Schlumberger CEO Paal Kibsgaard commented, “Growing new technology sales and expanding integration activity drove our first-quarter results despite the severe winter weather that impacted operations in Russia, China and North America."
As of the first quarter 2014, PPG has adopted a new reportable-...
Blackhawk is a manufacturer of specialist composite materials with facilities in Bloomington, CA...
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.
The president of General Motors said Sunday that the company and local partners are boosting production capacity for GM-brand vehicles in China to 5 million.
During the first quarter of the year, 31% of businesses surveyed reported higher material costs, more than double the 15% that saw costs rise in the previous survey.
Biofuels made from the leftovers of harvested corn plants are worse than gasoline for global warming in the short term, a study shows, challenging the Obama administration's conclusions that they are a much cleaner oil alternative and will help combat climate change.
The Conference Board said Monday that its index of leading indicators increased 0.8% in March after a 0.5% rise in February and modest 0.2% gain in January. It was the best showing since a 0.9% gain in November.
Danaher Corporation announced that Executive Vice President Thomas P. Joyce, Jr. will succeed H. Lawrence Culp, Jr. as President and Chief Executive Officer upon Culp's retirement on March 1, 2015. Culp will continue at Danaher in an advisory role into the first quarter of 2016.
Commented Chris Killingstad, Tennant Company's president and chief executive officer: “We are pleased to report record revenues for the first quarter and double-digit organic growth, with higher sales across all of our geographies."
Currently, Floridians are supposed to pay taxes for online purchases, but there's no way to enforce the law. The state can't force companies like Amazon to collect the tax unless it has a physical presence, such as a warehouse or store.
Sales of $787.5 million increased $45.8 million, or 6.2%, from 2013 levels; excluding $15.2 million of acquisition-related sales and $5.9 million of unfavorable foreign currency translation, organic sales increased 5.0%.
As Handheld US’s vertical sales manager, Jeff Watkin will be responsible for building and supporting Handheld’s partner network in numerous industries, including utilities, construction, and manufacturing.
Online resources, cost savings promotions, and the “Huddle Savings” program also enable companies to save big on their operational and business expenses.
Throughout the remainder of 2014, United Stationers will host several Cleaning & Breakroom Sales Boot Camp and Supplier Summits. This series of two-and-a-half day events taking place in various locations around the country is aimed at helping resellers capture new sales growth in the JanSan category.
The positive sentiment about the prospects of U.S. commerce in the next 12 months reached the highest level since the fourth quarter of 2005. Conversely, optimism regarding the prospects of the world economy lessened during the first quarter as U.S. industrial manufacturers remained cautious on the global stage.
As China's growth inexorably slows, manufacturers such as Linan Meite Cable are discovering that being an efficient low-cost producer is no longer enough to prosper.
The acquisition complements the geographic footprint of ESAB, as well as expands ESAB's product portfolio into new segments and applications. It brings together two leading organizations with world-class products, technologies, and R&D.
Joe Hayek has joined Worthington Industrial as vice president of mergers & acquisitions and corporate development, a newly created position focused on identifying and acquiring new businesses.
Albert H. Nahmad, Watsco’s President & CEO stated: “Watsco delivered another solid quarter of performance driven by sales growth, higher selling margins and improved operating efficiencies ... We are off to a strong start and believe 2014 will be a record year for our company.”
Although both will remain part of the 'Fastenal family' as mentors, advisors, and friends, their retirement marks the end of their official roles with the organization they helped build from a small-town fastener shop into a multibillion-dollar global business.
The ISA Manufacturer Index rose from 63.2% in February to 66.0% in March, while the Distributor Index increased from 59.2% in February to 65.0% this month. The Indexes have been above 50% since December 2012.
Overall trading has been consistent with expectations at the time of the annual results announcement in February. Acquisition growth continues to be a key part of the company’s strategy and Bunzl announced that it has completed three further acquisitions in Chile, the US and New Zealand.