABC Supply Acquires Siding World

December 17, 2014 9:52 am | by ABC Supply

The 17 former Siding World stores join 15 existing ABC Supply branches in Michigan, 13 in Ohio, and eight in Indiana.                                      

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WinWholesale’s Carr Supply Opens Near Detroit, Mich.

December 17, 2014 9:34 am | by WinWholesale

The new branch in Taylor, Mich., will provide high quality plumbing, HVAC, and water service supplies and equipment to contractors in downriver Michigan.                         

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Praxair Announces Jan. 1 Price Increases

December 16, 2014 3:10 pm | by Praxair, Inc.

Praxair says the adjustments will help address rising product costs from suppliers and increasing operating costs at production and distribution facilities.                           

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UPS Expands 4 North American Distribution Facilities

December 16, 2014 2:50 pm | by UPS

Rapid growth of customers in the high-tech, industrial manufacturing, and retail industries fueled the demand for new or expanded facilities in California, Kentucky, and Toronto, Canada.                   

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Atlas Copco To Acquire Titan Technologies

December 16, 2014 1:28 pm | by Atlas Copco

The addition gives Atlas Copco a provider of bolting tools, strengthening its offerings to customers in the oil, gas, and power segments.                                 

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Evergreen Marketing Announces Info For 2015 Mfg. Sales Workshops

December 16, 2014 12:44 pm | by Evergreen Marketing Group

Called “Managing your Relationships with Independent Distribution,” the workshops have been held around the country since 2006 and focus on sharing best practices in working with independent distributors.             

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New President Named To Lead Seco Tools

December 16, 2014 9:24 am | by Seco Tools

Internally promoted Robert Keenan will begin his new role Jan. 1, while outgoing president Kurt Nordlund will return to Seco Tools AB in Sweden as a senior advisor.                         

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Advent International Acquires Distribution International

December 16, 2014 9:13 am | by Advent International

Distribution International's rapid growth over the past four years has been led by 11 acquisitions, giving the Houston-based company 64 branch locations.                           

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Why Oil Is Down By Half, And What It Means For You

December 15, 2014 2:49 pm | by Jonathan Fahey, AP Energy Writer

For drivers, shippers, airlines and other consumers of fuel, there's nothing not to like about the drop in oil prices. For oil companies, oil-producing states, and oil-exporting countries, the drop is painful.           

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Fed Likely To Note Gains But Signal No Rate Hike

December 15, 2014 2:43 pm | by Martin Crutsinger, AP Economics Writer

The Fed may no longer say it plans to keep a key interest rate near zero for a "considerable time." If so, the Fed would be signaling that it's moving closer to raising rates — eventually.                 

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ISA Creates Emerging Leaders Special Interest Group And Summit

December 15, 2014 12:18 pm | by Industrial Supply Association

Emerging Leaders is a group of motivated professionals who aspire to be leaders within ISA member companies and the industrial supply market.                               

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Factory Output Eclipses Pre-Recession High

December 15, 2014 11:46 am | by Josh Boak, AP Economics Writer

Manufacturing output has risen 4.8 percent over the past 12 months, and is now above the previous high set just before the downturn began in December 2007.                           

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Grainger To Withdraw From Chicago Stock Exchange

December 15, 2014 10:09 am | by Industrial Distribution Staff

Effective in January, Grainger is withdrawing to eliminate duplicative administrative requirements and costs inherent with dual listings with both the Chicago Stock Exchange and New York Stock Exchange.           

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