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By The Numbers: The State Of Women In Manufacturing

August 3, 2015 | by Bridget Bergin, Associate Editor | Comments

A recent study shows that women still aren't equally represented in manufacturing, with respondents noting that their industries don’t do an adequate job of recruiting, retaining, and advancing women.

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Today in Distribution

The complete daily resource for distribution professionals

Extended Slump In Oil Taking Toll On Industry, Economy

July 31, 2015 4:10 pm | by Jonathan Fahey, AP Energy Writer

With oil prices down around 50 percent from last year, major oil companies are cutting back, offsetting the good news of savings for consumers and businesses.

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Timken Acquires Carlstar Belts; Q2 Profit Dives As Sales Weaken

July 31, 2015 2:51 pm | by Mike Hockett, Managing Editor

The Carlstar addition expands Timken's power transmission offering, while financially, currency headwinds had a large negative impact on the bearings maker in Q2.

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Interline Brands Posts Healthy Q2 Sales, Profit Increases

July 31, 2015 9:43 am | by Mike Hockett, Managing Editor

In the wake of being purchased by Home Depot, Interline – No. 17 on ID's Big 50 List – posted a solid second quarter with sales growth across all business segments.

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Kaman Industrial Lowers Outlook After Q2 Sales Bump Up, Profit Dips

July 30, 2015 5:41 pm | by Mike Hockett, Managing Editor

Kaman Corp.'s profit jumped 30 percent, but lower than expected organic growth in its Distribution segment led to an overall sales decrease.

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Industrial Distribution Trade Associations Present To Business School Students

July 30, 2015 5:03 pm | by PTDA

Representatives from PTDA, NAHAD, NAED, and ASA were on hand to talk with University of Colorado-Denver Business Students about careers in industrial distribution.

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Takeaways From Fed Meeting: Expect A Rate Increase This Year

July 30, 2015 1:41 pm | by Martin Crutsinger, AP Economics Writer

Many analysts foresee the first hike in September, though Fed Chair Janet Yellen has stressed that any increase will be driven by the latest economic data.

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Grainger Expands Abroad, Acquires U.K.'s Cromwell For $482M

July 30, 2015 10:12 am | by Mike Hockett, Managing Editor

Grainger says the move is an opportunity to grow its Zoro Germany business, and quickly grow Cromwell's online business, which is currently less than 5 percent of its total sales.

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Apache To Expand With Dallas, TX Facility

July 29, 2015 4:33 pm | by Apache

The move is geographically significant for the Midwest-concentrated manufacturer, as the 20,000+ square foot location will have both heavy duty and lightweight belting, along with hose products and cut/molded rubber parts.

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Poll: Majority Of Manufacturers Rely On Spreadsheets Instead Of ERP

July 29, 2015 3:11 pm | by Andy Szal, Digital Reporter

A new manufacturing survey showed that 53 percent of those polled – including top distributors – used manual processes to measure key performance indicators, compared to just 26 percent that used applications such as enterprise resource systems.

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U.S. Manufacturing Growing Despite Declining Share Of Overall Economy

July 29, 2015 11:52 am | by Andy Szal, Digital Reporter

Despite perceptions about the detrimental impacts of technology, regulation, and foreign competition, a recent report says that the service sector simply grew at a much faster pace than manufacturing over the past 10 years.

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Praxair Q2 Sales, Profits Tumble

July 29, 2015 9:52 am | by Mike Hockett, Managing Editor

The company said strong currency headwinds were the primary reason for the sales and profit decreases, which were consistent across all business segments.

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Ingersoll-Rand Q2 Profit Plummets On Tax Charge

July 29, 2015 9:16 am | by Mike Hockett, Managing Editor

The company spent $226 million of its Q2 expenses to settle an income tax dispute, while total sales ticked up in the quarter.

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Anixter Reports Record Q2 Sales

July 28, 2015 10:01 am | by Mike Hockett, Managing Editor

Fresh off last week's announced acquisition of HD Supply's Power Solutions unit, Anixter reported strong organic sales growth as its Enterprise Cabling & Security segment topped $1 billion in sales for the first time in company history.

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Airgas Q2 Sales Tick Up, Profit Flat

July 28, 2015 9:24 am | by Mike Hockett, Managing Editor

The company's quarterly sales were boosted by continued growth in its non-residential construction products, allowing it to raise its full-year earnings guidance.

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Schneider Electric New Product Delivery Programs Let Contractors Work Smarter, More Efficiently

July 27, 2015 2:02 pm | by Schneider Electric

The new AE and ETS Delivery Programs offer a more efficient way to order Square D standard switchboards, helping contractors meet tighter project schedules.

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Ferguson Closes Fiscal Year With 13 New Companies

July 27, 2015 1:20 pm | by Ferguson

The acquisitions spanned coast-to-coast and multiple business types including waterworks, HVAC, and plumbing distributors, in addition to e-commerce companies, and appliance and lighting showrooms.

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Infographic: Motion Control Product Global Shipments In 2014

July 27, 2015 12:48 pm | by Product Design & Development

Numbers compiled by Product Design & Development on the motion control products market include total shipments surpassing the $3 billion mark in 2014.

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Beacon Roofing Supply Buys Roofing Supply Group For $1.1B

July 27, 2015 12:28 pm | by Beacon Roofing Supply

Along with bringing the company to the Pacific Northwest with branches in Seattle and Spokane, the acquisition grows Beacon to approximately $3.7 billion in revenues and gives it 356 branches in 45 states and six provinces across Canada.

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Columbus McKinnon To Acquire Magnetek

July 27, 2015 9:14 am | by Columbus McKinnon

The transaction combines complementary strengths to create more competitive and comprehensive material handling solutions for customers.

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Stellar Industrial Supply Acquires Tucson Abrasives

July 24, 2015 3:09 pm | by Stellar Industrial Supply

The addition gives Tacoma, WA-based Stellar a solid foothold in the southwest U.S., and a wider presence in the metalworking, abrasives, MRO, and safety businesses.

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