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MAPI: Industrial Sector To Be Fully Recovered By End Of 2014

August 27, 2014 | by MAPI | Comments

Manufacturing production expected to increase 3.4 percent in 2014 and 4 percent in 2015; Projections for GDP growth of 2.2 percent in 2014 and 3 percent in 2015.                        

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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.


Summit Electric Starts Gonzales Construction

August 27, 2014 9:56 am | by Associated Press

Summit Electric Supply's new facility in Gonzales, La. will have nearly twice the capacity of its current location there.                                     


Avnet Nominates Modjtabai To Board Of Directors

August 27, 2014 9:44 am | by Avnet

Avnet, Inc. announced Wednesday that its Board of Directors has nominated Avid Modjtabai to stand for election at the company’s annual meeting of shareholders scheduled for Nov. 6.                   


B4B Alliance Announce Addition Of Ohio Logistics

August 27, 2014 9:11 am | by B4B Alliance

The B4B Alliance will integrate Ohio Logistics’ Louisville operation into one of their existing facilities and focus expanding the service portfolio available to Ohio Logistics’ clients.                   


BinderUSA And Northwire Form Strategic Partnership

August 27, 2014 9:02 am | by Binder-USA

BinderUSA has formed a strategic partnership with Northwire, Inc. to enhance the potential for both companies to better service their key markets.                             


Applied Creates Free Mobile App

August 26, 2014 2:31 pm | by Applied Industrial Technologies

The app is optimized for viewing on the iPad, iPhone, iPod touch, and Android platforms, and includes quick links to the company’s website for easy ordering.                           


TOTO Allies With Blackman Plumbing Supply

August 26, 2014 12:04 pm | by TOTO

TOTO announced Tuesday that the company is increasing its market reach in the Northeast region of the United States by entering into a distribution agreement with Blackman Plumbing Supply.                 


U.S. Durable Goods Orders Surge To Record High

August 26, 2014 10:43 am | by Martin Crutsinger, AP Economics Writer

Orders for durable goods rose 22.6 percent in July on a seasonally adjusted basis, the largest one-month gain on record.                                     


Sonoco To Acquire Weidenhammer Packaging Group

August 26, 2014 10:02 am | by Sonoco

The transaction will create a global leader in rigid paper packaging.                                                   


Bunzl Expands In The United Kingdom

August 26, 2014 9:49 am | by Bunzl plc

Bunzl plc announced Tuesday that it has made four further acquisitions in the U.K. with aggregate annualized revenue of £34.8 million.                                 


Sage Survey: Majority Of Industries Do Not Budget For Mobile Technology

August 26, 2014 9:43 am | by Sage North America

The survey found that 74 percent of manufacturers and distributors are not setting a budget for mobile technology.                                       


Government Warns Retailers About Hacking Software

August 26, 2014 9:14 am | by Alicia A. Caldwell & Jeff Horwitz, Associated Press

The government urged businesses of all sizes to scan their point-of-sale systems for software known as "Backoff," discovered last October.                                


United Stationers Names New COO

August 26, 2014 9:10 am | by United Stationers Inc.

Paul Barrett, United Stationers' president of janitorial and sanitation, and national and strategic accounts, was named COO Monday.                                  


Summit Electric Holds Groundbreaking Event for Louisiana Facility

August 25, 2014 5:05 pm | by Summit Electric Supply

The planned state-of-the-art facility will include 50,000 square feet of warehouse space.                                              


HD Supply Waterworks Announces New Headquarters And Training Facility

August 25, 2014 12:29 pm | by HD Supply Waterworks

HD Supply Waterworks announced Monday the relocation of its corporate headquarters and training facility in St. Louis.                                     


Choice Logistics Announces Passing Of Founder And Chairman

August 25, 2014 12:23 pm | by Choice Logistics

Choice Logistics CEO Michael Katz announced Friday that its founder and Chairman, Edward Katz passed away last Wednesday following a lengthy illness.                             


Feds In Hot Seat To Change Interest Rates As Economists' Views Clash

August 25, 2014 9:59 am | by Matthew Brown, Associated Press

The Federal Reserve's annual conference opened with Chair Janet Yellen suggesting that the U.S. economy still needs help in the form of ultra-low rates and that U.S. inflation has yet to become a problem.             


Stenhouse Reveals 2015 Fastenal Fusion Car At Fastenal Headquarters

August 25, 2014 9:20 am | by

NASCAR champion Ricky Stenhouse Jr. traveled to Fastenal headquarters in Winona, Minnesota last Wednesday to unveil the 2015 No. 17 Fastenal Ford Fusion.                           


Empire Industries Reports Q2 Profit Of $1.6 million

August 25, 2014 9:01 am | by Empire Industries

Empire Industries, a provider of steel fabrication & installation services primarily to the industrial, commercial and infrastructure market in Western Canada, announced a 23 percent second quarter revenue increase Monday.       


Home Depot Will Have New CEO On Nov. 1

August 22, 2014 9:43 am | by Associated Press

Craig Menear, president of the company's U.S. retail unit since February, and the company said the move was part of a planned succession.                                 



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