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Today in Distribution

The complete daily resource for distribution professionals

Applications For Jobless Aid Dip To 300K

April 10, 2014 10:44 am | by The Associated Press

The number of people seeking U.S. unemployment benefits dropped to the lowest level in almost seven years, falling 32,000 last week to a seasonally adjusted 300,000.               

GTKonnect Software To Assist Companies Comply With SEC Conflict Minerals Rule

April 10, 2014 10:36 am | by GTKonnect

GTKonnect’s new Conflict Minerals Module will help companies simplify the process for analyzing the origin of minerals – such as tantalum, tin, tungsten, and gold (or “3TG”) – used in their products and report if they have originated in “conflict” countries, says the company.

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MMI Releases Manufacturing Trends For 2014-2015

April 10, 2014 10:29 am | by Michigan Manufacturing International

Jacob Prak, CEO of Michigan Manufacturing International (MMI), provides an overview of manufacturing trends for the coming twelve months.                    

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Barnes Acquisition Helps Boost MSC 2Q Sales 16.2%

April 10, 2014 10:23 am | by MSC Industrial Direct Co., Inc.

Net sales for the fiscal second quarter 2014 were $661.5 million, an increase of 16.2% over net sales of $569.5 million in the same quarter a year ago. The acquired Barnes Distribution North America business contributed $69.8 million to net sales in the fiscal second quarter 2014.

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Airgas Names Thomas R. Stringer President Of Airgas Merchant Gases

April 10, 2014 10:16 am | by Airgas, Inc.

Stringer will lead all aspects of Airgas Merchant Gases and will report to Thomas S. Thoman, Airgas' Division President of Gases Production.                   

Affiliated Distributors Announces Latin America Expansion

April 9, 2014 10:45 am | by Affiliated Distributors

“AD is now open for business in Latin America and we look forward to working with and sharing best practices with the best Independent Distributors and Manufacturers in Mexico, Brazil and Colombia,” said Bill Weisberg, Chairman and CEO of Affiliated Distributors.

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Praxair Starts Up Air Separation Plant in Peru, Expanding Supply

April 9, 2014 10:40 am | by Praxair, Inc.

Under a long-term contract, Praxair will increase its supply of oxygen to Aceros Arequipa, Peru’s largest long steel maker, to meet the company’s expanding steel production capacity. This is Praxair’s third plant serving Aceros Arequipa’s Pisco facility.

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NOV Announces Appointment Of New Director & Spin Update

April 9, 2014 10:33 am | by National Oilwell Varco, Inc.

With the appointment of Ms. Donadio, National Oilwell Varco’s board is now comprised of ten directors, eight of whom are external and independent. The company also anticipates the distribution spinoff to be completed in the second quarter.    

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Employers Advertise More Jobs In February

April 9, 2014 10:16 am | by The Associated Press

The Labor Department said Tuesday that employers advertised 4.2 million job openings, up 7.7 % from January. That's the highest number of postings since January 2008.               

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IMF: World Economy Is Stronger But Faces Threats

April 9, 2014 10:13 am | by Christopher S. Rugaber, AP Economics Writer

The lending organization expects the global economy to grow 3.6% this year and 3.9% in 2015, up from 3% last year. Those figures are one-tenth of a percentage point below the IMF's previous forecasts in January.            

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Oil Rises To Near $103 A Barrel On Ukraine Unrest

April 9, 2014 9:53 am | by Pablo Gorondi, Associated Press

The price of oil edged up closer to $103 a barrel Wednesday amid unrest in eastern Ukraine, even as a report showed a large rise in U.S. crude stockpiles.                 

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White House Targets Gender Pay Gap

April 9, 2014 9:45 am | by Alan Fram & Jim Kuhnhenn, Associated Press

Obama's actions focused exclusively on federal contractors but they dovetailed with the start of Senate debate on broader legislation to make it easier for workers to sue any company for paying women less because of their gender.      

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Bossard Sees American Sales Decline, European Performance Up

April 8, 2014 5:38 pm | by Bossard

In Europe, the positive trend in demand has continued, extending from the second half of 2013 into the new year. Sales increased in local currency by 8.4%, with Bossard reporting growth in virtually all of the company's sales regions.  

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F.W. Webb Recognized By Rayovac For Outpacing Competitors

April 8, 2014 10:15 am | by Rayovac

During the most recent quarter, FW Webb has seen tremendous growth in Rayovac product sales with specific focus on the Virtually Indestructible Industrial Grade lights and by employing central distribution techniques.          

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ARC Group Worldwide Acquires Advance Tooling Concepts & Thixoforming

April 8, 2014 10:04 am | by ARC Group Worldwide, Inc.

ATC is a plastic injection molder, offering complete, turnkey plastic injection molding capabilities, as well as fully-staffed and equipped in-house molding and tooling expertise to customers in high growth markets. Thixoforming is a provider of magnesium injection molding, producing complex, high-density injection molding components from magnesium alloys.

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Accenture & Siemens Form Smart Grid Solutions Venture

April 8, 2014 9:53 am | by Siemens & Accenture

The venture will provide utility companies with advanced smart grid solutions and services focused on data management and systems integration to improve energy efficiency, grid operations, and reliability.         

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KY Governor Forms Automotive Industry Trade Group

April 8, 2014 9:47 am | by The Associated Press

Gov. Steve Beshear said Monday he wants Kentucky to be as synonymous with the auto industry as Detroit. The Democratic governor announced the formation of the Kentucky Automotive Industry Association to promote Kentucky as an automotive hub.  

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Grainger Offers Scholarships For Public Safety Programs

April 8, 2014 9:40 am | by W.W. Grainger, Inc.

Public safety is one of the fastest growing fields of study at community colleges. According to a 2013 report by the National Center for Education Statistics, the number of students choosing homeland security, law enforcement, or fire safety programs increased 174 percent between 2000 and 2011.

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Obama Says Students Need Help Getting 'In-Demand Jobs'

April 8, 2014 9:36 am | by Jim Kuhnhenn, Associated Press

President Barack Obama on Monday announced more than $100 million in grants for two dozen schools across the country that are helping students gain work experience for what he called the "in-demand jobs of the future."              

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Alfa Laval Acquires Frank Mohn AS

April 8, 2014 9:26 am | by Alfa Laval

The acquisition, which strengthens Alfa Laval’s fluid handling portfolio by adding a unique pumping technology, will further reinforce Alfa Laval’s position as a leading supplier to the marine and offshore oil & gas markets.   

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