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STAFDA Announces Convention Keynote Speakers, Theme

March 30, 2015 | by Mike Hockett, Associate Editor | Comments

The 39th annual convention's general session will include the Associated State-Of-The-Industry address from a prominent industry figure, along with a keynote delivered by three "shark" investors.

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Today in Distribution

The complete daily resource for distribution professionals

Steel Industry Gathers Before Congress

March 27, 2015 12:47 pm | by Maura Falk, Associate Editor

Voicing their concerns about domestic steel procedures, trade policies, and plant closures, U.S. Steel Corp. President and CEO Mario Longhi was one of the industry leaders to testify in front of the Congressional Steel Caucus Thursday.

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Apex Power Tools Opens New U.S. Service and Aftermarket Facility

March 27, 2015 12:06 pm | by Apex Tool Group

At 28,000 square feet, the new service center is being created to consolidate the company’s U.S. service centers into one convenient location.

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RBC Bearings Acquires Sargent Aerospace & Defense For $500M

March 27, 2015 10:23 am | by RBC Bearings

Expected to close in Q2 2015, the addition fortifies RBC's defense and aerospace trade as a brand with annual sales of approximately $195 million.

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Wesco Aircraft Appoints Interim CFO

March 27, 2015 9:56 am | by Mike Hockett, Associate Editor

Company vice president and global controller K. Lynn Mackson steps into the interim role until a permanent CFO is in place, while a search also continues for a permanent new CEO.

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Airgas To Build $64 Million Plant In Tuscaloosa

March 27, 2015 9:26 am | by Mike Hockett, Associate Editor

Construction is slated to start in September, and Airgas plans to open the plant in April 2017.

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Jason Industries Acquires Herold Partco Assets

March 26, 2015 3:52 pm | by Jason Industries

The acquisitions gains Jason Industries a manufacturer of industrial brushes, as Herold Partco's equipment will be relocated to Jason Finishing Group's Richmond, IN plant by the end of the month.

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MAPI U.S. Industrial Outlook: Strong Dollar Offsets Low Energy Prices

March 26, 2015 2:53 pm | by MAPI Foundation

MAPI's research forecasts a higher 2015 manufacturing growth percentage than originally anticipated, while 2016's outlook was lowered.

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WinWholesale Opens Miami, FL Winsupply

March 26, 2015 11:42 am

The new location supplies the Miami, FL region with an inventory of plumbing products, supplies, and services.

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Ferguson Acquires Equarius

March 26, 2015 10:29 am

The acquisition grows Ferguson Waterworks' utility footprint in California.

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Valin Corp. Becomes Authorized Distributor For ASCO Numatics

March 26, 2015 9:49 am | by Valin Corporation

The development makes Valin the largest stocking distributor of ASCO Numatics in the western United States.

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Republican Lawmakers Target 'Micro-Unions'

March 26, 2015 9:41 am | by Andy Szal, Digital Reporter

Sen. Johnny Isakson reintroduced his Representation Fairness Restoration Act last week with 12 Republican co-sponsors. It's just the latest opposition from the party against NLRB policy.

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H.B. Fuller Reports Q1 Sales Drop, Lowers Outlook

March 26, 2015 9:15 am | by Mike Hockett, Associate Editor

Despite recent acquisitions adding to the company's product offering for 2015, H.B. fuller said the growing strength of the U.S. dollar will continue to have a considerable negative currency impact on it.

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U.S. Durable Goods Orders Fell 1.4 Percent In February

March 25, 2015 10:46 am | by Martin Crustinger, AP Economics Writer

The weakness in February was widespread, with weaker demand for commercial aircraft, autos and machinery. The result adds to a slew of disappointing data from recent economic indicators.

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IBC Advanced Alloys Subsidiary Receives Purchase Order From Kaman Corp.

March 25, 2015 9:55 am | by IBC Advanced Alloys Corporation

IBC Engineered Materials Corp. will supply Kaman Corp. critical imaging system components that will be used on U.S. naval and foreign military tactical aircraft.

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TriMas Announces Cequent Americas Leadership Change

March 24, 2015 3:26 pm | by TriMas

The change leads into Trimas' pursuit to spin-off 100 percent of the Cequent businesses into a new stand-alone company, targeted to compete mid-2015.

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Graybar Acquires Advantage Industrial Automation

March 24, 2015 12:47 pm | by Mike Hockett, Associate Editor

Advantage provides control and automation solutions to industrial users, OEMs, and system integrators. It has six locations in the southeastern United States.

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Coastal Welding Supply Opens 7th Texas Location

March 24, 2015 10:53 am | by Mike Hockett, Associate Editor

Coastal Welding Supply provides industrial and specialty gases and supplies, welding and safety products, brand-name tool lines, and more. It now has eight locations overall.

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HD Supply Takes $93M Loss In Q4

March 24, 2015 10:37 am | by Mike Hockett, Associate Editor

A considerable loss on extinguishment and modification of debt dragged down HD Supply's profit, even though its Waterworks, Power Solutions, and White Cap segments each showed healthy sales growth in Q4 and for the year.

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Wolseley Posts H1 Loss Despite Strong U.S. Growth

March 24, 2015 9:53 am | by Mike Hockett, Associate Editor

Overall sales still grew better than 10 percent, offset by impairment losses, while the company said that its e-commerce business now makes up 13 percent of the group's revenue.

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IDC-USA Adds BK Industrial To Network

March 23, 2015 3:21 pm | by IDC-USA

Headquartered in Beaumont, TX and organized in the winter of 2014, BK Industrial Solutions is a distributor of industrial motors, bearings, and other power transmission equipment to the MRO market.

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