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Today in Distribution

The complete daily resource for distribution professionals

BDI Acquires Bearing Sales Inc.

November 8, 2012 10:10 am | by BDI

The acquisition included three separate businesses with distinct locations: Bearing Sales of Great Falls, MT (newly designated BDI Branch 112); Columbia Bearing of Moses Lake, WA (designated BDI Branch 110); and Northwest Bearing of East Wenatchee, WA (designated BDI Branch 111).

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Houston Wire & Cable Announces Fourth Quarter Dividend

November 8, 2012 9:42 am | by Houston Wire & Cable Company

Houston Wire & Cable Company today declared a cash dividend of $0.09 per share on the Common Stock, payable November 29, 2012. The Company continues sharing its success with shareholders as this fourth quarter dividend marks the twenty-second payment since the dividend initiation in August 2007.

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Fastenal October Sales Rise 16.9%

November 8, 2012 9:40 am | by Fastenal

Fastenal Company released the numbers for their October sales month, noting that sales rose 16.9% year over year. Net sales in October 2012 were $288,540, up from 246,735 in the same month of 2011. There were two less business days in October of 2012, relfecting a daily sales change of -6.8%.

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Kaman Announces New Officer, Declares Dividend

November 8, 2012 9:20 am | by Kaman Corp.

Richard S. Smith, Jr. has been named Vice President, Deputy General Counsel and Assistant Secretary reporting to Shawn G. Lisle, Senior Vice President and Deputy General Counsel. The dividend will be paid on January 8, 2013 to shareholders of record on December 24, 2012.

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Sempermed Announces Two New Territory Managers

November 7, 2012 11:14 am | by Sempermed

Sempermed is pleased to announce two new members of the Acute Care sales team, Marcia Currie and Amanda Kimball. Based out of the Greensboro area, Marcia is now the Territory Manager for North Carolina, South Carolina and Southern Virginia. Based out of Houston, Amanda is now the Territory Manager for Southern Texas and Southern Louisiana.

DXP Enterprises Sales Rise 39.5 Percent

November 7, 2012 10:05 am | by DXP Enterprises

Net income was $13.1 million for the third quarter. Sales increased $82.1 million, or 39.5%, to approximately $289.9 million from $207.9 million for the same period in 2011. After excluding sales from acquisitions, sales increased 7.4% from 2011, on a same store sales basis.

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Sandy-Battered NYC, NJ Prepare For New Storm

November 7, 2012 9:55 am | by Colleen Long & Tom Hays, Associated Press

Residents of New York and New Jersey who were flooded out by Superstorm Sandy waited with dread Wednesday and heard warnings to evacuate for the second time in two weeks as another, weaker storm spun toward them and threatened to inundate their homes again or simply leave them shivering in the dark for even longer.

BlackHawk Industrial Selects Epicor Wholesale Distribution ERP

November 7, 2012 9:53 am | by Epicor

The Epicor solution will provide BlackHawkIndustrial with a scalable business management system for 420 users initially, incorporating a Microsoft Windows-based platform and SQL Server database to improve warehouse, order and inventory management; purchasing automation; financial management; and reporting and business intelligence analysis.

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U.S. Factory Orders Rise 4.8% In September

November 6, 2012 9:05 am | by Martin Crutsinger, AP Economics Writer

The Commerce Department says factory orders rose 4.8 percent in September compared to August, a month when orders had fallen 5.1 percent. The September gain was the biggest since March 2011 and was driven by a surge in demand for commercial aircraft, a volatile category which had seen orders plunge in August.

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Barnes Distribution Showcases New 2012-2013 Digital Master Catalog

November 5, 2012 4:37 pm

Barnes Distribution, a business of Barnes Group Inc , and the leader in vendor-managed inventory for maintenance, repair and operating parts and supplies, released the digital version of its 2012-2013 master catalog. The new digital catalog includes a fully searchable index by keyword and part number to deliver rapid search results.

PTDA Presents Prestigious Warren Pike Award To Barbara J. Ross

November 5, 2012 4:13 pm

The Power Transmission Distributors Association (PTDA) has named Barbara J. Ross, vice president sales and marketing, Timken Drives LLC, the 23rd recipient of its Warren Pike Award for lifetime achievement in the power transmission/motion control (PT/MC) industry.

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Penfund Announces Acquisition of Jet Equipment & Tools Ltd.

November 5, 2012 8:34 am

Headquartered in Vancouver, British Columbia, JET is a Canadian wholesale distributor and marketer of branded professional tools, material handling equipment, automotive and heavy duty lifting equipment, abrasives and outdoor power equipment.

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A State-By-State Look At Sandy's Effects

November 2, 2012 3:30 pm | by The Associated Press

The massive storm that started out as Hurricane Sandy slammed into the East Coast and morphed into a huge and problematic system, killing at least 94 people in the United States. Power outages now stand at more than 3.6 million homes and businesses, down from a peak of 8.5 million. Here's a snapshot of what is happening, state by state.

Superior Abrasives Acquired By PFERD Parent Company

November 2, 2012 3:18 pm | by PFERD, Inc.

Superior Abrasives LLC will be owned by the Rüggeberg Group, Germany. PFERD INC. and Superior Abrasives LLC will continue to operate independently of one another. Superior President, Mrs. Lynne Henson, will remain with Superior headquarters and manufacturing facility which will remain in Dayton, Ohio.

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Wolseley To Buy And Integrate 22 Burdens Sites

November 2, 2012 3:11 pm | by Wolseley plc

Wolseley plc has agreed to acquire the property, stock and vehicle assets of 22 sites from Burdens Limited, one of the leading suppliers of drainage and civil engineering products in the UK.  The sites generated revenue from ongoing business in the 3 months ended 30 September 2012 of approximately £40 million.

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Bell Becomes Exclusive IT Outsource Provider for Shale-Inland

November 2, 2012 12:05 pm | by Bell Techlogix

Bell will provide full IT operations outsourcing and managed services across the entire IT infrastructure, driving operational efficiencies in the data center, managing all desktops, delivering service desk support to end-users and optimizing and securing the environment for mobile workers.

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JDA and RedPraire To Merge, Establish Global Enterprise Software Company

November 2, 2012 10:02 am | by JDA & RedPrairie

To address ever-increasing complexities, manufacturers and retailers increasingly seek best-of-breed solutions and specialized domain expertise for planning and execution. JDA’s heritage of pioneering market-leading supply chain planning, merchandising and pricing solutions is a perfect strategic fit with RedPrairie’s heritage in warehousing, workforce management, store operations and e-commerce.

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CGA & GAWDA Announce Inaugural Distributor Safety Award

November 2, 2012 9:58 am

Sponsored by Compressed Gas Association and the Gases and Welding Distributors Association this annual awards program was initiated to honor GAWDA Distributor member companies that have shown the greatest improvement in safety performance during the previous two years and is based upon the total recordable case incidence rates as defined by the Occupational Safety and Health Administration.

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Applied Industrial Technologies Acquires HyQuip, Inc.

November 2, 2012 9:55 am | by Applied Industrial Technologies

Founded in 1989, HyQuip operates two locations in Waukesha and Butler, Wisconsin, with an employee team of 19. In addition to the products named above, the company produces hose assemblies and custom kits for fluid conveyance applications, and also provides inventory management, stocking programs and other value-added services.

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Exasperation Builds On Day 3 In Storm-Stricken NYC

November 1, 2012 5:58 pm | by Leanne Italie & Meghan Barr, Associated Press

Frustration — and in some cases fear — mounted in New York City on Thursday, three days after Superstorm Sandy. Traffic backed up for miles at bridges, large crowds waited impatiently for buses into Manhattan, and tempers flared in gas lines.

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