Production Tool Supply Acquires Specialty Tool Of IN
June 13, 2013 1:25 pm | by Production Tool Supply | News | CommentsSpecialty Tool has been servicing the manufacturing industry for over 25 years providing a vast assortment of industrial supplies including cutting tools, abrasives, coolants and MRO products. Like PTS, Specialty Tool strives to meet or exceed their customers’ needs through technical analysis, personalized service and support as well as a wide variety of quality products.
MRC Global Opens Regional Distribution Center In OK
June 11, 2013 9:16 am | by MRC Global, Inc. | News | CommentsMRC Global Inc. has opened a new regional distribution center in Tulsa, OK. The facility includes a two acre pipeyard, 80,000 square feet of warehouse space and a valve automation center. The location will support 13 MRC service locations throughout Oklahoma and the Midwest U.S.
Grainger May Sales Increase 5% Year Over Year
June 11, 2013 9:12 am | by W.W. Grainger, Inc. | News | CommentsDaily sales increased 5 percent versus May 2012, and included 3 percentage points from volume, 2 percentage points from price and 1 percentage point from acquisitions, partially offset by a 1 percentage point decline from unfavorable foreign exchange.
Summit Electric Supply Remembers Co-Founder Victor R. Jury Sr.
June 10, 2013 9:14 am | by Summit Electric Supply | News | CommentsJury Sr., who grew up in West Texas, had a successful career in the electrical distribution industry that spanned more than 45 years. After attending college at Notre Dame as a participant in the U.S. Navy V-12 officer development program during the Second World War, he later earned a Bachelor of Science degree in Industrial Engineering from Texas Tech University.
Rexel USA Names Lisa Scinta VP Of Operations & Logistics
June 7, 2013 9:29 am | by Rexel Holdings USA | News | CommentsScinta, previously vice president of operations for Rexel Holdings USA’s Rexel Inc. division, will have responsibility for operations, logistics, facilities, transportation and real estate activities across Rexel Holdings USA. In her 14 years with the organization, she has held various roles in pricing, profitability and operations.
HD Supply Sales Rise 12.6%
June 6, 2013 10:02 am | by HD Supply | News | CommentsHD Supply experienced net sales and Adjusted EBITDA growth in all four of the company’s largest businesses: Facilities Maintenance, Waterworks, Power Solutions, and White Cap. HD Supply, Inc. reported net sales for the fiscal 2013 first quarter ended May 5, 2013 of $2.1 billion, an increase of $232 million, or 12.6 percent, as compared to the first quarter of fiscal 2012.
Fastenal May Sales Rise 5.3% Year Over Year
June 5, 2013 9:58 am | by Fastenal | News | CommentsNet sales in May of 2013 were $289,440 (Dollar amounts in thousands), up from 274,836 in the same month of 2012. The daily sales were $13,156, up 5.3% from 12,493 in 2012. Fastenal has opened 16 stores in 2013. The company now has 2,665 in operation.
Kaman Announces Plans To Acquire Northwest Hose & Fittings
May 30, 2013 5:00 pm | by Kaman Corp. | News | CommentsNorthwest Hose & Fittings, founded in 2000, is an authorized Parker distributor of hydraulic hose, fittings, adapters as well as couplers and industrial hose to a diverse group of industries such as the metals, agricultural, industrial machinery and equipment industries.
Grainger Plans For 300 New Hires In IT & eCommerce
May 30, 2013 4:51 pm | by W.W. Grainger, Inc. | News | CommentsThis fall, Grainger plans to increase its current occupancy in the Citigroup Center (500 W. Madison) to the 33rd floor. This will support the company’s expected growth of approximately 300 IT and eCommerce new hires over the next several years.
IBT Purchases Sheppard Supply Company
May 30, 2013 11:15 am | by IBT, Inc. | News | CommentsSheppard Supply customers can now take advantage of IBT’s 8,300 sq. ft. Springfield facility, located at 1358 E. Chestnut Expressway in Springfield, Missouri. IBT offers more than 1 million industrial products from 3,000 vendors—as well as engineering and inventory management services—to companies across the U.S. in manufacturing, food processing, packaging, bottling, aggregate, and power generation.
Sonepar Sales Climb 10% In 2012
May 28, 2013 2:19 pm | by Sonepar | News | CommentsDespite a troubled global economic environment, Sonepar increased its sales to €16.3 billion in 2012—10% higher than in 2011. The group has strengthened its position as a premier global distributor of electrical products and related services.
WESCO International Publishes First Sustainability Report
May 28, 2013 9:39 am | by WESCO International, Inc. | News | CommentsOver the past three years, WESCO has improved its energy efficiency, increased recycling, reduced waste generation, and reduced both greenhouse gas intensity and emissions. In 2012, WESCO surpassed its 2015 goals for greenhouse gas intensity, building energy consumption, and waste generation intensity.
Wajax Industrial Components Relocates Three Branches
May 24, 2013 10:11 am | by Wajax Industrial Components | News | CommentsThe Wajax Industrial Components Bathurst, NB branch located at 2030 St. Peter Avenue will be moving into the Ace Hydraulic facility (acquired by Wajax Industrial Components) in Bathurst at 955 Riordon Drive. The telephone number of the former branch will remain active, but the Ace Hydraulic fax number will be used going forward.
Airgas Names Broadus New Division President In South
May 22, 2013 5:04 pm | by Airgas, Inc. | News | CommentsBroadus will be succeeding Mike Rohde who is retiring after nearly 15 years of dedicated leadership at Airgas. Broadus will report to Airgas President and CEO Michael Molinini, and will be responsible for managing the South Division's three regions: South, National Welders, and Mid America. The transition will begin immediately.
DXP Enterprises Continues Forward In Acquisition Mode
May 22, 2013 9:30 am | by Jack Keough, Contributing Editor, Industrial Distribution | Blogs | CommentsJack Keough takes a closer look at DXP Enterprises and their acquisition outlook in the coming year. The Houston-based MRO distribution giant is continuing to make acquisitions and expects to make a total of three this year, after completing nine total acquisitions in 2012.
DXP Acquires Tucker Tool Company
May 21, 2013 9:38 am | by DXP Enterprises | News | CommentsFounded in 1979, Tucker Tool is headquartered in Mechanicsburg, Pennsylvania and operates out of a single location. Tucker Tool is focused on serving customers in the chemical, oil & natural gas, power generation, general engineering and transportation markets with approximately 10 employees.
United Stationers Board Declares Regular Dividend
May 17, 2013 10:58 am | by United Stationers, Inc. | News | CommentsThe board also approved and authorized the company to purchase an additional $100 million of its common stock. Repurchases will be made in accordance with applicable securities laws in the open market or in privately negotiated transactions.
Grainger April Sales Up 8%
May 10, 2013 1:55 pm | by W.W. Grainger, Inc. | News | CommentsDaily sales increased 8 percent versus April 2012, and included 3 percentage points from volume, 2 percentage points from price, 2 percentage points from acquisitions and 2 percentage points from the timing of the Easter holiday, partially offset by a 1 percentage point decline from foreign exchange.
WinWholesale Opens Charlotte Locations
May 9, 2013 3:37 pm | by WinWholesale, Inc. | News | CommentsThe company joins Charlotte Winnelson, which opened in April, and Noland Company serving the area. In addition to the Charlotte area, the new Windustrial company serves the rest of the state and South Carolina. The president is Brian Clark who has PVF wholesale market experience in Charlotte, Upstate New York and the Los Angeles area.
Würth Group Generates Record Sales For 2012 Fiscal
May 9, 2013 10:08 am | by Würth Group | News | CommentsThe company just missed its sales target of EUR 10 billion, yet achieved a sales record with a reported total of EUR 9.98 billion. In its core business, the trade in assembly and fastening material for the craft and industry sector, the Würth Group grew by 3.7 percent to a total of EUR 5.5 billion in 2012. The industry sector, recording a plus of 12.3 percent, clearly contrasts with the rest.
HD Supply Power Solutions Expands With Three New Locations
May 8, 2013 9:47 am | by HD Supply Power Solutions | News | CommentsThe opening of the facilities – one each in Texas and North Carolina and an expansion in Utah – extends the presence of HD Supply Power Solutions in key geographic regions and enhances the services offered. The new locations are: Midland, Texas; Durham, N.C.; and Salt Lake City, Utah.
Interline Sales Rise 21.4% In 1Q
May 7, 2013 10:06 am | by Interline Brands | News | CommentsSales for the quarter ended March 29, 2013 were $380.8 million, a 21.4% increase compared to sales of $313.6 million for the quarter ended March 30, 2012. On an average organic daily sales basis, sales increased 3.5% for the quarter. Sales to our institutional facilities customers, comprising 52% of sales, increased 50.3% for the quarter, and 5.0% on an average organic daily sales basis.
Houston Wire & Cable Opens New Distribution Center
May 3, 2013 4:57 pm | by Houston Wire & Cable Company | News | CommentsThe company is opening a new distribution center on Wednesday, May 1st, in the Minneapolis-Saint Paul area to better serve local and regional customers. This strategic expansion supports HWC’s ongoing commitment to Right Product, Right Place, Right Time®, and will provide customers with the best possible service through standard same day shipment or will-call pickup.
Fastenal April Sales Rise 9.8% From 2012
May 3, 2013 4:24 pm | by Fastenal | News | CommentsFastenal Company released the numbers for their April sales month, noting that net sales rose 9.8% year over year. Net sales in April of 2013 were $286,622 (Dollar amounts in thousands), up from261,093 in the same month of 2012. The daily sales were $13,028, up 4.8% from 12,433 in 2012.
Airgas Fourth Quarter Sales Rise 2%, Dividend Up 20%
May 3, 2013 9:44 am | by Airgas, Inc. | News | CommentsFourth quarter earnings per diluted share were $1.13, up 1% over prior year earnings per diluted share of $1.12. Excluding a $0.01 restructuring charge, adjusted earnings per diluted share* were $1.14, an increase of 3% over prior year adjusted earnings per diluted share* of $1.11.




