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Today in Distribution

The complete daily resource for distribution professionals

Registration Opens For 2013 NAED Eastern Region Conference

August 29, 2013 10:21 am | by NAED

Eastern Region Vice President Marc Malvizzi, electrical division manager at Penn Supply Company/EPSCO, Wilkes-Barre, Pa., will lead this year’s event under the theme “Be the Change.”            


CTE Begins Houston Zero Emission Delivery Vehicle Project

August 29, 2013 10:09 am | by Smith Electric

As part of a U.S. Department of Energy sponsored effort, local fleets will replace existing diesel delivery vehicles with all-electric medium- and heavy-duty Smith Newton trucks for daily operations in the Houston-Galveston area.    


Oil Briefly Surges Past $112 In Hectic Trading

August 28, 2013 9:58 am | by Pablo Gorondi, AP Writer

The price of oil briefly surged past $112 a barrel Wednesday before giving up most of its gains while the U.S. seemed to edge closer to intervening in Syria's civil war.              


Airgas Announces Redemption Of All Outstanding Senior Subordinated Notes

August 28, 2013 9:52 am | by Airgas, Inc.

The company intends to finance the redemption of the notes with the proceeds of commercial paper issuances. The loss will be reflected in the fiscal third quarter ending December 31, 2013.           


Santana Equipment Expands In Phoenix

August 28, 2013 9:46 am | by Santana Equipment Trading Company

Expanding to Arizona has allowed the company to strengthen relationships with existing southwestern and west coast vendors/clients, increase export sales to Mexico, and reach out to thousands of new businesses.       


United Distribution Group Adds Two Locations

August 28, 2013 9:42 am | by The United Distribution Group

GHX Industrial, LLC announced a new 4,000 square foot facility in Texas City, Texas, and McCarty Equipment Co., Ltd. announced a new 10,000 square foot facility in Louisville, Ohio.                  


Grainger Modifies Structure For Greater Focus And Consistency

August 28, 2013 9:29 am | by W. W. Grainger, Inc.

Grainger is dividing its business into a newly formed Americas sector, to include Canada, the U.S., Mexico, and Central America, and an emerging markets sector, to include Brazil, Europe, and Asia.         


Midwest Manufacturing Index Up 0.1% In July

August 27, 2013 11:20 am | by William A. Strauss, Senior Economist and Economic Advisor, Chicago Fed Midwest Manufacturing Index

The Chicago Fed Midwest Manufacturing Index indicates that regional output rose 1.6% in July from a year earlier, and national output increased 1.5%.                 


U.S. Consumer Confidence Dipped In August

August 27, 2013 10:52 am | by AP

Consumers' confidence in the economy is watched closely because their spending accounts for about 70 percent of U.S. economic activity. After hitting bottom at 25.3 at the depths of the Great Recession in February 2009, the index has bounced back.


Q&A On Turmoil In Emerging Asian Markets

August 27, 2013 10:50 am | by Kelvin Chan, AP Business Writer

Some answers to the big questions surrounding emerging markets: Why are investors fleeing Asia? Will there be a replay of the Asia financial crisis, as some fear? What troubles is India facing? How has the weakening rupee affected Indian companies?


Distribution International Announces Acquisition Of Insulation Services, Inc.

August 27, 2013 10:47 am | by Distribution International, Inc.

Located in Greenville, SC, ISI is a single-site distributor of thermal and acoustic insulation products. The ISI location will merge into the existing DI location in Piedmont, SC.             


Bunzl Makes Two Acquisitions, Releases Half-Year Results

August 27, 2013 10:43 am | by Bunzl, plc

Espomega is a leading redistribution business in Mexico, supplying a variety of safety products, including gloves and protective clothing. The UK-based Fulfilment Store is engaged in the procurement and fulfilment of promotional products and marketing point-of-sale materials.


Survey: Affordable Care Act Will Be A Drag On Company Growth

August 26, 2013 12:15 pm | by The Manufacturers Alliance for Productivity and Innovation (MAPI)

A mid-year survey of senior executives from leading global manufacturers identified a number of major risk factors regarding their growth outlook for 2013 and beyond.                         


Digi-Key Corp. And Sanken Electric Co. Announce Global Distribution Agreement

August 26, 2013 11:58 am | by The Associated Press

Global electronic components distributor Digi-Key Corporation, the industry leader in electronic component selection, availability and delivery, has announced a global distribution agreement with Sanken Electric Co., a leading global supplier of analog power semiconductor products.


Walmart Hosts 'Made-In-America' Summit

August 26, 2013 11:25 am | by Walmart

Nearly 1,500 government officials and suppliers convened at the Walmart U.S. Manufacturing Summit last week to advance American renewal in manufacturing and help rebuild opportunities for America's middle class.           


Grainger Acquires E&R Industrial Sales, Inc.

August 26, 2013 11:17 am | by W.W. Grainger, Inc.

Grainger today acquired E&R Industrial Sales, Inc., a distributor of metalworking, production supplies and MRO materials to manufacturers and industrial customers across the Midwest and Eastern United States, and its subsidiaries.     

Orders For Long-Lasting U.S. Factory Goods Plunge

August 26, 2013 11:03 am | by Christopher S. Rugaber, AP Economics Writer

Orders for long-lasting U.S. factory goods fell sharply last month as demand for commercial aircraft plummeted and businesses spent less on computers and electrical equipment.                     


Kaman Announces $8.6 Million Joint Programmable Fuze Order

August 23, 2013 10:26 am | by Kaman Corp.

The joint programmable fuse allows the settings of a weapon to be programmed on wing in flight and is the current bomb fuze of choice of the USAF. Kaman has been the sole provider of the JPF to the USAF since 2002.       


U.S. New Home Sales Drop 1% In July

August 23, 2013 10:13 am | by The Associated Press

The housing market has been one of the strongest performers this year in an otherwise sluggish economy, helped by steady job gains and low mortgage rates.                


Siemens Receives $400 Million Order For Power Plant In U.S.

August 23, 2013 10:06 am | by Siemens

Siemens will deliver two H-class gas turbines, two steam turbines, two generators, two heat recovery steam generators, as well as the electrical equipment and the control system.            



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