Sales of $2.4 billion increased 5% versus $2.3 billion in the first quarter of 2013. Net earnings for the quarter increased 2% to $217 million versus $212 million in 2013. Earnings per share of $3.07 increased 4% versus $2.94 in 2013.
Overall trading has been consistent with expectations at the time of the annual results...
Within the Johnson Controls portfolio, Air Distribution Technologies will be aligned under the...
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.
Atlas Copco’s U.S.-based Quincy Compressor LLC has agreed to acquire the compressor business of National Pump & Compressor Ltd. and McKenzie Compressed Air Inc. in the United States.
The company's sales in the first quarter in local currencies increased by 4.4% in Europe, by 2.9% in North America, by 4.1% in Latin America, by 10.6% in Asia and by 21.4% in Middle East and Africa.
These two acquisitions bring two new product lines to Tennsco: SpacePro mobile shelving and Kompakt Systems mobile shelving. All three companies have a long history of successful partnering, making this merger a natural progression.
With 2013 pro-forma sales of approximately $2.5 billion, Motorola's Enterprise business is an industry leader in mobile computing and advanced data capture communications technologies and services.
About 125 employees in a variety of sales and service roles joined Quincy Compressor from NPC and McKenzie. The acquired branches now form Quincy’s direct sales and service centers in Texas, which ranks as one of the largest and most rapidly growing economies in the United States.
Saint-Gobain sold its entire stake in Verallia North America to the Ardagh group based on an enterprise value of US$ 1,694 million (€1,275 million). The transaction will reduce the group’s net debt by an estimated €925 million and follows the agreement reached with the US anti-trust authorities.
The third annual UnleashWD innovation summit will continue its effort to promote innovation and fresh ideas in the wholesale distribution industry on Oct. 29-30 in Chicago. Andrew Berlin, the CEO of Berlin Packaging and the owner of the minor league baseball team the South Bend (Ind.) Silver Hawks, will serve as one of the keynote speakers.
February U.S. manufacturing technology orders totaled $354.40 million according to AMT - The Association For Manufacturing Technology. This was down 6.6% from January and down 6.2% when compared with the total of $377.82 million reported for February 2013.
Hisco and its customers achieve cost savings in a number of ways, including changes to the manufacturing process, product handling optimization, logistics efficiencies, pricing efficiencies, and stocking planning.
With the new experience centers, both small businesses and consumers are able to learn more about 3D printing through demonstration areas where they can use design software and see 3D Systems printers in action.
The intense day of business meetings was broken up by an award luncheon where NetPlus founder Dan Judge introduced his daughter, Jennifer Murphy, the recently appointed president of NetPlus. Jennifer is the fifth generation to lead the family-owned business, which has industrial roots dating back to 1885.
Written by industrial distributors and manufacturers, the course is organized into four modules, with each module featuring 15-20 quick, single topic lessons. Modules cover the basics of industrial distribution: ID Fundamental Organizational Overview, Operations Overview, Customer Service & Sales, Marketing, and Profitability.
Premier Oil Services, a provider of motors to the hydraulic fracturing industry, has acquired 100% of Perfect Metals USA for 9,000,000 shares of its common stock.
This partnership is designed to enhance customer field support by combining Draeger’s portfolio with United Central’s comprehensive sales and support network.
Headquartered in Lindsay, Texas, National Tooling Products provides off-the-shelf cutting tools and MRO supplies, as well as a customized cutting tools. Monster Tool produces high-performance, low-cost, carbide cutting tools that are 100% Made in the USA, says IBC.
"With expanded investment, comes expanded expectations - in July 2013 we grew average daily sales over the same month in the preceding year in the low single digits, in March 2014 we grew average daily sales over the same month in the preceding year by 11.6%," says Will Oberton, CEO.
Founded in 1970 and headquartered in Middlefield, CT, Zygo is a leading provider of optical metrology solutions, high precision optics, and optical assemblies for use in a wide range of scientific, industrial, and medical applications.
The truck will travel across the Western United States to demonstrate Valin’s value add supply partner capabilities. In addition, this year’s MTV is fit with some key upgrades that will better communicate Valin’s capabilities as a full service, technical solutions provider.
Allor-Plesh, a provider of engineered conveyor chain, levelers, and specialty bearings, has partnered with Royal Purple to exclusively distribute Royal Purple lubrication products to the North American Steel Industry.