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Lawson 1Q Sales Up 3%; Company Adds 30 Sales Reps

April 24, 2014 | by Lawson Products, Inc. | Comments

Michael DeCata, president and CEO, commented: “We continued to make progress this quarter as both our total net sales and average daily sales improved over last quarter. Expanding our sales team continues to be a top priority and this quarter we added 30 sales reps ... We plan to continue our sales force expansion."

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Today in Distribution

The complete daily resource for distribution professionals

2013 Big 50 List

September 1, 2014 2:46 pm | by Industrial Distribution Staff

The Big 50 list highlights a group of companies who are aggressive and progressive. This year's list shows a significant amount of revenue growth, more than typical amounts of consolidation, and even a notably absent name (Barnes Distribution, now a part of MSC). It’s a tough marketplace, and the strong survive and thrive. If anything in these pages inspires confidence, we hope it’s the leadership of an industry that refuses to slow down.

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Caterpillar 1Q Profit Climbs 5%, Forecast Rises

April 24, 2014 10:09 am | by Tom Murphy, AP Business Writer

Caterpillar's first-quarter earnings climbed 5%, and the construction equipment maker raised its 2014 forecast. But the company also said Thursday that a mining equipment sales slump is still hurting results.             

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3M 1Q Results Improve, But Miss Wall Street's Forecast

April 24, 2014 9:59 am | by 3M

The maker of products from Post-it notes to industrial coatings and ceramics said Thursday that it earned $1.21 billion, or $1.79 per share, for the three months through March 31. A year earlier it earned $1.13 billion, or $1.61 per share.   

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DDI System Appoints Aung Latt As VP Of Corporate Strategy

April 24, 2014 9:35 am | by DDI System

Aung Latt has been in the distribution industry for over 20 years, most recently as a Strategic Account Executive for Infor. Prior to that, Aung held multiple roles within the Prophet 21/Activant/now Epicor organizations.             

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EPA Scales Back Biofuel Mandate

April 24, 2014 9:31 am | by Dina Cappiello, Associated Press

The Obama administration is significantly reducing the amount of cellulosic biofuels refiners will have to prove they blended into gasoline last year, acknowledging that the market lagged far behind government projections.     

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Avnet 3Q Sales Up 6.1%

April 24, 2014 9:29 am | by Avnet

Avnet's reported sales increased 2.0% year over year to $2.6 billion and organic sales decreased 2.5% in reported dollars and 1.9% in constant currency.                  

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Ingersoll Rand 1Q Revenues Increased 3%

April 23, 2014 1:49 pm | by Ingersoll Rand

The company's reported revenues increased by 3% to $2,723 million, compared with revenues of $2,639 million for the 2013 first quarter. Total U.S. revenues were up 3% compared to 2013, and revenues from international operations also increased 3% (up 4% excluding currency).

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Lincoln Electric Sales Down 4.7% In 1Q

April 23, 2014 9:59 am | by Lincoln Electric

Sales decreased 4.7% to $685.1 million in the first quarter 2014 versus $718.6 million in the comparable 2013 period. This decrease reflects the benefit from acquisitions, which was offset by lower volumes and unfavorable foreign exchange translation.

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ITW Organic Revenue Up 3.3%

April 23, 2014 9:54 am | by Illinois Tool Works

Total revenues grew 4% to $3.6 billion and operating income increased 16% to $667 million. Organic revenues increased 3.3%, with international growing 6.3% and North America increasing 1.0%.              

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IHS: Chemicals Will Be Fastest Growing Industry In Middle East For Next Three Years

April 23, 2014 9:49 am | by IHS

Driven by U.S. shale competition and changing feedstock mix, investments in technology and integration will help the chemical industry in the Middle East diversify, maintain growth, and expand job creation, says IHS.         

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Praxair 1Q Sales Up 5%

April 23, 2014 9:45 am | by Praxair, Inc.

Sales in the first quarter were $3,026 million, 5% above the prior-year quarter, and up 9%, excluding foreign currency. Organic sales grew 6% driven by higher on-site volumes from new project start-ups primarily in North America and Asia.  

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POOL4TOOL Announces Partnership With riskmethods

April 23, 2014 9:42 am | by POOL4TOOL

All risk-relevant information about suppliers, locations, and supply chains from the riskmethods “Supply Risk Network” will now be channeled into POOL4TOOL’s “All-in-One Supplier Collaboration” platform.               

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NAED Names 2014-2015 Board of Directors

April 23, 2014 9:38 am | by NAED

Maureen Barsema, vice president, Business Administration, Buffalo Grove, IL-based City Revere Electric Supply, will become the 2014-2015 NAED chair at the conclusion of the National Meeting held April 26-29 in San Francisco.       

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Eyefreight Enters Latin America With Expansion Into Brazil

April 23, 2014 9:35 am | by Eyefreight

This initiative follows Eyefreight’s recent North American expansion, setting up U.S. headquarters in Evanston, IL for one of the fastest growing TMS providers in Europe.               

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GM To Add 35 Product Safety Investigators

April 22, 2014 5:14 pm | by Dee-Ann Durbin, AP Auto Writer

GM said Tuesday that the new investigators will more than double the size of its current team, to 55. The company is also dividing its global engineering operations and placing a greater emphasis on whole vehicles, and their safety, instead of on individual parts.

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Metalforming Companies Anticipate Steady Business In Coming Three Months

April 22, 2014 5:11 pm | by Precision Metalforming Association

The April report shows that 36% of participants predict that economic activity will improve during the next three months (compared to 38% in March), 58% expect that activity will remain unchanged (up from 54% last month), and 6% believe that economic activity will decline (down from 8% in March).

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Olympus Partners To Acquire Pregis Corp. North America

April 22, 2014 11:02 am | by Olympus Partners

In North America, Pregis operates 14 facilities producing a variety of protective packaging products and value added system solutions. Pregis partners with industrial and packaging distributors, fabricators, and specialty suppliers to deliver customer-driven solutions to a wide variety of end use markets.

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Evergreen Marketing Group Recognizes Suppliers Of The Year

April 22, 2014 10:57 am | by The Evergreen Marketing Group

The awards were created to recognize the top distributors and manufacturers based on multiple criteria. Distributors and manufacturers were first divided into three tiers based on size. Within each tier, the distributors and manufacturers were then ranked based on a number of criteria including: contribution to the group, growth, participation, and member and supplier input.

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HWCC Expands Baton Rouge Facility

April 22, 2014 10:50 am | by Houston Wire & Cable Company

Houston Wire & Cable Company announced that it has expanded its Baton Rouge electrical wire and cable distribution center. Doubling the size of the facility will allow HWCC to better support the needs of customers in the gulf coast region.  

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Transport & Logistics Company Werner Enterprises Revenue Remains Flat In 1Q

April 22, 2014 10:48 am | by Werner Enterprises, Inc.

While first quarter 2014 freight demand showed the strongest first quarter performance in 10 years, several factors - including fluctuating fuel prices and severe weather - contributed to a somewhat unstable marketpace in the first quarter.    

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