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The complete daily resource for distribution professionals

Cleaner Air May Mean Higher Electric Bills

May 23, 2014 9:40 am | by Jonathan Fahey, AP Business Writer

Electricity prices are probably on their way up across much of the U.S. as coal-fired plants, the dominant source of cheap power, shut down in response to environmental regulations and economic forces.                     


Fastenal To Expand In Indianapolis

May 22, 2014 10:33 am

Fastenal Company, a distributor of industrial and construction equipment, announced plans on Tuesday to expand its operations in Indianapolis, Indiana, creating up to 60 new jobs by 2016.           


ISA Member Growth Moderates

May 22, 2014 10:13 am | by Industrial Supply Association

Business moderated somewhat for manufacturer and distributor members of the Industrial Supply Association according to the recent ISA Economic Indicator Report.               


Airgas To Build New Air Separation Unit

May 22, 2014 10:09 am | by Business Wire

Airgas, Inc. has announced that it has signed a long-term agreement to build an air separation unit to supply tonnage oxygen and nitrogen via pipeline to Westlake Vinyls, Inc. at its expanded Calvert City, KY manufacturing complex.   


Romi Chooses Jones Machinery As Its New Dealer

May 22, 2014 10:04 am | by Romi Machine Tools Ltd.

Romi Machine Tools Ltd. has appointed Jones Machinery Inc. as its distributor for Kentucky, Southern Ohio, and Southern Indiana.                     


Unisource And xpedx Announce New Name For Merger

May 21, 2014 10:31 am

xpedx, a business of International Paper and Unisource Worldwide, Inc., have announced that they have chosen the name Veritiv for the leading distribution solutions company that will be created upon completion of their merger.    


Honeywell Names Sach Sankpal President Of Honeywell Safety Products

May 21, 2014 10:19 am | by Honeywell

Honeywell has announced that it has appointed Sach Sankpal as president for Honeywell Safety Products, a part of the Honeywell Automation and Control Solutions’ Life Safety business.            


WESCO International To Acquire Hi-Line Utility Supply

May 21, 2014 10:06 am | by PRNewswire

WESCO International has announced that WESCO Distribution, Inc. has entered into a definitive agreement to acquire Hi-Line Utility Supply Company.                  


Wolseley To Dispose Of Business In Austria

May 21, 2014 10:00 am | by Wolseley

Wolseley confirms it is in discussions with subsidiaries of Frauenthal Holding AG to dispose of ÖAG, Wolseley's Austrian plumbing and heating business.                 


Headwaters Acquires Metals USA’s Roofing Products Business

May 20, 2014 9:31 am | by Business Wire

Headwaters Incorporated, a building products company dedicated to improving lives through innovative advancements in construction materials, has announced it has acquired the assets of Metals USA's roofing products business.     


U.S. Government Cites China In Cyberspying Case

May 20, 2014 9:23 am | by Eric Tucker, Associated Press

The United States, accusing China of vast business spying, charged five military officials on Monday with hacking into U.S. companies to steal vital trade secrets in a case intensifying already-rising tensions between the international economic giants.


Home Depot 1Q Results Miss Expectations

May 20, 2014 9:17 am | by The Associated Press

Home Depot's fiscal first-quarter net income climbed 12 percent as a key sales metric improved despite a slow start to the spring selling season due to bad weather.               


Oil Rises On Housing Data, Ukraine Tensions

May 19, 2014 10:30 am | by The Associated Press

The price of oil rose past $102 a barrel Friday on strong U.S. construction activity and increased tensions in Ukraine.                      


Temp Jobs On The Rise In Shifting Economy

May 19, 2014 10:25 am | by Tom Raum, Associated Press

While the U.S. economy has improved since the Great Recession ended five years ago, part-time and "contract" workers are filling many of the new jobs.                 


Bel To Acquire Emerson Network Power Connectivity Solutions

May 19, 2014 10:15 am | by Business Wire

Bel will pay approximately $98 million in cash to acquire the ECS business, which had 2013 revenue of approximately $83 million.                     


CCMP Capital To Acquire The Hillman Companies

May 19, 2014 10:11 am | by PRNewswire

CCMP Capital Advisors, LLC and The Hillman Companies, Inc. have announced that they have signed a definitive agreement under which affiliates of CCMP will acquire a controlling interest in Hillman.         


Interline Brands Announces New Chief Financial Officer

May 16, 2014 4:41 pm | by Interline Brands

John K. Bakewell has given notice of his resignation in order to accept a position with another company.                           


Manufacturing Solutions of Minnesota Joins IBC As An Independent Distributor

May 16, 2014 4:40 pm | by IBC

MSI services customers in the agriculture, construction, firearm, automotive, aerospace and contract manufacturing industries.                              


PTDA Spring Conference Addressed Leadership & Communications In Age-Diverse Workplaces

May 16, 2014 3:52 pm | by PTDA

The Spring Leaders Conference includes three components: Governance Meetings for PTDA’s boards, committees and council volunteers, a Leadership Development Conference for up-and-coming young executives and those who want to polish their leadership skills, and a General Education Session.


MasterDrive Promotes Philip Carlson To Director Of Sales & Marketing

May 16, 2014 2:11 pm | by MasterDrive, Inc.

MasterDrive Inc. has promoted Philip Carlson to the position of Director of Sales and Marketing. Carlson has held a number of executive and sales marketing management positions in the Bearing and Power Transmission industry.      


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