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Applied Reports Quarterly Sales Increase, Elects Independent Chairman

October 29, 2014 | Comments

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.                    

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Today in Distribution

The complete daily resource for distribution professionals

PTDA Honors Kaman's McCloskey With Warren Pike Award

October 31, 2014 2:01 pm | by PTDA

Kaman Industrial Technologies' Kevin McCloskey is the 24th recipient of the award for lifetime achievement in the power transmission/motion control industry.                           

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Ag Chains Plus Joins IDC-USA

October 31, 2014 12:33 pm | by IDC-USA

IDC grows its footprint into the agricultural parts and service market by adding the four-year-old independent distributor.                                     

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U.S. Consumer Spending Down 0.2 Percent In September

October 31, 2014 12:11 pm | by Martin Crutsinger, AP Economics Writer

Economists blamed the weak September spending figure on falling energy prices and slower auto sales after a surge the previous month.                                 

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H2W Technologies Acquires Baldor Linear Motor Product Lines

October 31, 2014 9:20 am | by H2W Technologies, Inc.

H2W will manufacture direct replacement linear electric motors of the acquired Baldor product lines.                                           

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RBC Bearings Reports Sales Gain, Income Loss

October 30, 2014 4:35 pm | by RBC Bearings

The negative net income was largely due to the after tax impact of costs from consolidation and restructuring of facilities.                                    

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National Oilwell Varco Q3 Sales Up 17 Percent

October 30, 2014 2:24 pm | by National Oilwell Varco

The company set new records for operating profit, EBITDA, and earnings per share during the period on solid revenue gains from continuing operations.                           

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Johnson Controls Q4, Fiscal 2014 Sales Up 3 Percent

October 30, 2014 1:25 pm | by Johnson Controls

Q4 was highlighted by the company reorganizing its Building Efficiency business, as well as divesting the Global Workplace Solutions business.                               

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Colder Weather Drives Forecast Of 2014 Energy-Related CO2 Emissions

October 30, 2014 12:33 pm | by Today In Energy

The forecasted 1.1 percent rise in CO2 emissions for 2014 relative to their 2013 level reflects a combination of historical energy use data already in hand for more than half of the year and forecasted energy use for the remaining months. 

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Small Business Divided Over Minimum Wage Votes

October 30, 2014 12:25 pm | by Joyce Rosenberg, Associated Press

Some small business owners say raising the minimum wage will pressure their companies, forcing them to cut employees' hours or jobs. Others say it's the right thing to do for workers and the economy.               

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Economy 101: 5 Things To Know About U.S. Growth

October 30, 2014 12:13 pm | by Christopher Rugaber, The Associated Press

Some questions and answers surrounding Thursday's report on a 3.5 percent economic expansion in the July-September quarter.                                     

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U.S. Economy Grew At 3.5 Percent Rate In Third Quarter

October 30, 2014 11:24 am | by Martin Crutsinger, AP Economics Writer

Many economists think full-year growth for 2015 will hit 3 percent, giving the economy the best annual performance since 2005, two years before the Great Recession began.                       

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Myers Industries Q3 Distribution Sales Down 3.6 Percent

October 30, 2014 11:01 am | by Myers Industries

Material handling sales jumped 25 percent in the quarter due to the acquisition of Scepter this past summer, while distribution sales dipped due to the closure of a Canadian branch.                   

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General Cable Refines Strategic Focus As Q3 Sales Drop 6 Percent

October 30, 2014 10:41 am | by General Cable

Along with announcing a CEO transition, the company plans to simplify its geographic portfolio, reduce operational complexity, and focus on delivering increased returns from its core strategic operations.           

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Black Hills Corp. Announces Executive Leadership Changes

October 30, 2014 10:28 am | by Black Hills Corporation

Black Hills' CFO will retire at the end of March, and will be succeeded by its current vice president.                                           

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Construction Employment Expands in 236 U.S. Metro Areas

October 30, 2014 10:03 am | by Associated General Contractors Of America

Association officials said that as firms expand their payrolls, many are finding a limited supply of available qualified workers.                                   

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Arrow Electronics Boosts Q3 Sales 11 Percent

October 30, 2014 9:54 am | by Arrow Electronics

The growth included an 8 percent sales rise in global components, while total year-to-date sales were up 7.7 percent.                                      

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Amazon To Open First Illinois Distribution Facility

October 30, 2014 9:32 am | by Amazon.com

Amazon plans to begin creating new full-time jobs in Illinois starting next year and reaching at least 1,000 jobs in 2017.                                     

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TW Metals Announces Launch Of Retail Website

October 30, 2014 9:23 am | by TW Metals

TW’s large inventories of tubing, pipe and bar in stainless, aluminum, and carbon alloys are now available online, 24/7.                                     

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WinSupply Opens In Upstate South Carolina

October 28, 2014 2:48 pm | by WinWholesale

The supplier will provide high quality heating, ventilation, and air conditioning supplies and equipment to contractors along the Interstate 85 corridor in South Carolina, from the Anderson area to Spartanburg.         

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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.                         

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