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The complete daily resource for distribution professionals

SupplyCore To Provide Worldwide C130 Aftermarket Support

September 20, 2013 4:20 pm | by SupplyCore

As part of this program, SupplyCore will operate a storefront facility in the C-130 Propeller Shop at Warner Robins AFB, GA. SupplyCore, a small business, has a robust infrastructure, state-of-the-art information technology systems, warehousing and logistics solutions maximizing efficiencies to provide the best customer service.

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Senate Passes Bill To Avert Helium Shortage

September 20, 2013 4:18 pm | by Matthew Daly, Associated Press

The Federal Helium Program, which provides about 42 percent of the nation's helium from a storage site near Amarillo, TX, is set to shut down Oct. 7 unless lawmakers intervene. The shutdown is a result of a 1996 law requiring the reserve to pay off a $1.3 billion debt by selling its helium.

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The Distributors Fee-Based Services Manifesto: Why You Need To Consider Charging For Services

September 20, 2013 2:42 pm | by Frank Hurtte

Distributor expert Frank Hurtte believes the time to start charging for service has arrived. Distributors can stake a position to some imaginary high ground and insist their customers, markets and competitors are different, but the big bad wolf of megatrends is huffing, puffing, and about to blow their house down.

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U.S. Home Sales Hit 6 1/2 Year High, Could Slow Soon

September 19, 2013 3:45 pm | by Christopher S. Rugaber, AP Economics Writer

Sales of previously occupied homes rose 1.7 percent to a seasonally adjusted annual rate of 5.48 million in August, the National Association of Realtors said Thursday. That level is consistent with a healthy market.      

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Eagle Ford Pipeline To Expand, Increase Capacity

September 19, 2013 3:43 pm | by Plains All American

The Eagle Ford JV Pipeline system, most of which is currently in service and expected to be completed by September 30, 2013, is a 50/50 joint venture between Plains and Enterprise that serves the Three Rivers and Corpus Christi refineries and other markets via marine transport facilities at Corpus Christi.

Fed Downgrades Its Outlook For U.S. Economy

September 19, 2013 3:39 pm | by Christopher S. Rugaber, AP Economics Writer

The Fed predicted Wednesday that the economy will grow just 2 percent to 2.3 percent this year, down from its previous forecast in June of 2.3 percent to 2.6 percent growth.             

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USG Announces Executive Organizational Changes

September 19, 2013 3:37 pm | by USG Corporation

Christopher R. Griffin, previously EVP Operations is appointed EVP and COO, USG Corporation. Jennifer F. Scanlon, previously VP, USG Corporation and President, International, is appointed SVP, USG Corporation and President, International.  

MAPI: Return To Moderate Growth

September 19, 2013 3:34 pm | by MAPI

MAPI forecasts that manufacturing production will increase 2.2 percent in 2013, a deceleration from the 3.1 percent forecast in June 2013. A pickup is likely in 2014, with growth anticipated to be 3.2 percent; that forecast is down from 3.6 percent in the previous report.

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Siemens Inaugurates Wind Service Training Center In U.S.

September 19, 2013 10:32 am | by Siemens Energy

The new $7 million facility is an important milestone for Siemens as the company’s wind service business continues to grow and the need for skilled technicians increases. Siemens currently provides service and maintenance for more than 3,000 installed turbines in the Americas region and 6,800 globally.

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CMMD Enterprises Joins IBC As An Independent Distributor

September 19, 2013 9:59 am | by IBC

CMMD Enterprises, Inc. offers MRO parts, equipment, supplies, and services to support critical maintenance management programs in the aerospace, defense, water/wastewater, and energy industries.          

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Obama Announces $474M In Grants To Colleges For Training Programs

September 19, 2013 9:57 am | by U.S. Department of Labor

The grants are part of the Trade Adjustment Assistance Community College and Career Training grant program, a multiyear, nearly $2 billion initiative to expand targeted training programs for unemployed workers, especially those impacted by foreign trade.

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CEOs Less Optimistic About The U.S. Economy

September 19, 2013 9:53 am | by Joseph Pisani, AP Business Writer

U.S. chief executives are less optimistic about the economy, according to a survey released Wednesday. The survey also indicates that disagreements over the 2014 budget and raising the debt ceiling in Washington are making them cautious about hiring.

ISA Economic Indicator Fell In August

September 19, 2013 9:48 am | by Industrial Supply Association

The Industrial Supply Association released their Economic Indicator Report for July. Both the Manufacturer Index and the Distributor Index fell from July to August.                

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Klein Tools Partners With Mumme Tools, Enters Australian Market

September 18, 2013 10:18 am | by Klein Tools

Klein and Mumme entered into a partnership to combine Klein Tools' superior line of professional hand tools with Mumme's large distribution network to increase each company's respective market share.         

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FedEx Reports Higher YOY Results; 2014 Rate Increases

September 18, 2013 10:10 am | by FedEx

FedEx reaffirmed its forecast of full-year earnings per share growth of 7% to 13% from last year’s adjusted results.The company also released rate increase schedules for the various segments.           

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Industrial Supply Company’s CEO To Serve On AD Board Of Directors

September 18, 2013 10:03 am | by Industrial Supply Company

Chris Bateman has been with Industrial Supply Company since 1982 and most recently served as the Senior Vice President of sales where he developed the sales channels and long-term contracts for Industrial Supply.       

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Business Leaders: It Makes Sense To Put Jobs In U.S.

September 18, 2013 9:47 am | by Matt Gouras, Associated Press

Business leaders from Oracle Corp., Ford Motor Co. and The Boeing Co. said Tuesday their companies have found that it makes sense to bring jobs back to the United States — even to smaller cities in places such as Montana.     

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Insite Software Expands Management Team

September 18, 2013 9:45 am | by Insite Software

Steve Shaffer, chief executive officer of Insite Software, commented: “We’re phenomenally excited to welcome Pete and Jon to the Insite team, who both have extensive experience in delivering implementation services and support for millions of users."

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Obama Warns GOP Against Creating 'Economic Chaos'

September 17, 2013 10:12 am | by Jim Kuhnhenn, Associated Press

"I cannot remember a time when one faction of one party promises economic chaos if it can't get 100 percent of what it wants," Obama said, contending that the stance of some conservative lawmakers amount to just that.      

Air Products Announces North American Price Increase

September 17, 2013 9:56 am | by Air Products

As contracts permit, Air Products will increase product pricing and monthly charges for merchant customers in North America, including a potential 20% increase for argon, hydrogen, and carbon monoxide.        

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