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Apax Partners Hold Off On Epicor Sale

August 18, 2014 4:10 pm | by Industrial Distribution Staff | News | Comments

After putting Epicor on the selling block in May, Apax Partners is hanging on to the software company — for now — despite bidding interest.                               

Afflink Welcomes 11 New Members

August 11, 2014 12:09 pm | News | Comments

The 11 new distributorships since the start of 2014 is one of the biggest jumps in the...

NetPlus Alliance Adds 4 New Distributor Members

August 11, 2014 10:15 am | by NetPlus Alliance | News | Comments

NetPlus Alliance recently welcomed four new distributor members, with locations including from...

Anixter International Inc. Announces Acquisition Of Tri-Ed

August 11, 2014 9:26 am | by Anixter International Inc. | News | Comments

The expansion creates a leading global security distributor across video, access control,...

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Parex USA Announces Ownership Change

August 8, 2014 9:37 am | by Parex USA | News | Comments

Parex USA, Inc. announced Thursday the sale and ownership change of its parent company, ParexGroup, to CVC Capital Partners.                                    

Apex Tool Group Acquires Niagara Tools

August 5, 2014 5:03 pm | by Apex Tool Group | News | Comments

Apex expands channels by adding Canadian specialty cutting tooling manufacturer.                                                 

NetPlus Alliance Adds Three New Product Suppliers

August 5, 2014 3:08 pm | News | Comments

NetPlus Alliance announced the addition of three new product suppliers, Rust-Oleum, Sunex Tools, and Enviroguard, to the group on Tuesday.                                

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RelaDyne Acquires Turbo Filtration Corporation

August 5, 2014 2:48 pm | by RelaDyne | News | Comments

RelaDyne continues its strategy to expand its lubrication services and reliability solutions by acquiring Turbo Filtration Corporation located in Mobile, AL.                            

VEC Supply to Acquire Assets of American Electronic Supply Company

August 5, 2014 9:32 am | by VEC Supply | News | Comments

VEC Supply announced Monday they have signed a definitive agreement to acquire the assets of American Electronic Supply Company.                                      

American Component Exchange Partners with Jet Lube

August 5, 2014 9:18 am | by American Component Exchange | News | Comments

American Component Exchange has now partnered with Jet Lube, announced Monday. ACE is now an authorized distributor for industrial compounds, greases and lubricants.                           

Franklin Electric Announces Two Acquisitions in India

August 5, 2014 9:08 am | by Franklin Electric | News | Comments

Franklin Electric Co., Inc. announced Monday that it has completed two acquisitions in India -- Pluga Pumps and Motors Private Limited, and Wadcorpp India Private Limited.                         

Ingersoll Rand Acquires Assets of Energy Equipment and Supply Inc.

August 4, 2014 5:21 pm | by Ingersoll Rand | News | Comments

Ingersoll Rand announced Monday it has acquired the assets of Energy Equipment and Supply Inc., an Ingersoll Rand Master Distributor based in Casper, Wyo.                            

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EIS Completes Acquisition of Insulation And Wires, Inc.

August 4, 2014 5:14 pm | by EIS | News | Comments

EIS, Inc., a wholly owned subsidiary of Genuine Parts Company, announced Monday that it has acquired the assets of Insulation and Wires, Inc. based in Oklahoma City, OK.                                 

Weight-Based Inventory Management Solution

May 12, 2014 5:27 pm | by SupplyPro | Product Releases | Comments

Unlike open bin inventory options, SupplyScale uses a patented managed bin system, Secure Bin, which eliminates the potential for cross-bin contamination, theft and unauthorized access, says the company.

Advisory Firm KPMG Acquires Restructuring Firm BBK

May 6, 2014 10:24 am | by KPMG LLP | News | Comments

The transaction will expand KPMG's integrated transactions and restructuring services to help manufacturers and their suppliers in the automotive and industrial sectors address financial and operational challenges.         

HD Supply Holdings Announces Secondary Offering Of Stock

April 30, 2014 9:45 am | News | Comments

HD Supply Holdings, Inc., the indirect parent of HD Supply, Inc., today announced that certain of its stockholders intend to offer for sale in an underwritten secondary offering approximately 30,000,000 shares of the company's common stock pursuant to a registration statement on Form S-1 filed with the U.S.

Affiliated Distributors Q1 Sales Exceed $7B

April 30, 2014 9:42 am | News | Comments

Affiliated Distributors (AD), the largest industrial and construction products buying and marketing group in North America, reported 4% growth across all AD Divisions in the first quarter to $7.1 billion.                      

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Parker Reports Fiscal 2014 Q3 Results

April 30, 2014 9:34 am | by Associated Press | News | Comments

Parker Hannifin Corporation (NYSE: PH) today reported results for the fiscal 2014 third quarter ended March 31, 2014. Fiscal 2014 third quarter sales increased 2 percent to $3.36 billion compared with $3.31 billion in the same quarter a year ago.

Anixter International Q1 Results

April 29, 2014 10:38 am | by Anixter International | News | Comments

Anixter International Inc. today reported sales of $1.52 billion for the quarter ended April 4, 2014, a 2.2 percent increase compared to the year-ago quarter.                                  

Bel Fuse To Buy Power-One Power Solutions From ABB For $117M

April 29, 2014 9:53 am | by Associated Press | News | Comments

Bel Fuse Inc. announced today that it has entered into a definitive agreement to acquire the Power-One Power Solutions business of ABB Ltd.                                  

Genuine Parts Company Elects New Officers, Declares Dividend

April 29, 2014 9:41 am | by Associated Press | News | Comments

Genuine Parts Company announced today that its Board of Directors elected three new corporate officers, effective immediately.                                           

Kaman Q1 Results

April 29, 2014 9:28 am | by Associated Press | News | Comments

Kaman Corporation today reported financial results for the first quarter, which ended March 28, 2014.                                          

2014 MHI Annual Industry Report - Innovations That Drive Supply Chains

March 19, 2014 10:17 am | by MHI | News | Comments

The survey found that supply chain executives want to invest in powerful new technologies and business innovations to improve their supply chains, but are hampered by a shortage of qualified talent and never-ending pressure to cut costs.  

Top 10 Equipment Acquisition Trends For 2014

January 28, 2014 10:01 am | by Equipment Leasing and Finance Association | Articles | Comments

Given U.S. businesses, nonprofits and government agencies will spend in excess of $1.5 trillion in capital goods or fixed business investment (including software) this year, financing more than half of those assets, these trends impact a significant portion of the U.S. economy.

U.S.: Three Agree To Plead Guilty In Parts Price Fixing

November 22, 2013 1:45 pm | by The Associated Press | News | Comments

Three executives in Japan's automotive parts industry have agreed to plead guilty to a price-fixing conspiracy and two more have been indicted in the U.S. investigation, the government said Thursday. The plea agreements filed in Detroit and the indictment filed in Toledo were announced Thursday by the U.S. Department of Justice.

Five Quick Questions: Create More Lines Of Communication Post-Sale

November 20, 2013 2:54 pm | by Abbigail Kriebs, Associate Editor | Articles | Comments

In today's customer service world, the first age where phone support is preferred over web support occurs at age 51. We point to the millennials a lot, but everyone is moving to a more tech based system all the time. Companies are falling behind if they are not offering that as an option.

Run Out Of Money & You Are Out Of Business

November 4, 2013 10:00 am | by Abe WalkingBear Sanchez, B2B Credit Expert, A/R Management Group | Blogs | Comments

Working capital is the money you need to pay for day to day operations, and a business with negative WC will not survive. WC is the funds that are or will be available to you in excess of liabilities that are due or will come due. It’s the difference between you sleeping well at night or not.

Who Owns Your Sweat Equity?

October 21, 2013 10:19 am | by Michael R. Beauregard, Senior Partner and Investment Committee Member, Huron Capital Partners | Blogs | Comments

Did your hard work and profit performance in the last few years convert to accessible, long-term wealth creation for you and your family? If not, someone else owns your sweat equity!                

Transform Your Business With Improved Payment Processing

October 11, 2013 9:42 am | by Christopher Justice, CEO, CenPOS | Blogs | Comments

For many distributors and manufacturers, the expense of payment processing is an accepted cost of doing business. And when looking to reduce costs, most tend to overlook the biggest component of fees associated with processing payment transactions—card Interchange.

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