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Anixter Third Quarter Sales Up 7 Percent

October 28, 2014 | by Anixter International | Comments

Anixter, No. 6 on Industrial Distribution's Big 50 List, had growth that included a 7.2 increase for sales of fasteners in North America.                                 

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Today in Distribution

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Applied Reports Quarterly Sales Increase, Elects Independent Chairman

October 29, 2014 9:01 am

Net sales for the quarter grew 16 percent over the same quarter last year and net income increased to $29.1 million, from $26.8 million.                    


North American Tool VP Receives American Eagle Award From ISA

October 28, 2014 2:38 pm

The ISA American Eagle was presented to Bowersock on behalf of North American Tool Corporation and IBC at the 2014 IBC National Meeting in Rosemont, IL on Oct. 19.                         


Fed Will Likely Signal No Rate Hike Anytime Soon

October 28, 2014 1:42 pm | by Martin Crutsinger, AP Economics Writer

Thanks to a strengthening economy, few foresee any major policy changes when the Federal Reserve is done meeting this week.                                   


Gibraltar Q3 Sales Up 8 Percent; Announces New President

October 28, 2014 12:56 pm | by Gibraltar Industries

Year-to-date sales for the company were up 3 percent as Frank Heard gears up to become President and CEO effective Jan. 1.                                     


Digi-Key’s 2014 European Sales Revenue Hits Record Levels

October 28, 2014 12:12 pm | by Digi-Key

The global electronic components distributor had exceptionally strong growth in Europe, averaging 26 percent growth year-over-year across the entire region.                           


Sandvik To Divest Power Spring Business In U.S. And Mexico

October 28, 2014 11:50 am | by Sandvik

The divestment is in line with Sandvik Materials Technology’s strategy to focus more towards the energy segment.                                       


Now In Aisle 3 At Lowe's: Robots

October 28, 2014 11:41 am | by Mae Anderson, AP Technology Writer

Lowe's is testing whether new bots on wheels can improve its customer service, like helping a shopper find a match for something as simple as a nail.                             


Columbus McKinnon Expands Training Offering To Include NCCCO Certification Program

October 28, 2014 11:31 am | by Columbus McKinnon

The company will offer NCCCO written and practical exams for overhead crane operators starting in November.                                         


U.S. Durable Goods Fell 1.3 Percent In September

October 28, 2014 10:10 am | by Martin Crutsinger, AP Economics Writer

The declines were likely a temporary soft patch that will likely be followed by a resumption of stronger growth.                                       


MagneGas Acquires Equipment Sales And Service

October 27, 2014 4:12 pm | by MagneGas Corporation

The purchase of ESSI will allow more rapid market penetration to grow recurring sales of MagneGas fuel while offering a wider range of services to industrial, metalworking, and fabrication customers.           


How To Stay Compliant With OSHA's New GHS Rules

October 27, 2014 3:32 pm | by Chris Palmisano

Besides training employees on the new GHS (Global Harmonization System) labeling elements, new pictograms, and the new SDS (Safety Data Sheet) format, there are more important challenges to compliance, that many employers and Safety Managers may not even realize.


Middle Market Tax Burden Rising, Threatening Job Growth

October 27, 2014 12:36 pm | by McGladrey LLP

More than half of the 79 percent of middle market firms that had to cut their workforce in 2013 reported the "fiscal cliff" law contributed to that decision.                           


Interline Brands Ups Sales 5 Percent In Third Quarter

October 27, 2014 11:17 am | by Interline Brands

According to Interline, continued investments in key areas like e-commerce and marketing, product merchandising, sales force training, and supply chain programs are improving the company's results.             


Obama Taking More Action To Push Manufacturing

October 27, 2014 10:23 am | by Associated Press

The White House announced executive actions Monday as part of the day's focus on manufacturing, which administration officials consider one of the bright spots of the economic recovery.                   


Barnes Group Sales Up 18 Percent In Q3

October 27, 2014 9:10 am | by Barnes Group

Earnings jumped 62 percent on increased sales from the acquisition of Männer that closed late last year and higher margins in its aerospace and industrial businesses.                     


PolyFlex Products Merges With Age Empaques de Mexico

October 24, 2014 1:29 pm | by PolyFlex Products de Mexico

The new entity, PolyFlex Products de Mexico, is headquartered in Monterey, CA with 16 manufacturing and distribution centers in Mexico and the southwest U.S.                           


Industrial Supply Makes $20K Donation To Utah Food Bank

October 24, 2014 1:16 pm | by Industrial Supply Co.

The donation represented the proceeds from Industrial Supply’s annual charity golf event, held on Aug. 13 at the Homestead Resort in Midway, Utah.                             


Wurth Group Extends Partnership With NASCAR's Penske

October 24, 2014 12:24 pm | by Wurth Racing

Under the terms of the new agreement, the industrial supplier giant will be a primary sponsor of the No. 2 Team Penske Ford Fusion for three 2015 NSCS races.                           


U.S. Industrial Vacancy Rate Lowest In More Than A Decade

October 24, 2014 12:04 pm | by Cushman & Wakefield

Research shows significant space absorption, which coupled with historically low supply, is driving strong rent growth in most major industrial hubs.                             


Procter & Gamble Spinning Off Duracell

October 24, 2014 11:53 am | by Michelle Chapman & Candice Choi, AP Business Writers

The world's largest consumer products maker, which acquired Duracell in 2005, has been trimming its product lineup to focus on its top performers.                             



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