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Today in Distribution

The complete daily resource for distribution professionals

Watsco Achieves Record Sales, Operating Margins During Second Quarter

July 17, 2014 11:06 am | by Watsco

Watsco, Inc. has reported record results for the second quarter and for the six months which ended June 30, 2014.                      

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Praxair Signs Long-Term Supply Agreement

July 17, 2014 10:59 am | by Praxair

Praxair, Inc., through a subsidiary, has signed a long-term contract to supply industrial gases to Nanjing Jinling Huntsman New Materials Co., Ltd., a joint venture between SINOPEC Jinling and Huntsman.        

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3M Presents Distributor Of The Year Awards

July 17, 2014 10:53 am | by 3M

3M recognized four companies with “Distributor of the Year” awards at the 2014 Industrial Supply Association (ISA) Annual Convention in New Orleans, Louisiana.               

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ISA Indexes Move In Opposite Directions

July 17, 2014 10:45 am | by Industrial Supply Association

The Manufacturer and Distributor Indexes moved in opposite directions for the second straight month, according to the July ISA Economic Indicator Report (EIR) from the Industrial Supply Association.         

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Muller To Operate Under Signode Industrial Group

July 17, 2014 10:40 am | by Muller

Muller, a leading manufacturer of load containment solutions, has announced the finalization of the acquisition to the Carlyle Group. Muller will now operate as a stand-alone business under the Signode Industrial Group.     

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Grainger Q2 Sales Up, Net Profit Down

July 17, 2014 10:34 am | by PRNewswire

Grainger has reported results for the 2014 second quarter which ended June 30, 2014.                            

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Motion Industries Building New Caldwell Facility

July 17, 2014 10:18 am

Motion Industries plans to relocate from its Boise facility to a new facility in Caldwell in September.                         

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Bri-Chem Sells All Steel Pipe Division Assets

July 17, 2014 9:52 am | by Bri-Chem Corp.

Bri-Chem Corp. is pleased to announce that it has completed the sale of its Steel Pipe Manufacturing division and Steel Pipe Distribution division.                 

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New UPS CEO Backs Trade Agreements

July 16, 2014 11:15 am | by Kathleen Foody, Associated Press

Operations of the package-delivery giant UPS won't change dramatically under its incoming CEO, the recently named executive said this week.                   

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Albemarle To Buy Rockwood In $6.2B Deal

July 16, 2014 11:10 am | by The Associated Press

Specialty chemicals company Albemarle is buying counterpart Rockwood Holdings Inc. in a cash-and-stock deal valued at about $6.2 billion.                   

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KNIPEX Tools Joins NetPlus Alliance

July 16, 2014 11:04 am | by KNIPEX

KNIPEX Tools announces that it joined NetPlus Alliance, a buying group for industrial and contractor supply distributors.                      

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APR Supply Co. To Acquire W.G. Balph Company

July 16, 2014 10:42 am

W.G. Balph Company is a plumbing, heating and HVAC distributor founded in 1926 by Bill Ralph.                           

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IndustryHuddle Gains 15,000 Users, Improves User Interface

July 16, 2014 10:34 am | by Industry Huddle

Cincinnati-based social trade network IndustryHuddle.com is proud to announce it has added several new features including a revamped jobs platform where users can post and apply for job listings that tie in with one of the world’s largest online job portals.

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3M To Buy Subsidiary Stake

July 16, 2014 10:28 am | by The Associated Press

3M will take full control of its Sumitomo subsidiary by acquiring the 25 percent of the company that it doesn't already own for $885 million.                  

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Oil Price Rises After China Growth Ticks Higher

July 16, 2014 10:25 am | by Pablo Gorondi, Associated Press

Oil prices rose Wednesday after China reported a slight improvement in economic growth for the second quarter that allayed fears its slowdown was continuing.                

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U.S. Factory Output Rises For 5th Straight Month

July 16, 2014 10:21 am | by Christopher S. Rugaber, AP Economics Writer

U.S. factory output increased for the fifth straight month in June as manufacturers cranked out more aircraft, chemicals and furniture.                   

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Affiliated Distributors Selects Noesis Energy To Help Members

July 16, 2014 10:18 am | by PRNewswire

Noesis Energy, the fastest-growing savings and financing platform for energy efficiency projects, has been selected by Affiliated Distributors to help its members close more energy efficiency projects.        

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HighJump Software Acquired By Rival Accellos

July 16, 2014 10:12 am

HighJump Software, a Bloomington, MN firm that pioneered warehouse management and logistics software, has been acquired by a Colorado-based rival, Accellos Software.              

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Savings.com Launches Price Comparison Service PriceJump

July 15, 2014 11:01 am | by PRNewswire

Savings.com is launching PriceJump, a new service that instantly compares Amazon product prices to prices around the web, dispelling the myth that Amazon always offers the best deals.           

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HEXPOL Acquires Kardoes Rubber

July 15, 2014 10:52 am | by Business Wire

HEXPOL has signed an agreement to acquire the business of Kardoes Rubber Co. from the founder Mr. Frank Kardoes and his family.                     

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