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The Lead

Wolseley Launches Commercial Vehicle Apprenticeship

January 21, 2015 9:44 am | by Mike Hockett, Associate Editor | News | Comments

The program is part of a Wolseley investment initiative in its drivers, aiming to add training to all existing fleet drivers, along with new apprentices.                           

ID's Top 5 Of The Week (Jan. 12-16)

January 16, 2015 3:24 pm | by Mike Hockett, Associate Editor | News | Comments

The week was highlighted Roll-Kraft's installation of a Fastenal vending system at its...

HD Supply C&I Opens 3 New Locations

January 16, 2015 9:13 am | by HD Supply | News | Comments

The new facilities increase the presence of the...

Van Meter To Acquire Iowa's Miller Electric Supply

January 15, 2015 1:45 pm | by Van Meter, Inc. | News | Comments

The acquisition will expand Van Meter’s presence...

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Airgas Fire In Kansas Causes Significant Damage

January 15, 2015 10:33 am | by Mike Hockett, Associate Editor | News | Comments

No injuries to employees or firefighters were reported, and Airgas resumed normal hours of operation Tuesday despite the damage.                                   

Fastenal Boosts Q4, 2014 Sales

January 15, 2015 9:46 am | by Mike Hockett, Associate Editor | News | Comments

An aggressive company hiring push helped sales numbers throughout the year, while its rise in FAST vending machines installed helped offset a decrease of 50 stores.                         

Kaman To Acquire G.C. Fabrication

January 13, 2015 9:51 am | by Kaman Corporation | News | Comments

The acquisition expands Kaman’s automation, control & energy platform into the New York metro market.                                         

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Bossard To Acquire Fastening Division Of Italy Supplier

January 12, 2015 2:49 pm | by Industrial Distribution Staff | News | Comments

Bossard continues its procurement stretch by adding a second branch in Italy — its third acquisition in two months.                                       

ID's Top 5 Of The Week (Jan. 5-9)

January 9, 2015 4:20 pm | by Mike Hockett, Associate Editor | News | Comments

There’s been a flurry of activity in the first full week after the holiday season, so here’s the top 5 stories we shared during the week of January 5-9.                            

MSC Industrial Reports Fiscal Q1 Results

January 7, 2015 10:12 am | by MSC Industrial Supply Co. | News | Comments

Sales and gross margin were slightly below expectations, while operating expenses met MSC's forecasts.                                           

Anixter Puts Fasteners Unit Up For Sale

January 6, 2015 10:47 am | by Mike Hockett, Associate Editor | Blogs | Comments

Anixter is likely to gain more than $500 million in the sale, which comes after a failed attempt to sell the company last August.                                   

Revolution Lighting Enters Distribution Partnership With Fastenal

December 29, 2014 10:24 am | by Revolution Lighting | News | Comments

Under the terms, through its U.S. stores and distribution centers, Fastenal will stock and make available a variety of Revolution Lighting Technologies’ LED products.                        

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Kaman Announces Sale Of Mexican Distribution Subsidiary

December 22, 2014 4:40 pm | by Kaman Corporation | News | Comments

Kaman said it did not have sufficient Mexico scale to achieve long-term profitability goals there, with sales there accounting for less than 2.6 percent of segment revenues.                      

MSC Industrial Shares Its High-Tech Evolution

December 19, 2014 12:29 pm | by Anna Wells, Executive Editor | Blogs | Comments

MSC Industrial Supply CIO Charles Bonomo takes part in a Q&A about how the MRO supplier — No. 14 on ID's 2014 Big 50 List — has gone from classic brick-and-mortar to a distributor that's a high-tech partner for its customer base.

Grainger To Withdraw From Chicago Stock Exchange

December 15, 2014 10:09 am | by Industrial Distribution Staff | News | Comments

Effective in January, Grainger is withdrawing to eliminate duplicative administrative requirements and costs inherent with dual listings with both the Chicago Stock Exchange and New York Stock Exchange.           

Grainger Reports November Sales

December 12, 2014 11:29 am | by Grainger | News | Comments

Grainger's U.S. sales increased 9 percent during the month, including 1 percent growth each from season products and Ebola-related safety products.                             

Video Market Report 9: A Big Divestiture For A Big 50 Company, And The Latest On Amazon

December 9, 2014 1:53 pm | by Industrial Distribution Staff | Videos | Comments

The ninth episode of ID's Video Market Report features news on HD Supply divesting its Hardware Solutions Business to The Home Depot, an introduction to Findadistributor.com, as well as the latest updates on Amazon.          

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Grainger Earns Top Marks In 2015 Corporate Equality Index

December 9, 2014 10:10 am | by Grainger | News | Comments

The industrial supplier received a 100 percent score on the Human Rights Campaign Foundation's 13th Annual Scorecard on LGBT Workplace Equality.                               

HD Supply Reports Healthy Q3 Growth

December 9, 2014 9:34 am | by HD Supply | News | Comments

On the heels of selling its Hardware Solutions business unit to The Home Depot, HD Supply's third quarter performance represents the 18th consecutive quarter of year-over-year average daily sales growth.             

Anixter Moving Memphis Distribution Operations

December 5, 2014 11:19 am | by Industrial Distribution Staff | News | Comments

Anixter, No. 6 on Industrial Distribution's 2014 Big 50 List, looked in North Mississippi as a possible new location, but decided to stay in Memphis.                          

Airgas To Build Liquid Hydrogen Plant In Kentucky

December 3, 2014 4:49 pm | by Airgas | News | Comments

The new facility is targeted to be on-stream in the summer of 2016 with the capacity to produce ten tons per day of liquid hydrogen for use in a wide range of customer applications.                   

Fastenal's November Sales Rise 9.6 Percent

December 3, 2014 3:59 pm | by Fastenal | News | Comments

The Winona, MN-based company posted a near double-digit percentage increase in monthly sales, with daily sales showing an even bigger increase.                               

HD Supply To Sell Hardware Unit To Home Depot

December 2, 2014 9:37 am | by HD Supply | News | Comments

The two entities have a long-standing partnership, as HD Supply Hardware Solutions was The Home Depot’s 2013 Hardware Vendor of the Year.                               

Distributors Brace For Another Harsh Winter

December 2, 2014 9:17 am | by Mike Hockett, Associate Editor | Articles | Comments

Hear from several industrial suppliers, including two of ID's Big 50 companies, on how last year's polar vortex affected operations and what they've done to prepare for a possible repeat of last winter.             

Wolseley Reports Q1 Financials

December 1, 2014 9:48 am | by Industrial Distribution Staff | News | Comments

Wolseley, which sits atop Industrial Distribution's 2014 Big 50 List, reported strong revenue growth across all business and all regions in the U.S.                             

Airgas to Highlight Growth Strategies At Analyst Meeting

November 25, 2014 5:25 pm | by Airgas | News | Comments

The company's management team will discuss their strategies for leveraging Airgas' platform and capabilities to drive sales growth and margin expansion, as well as provide mid-term financial goals.               

Video Market Report 8: More News From the Big 50, A Merger For Stellar Industrial, And Our Alibaba Event Preview

November 24, 2014 1:18 pm | by Industrial Distribution Staff | Videos | Comments

The eighth episode of Industrial Distribution's Video Market Report features M&A activity involving Stellar Industrial, bearings maker Timken, Lincoln Electric, as well as an update on Duracell. In Big 50 news, another executive retirement was recently announced involving Motion Industries, and Grainger announced its October sales numbers.

Anixter Appoints New Board Member

November 21, 2014 9:24 am | by Anixter | News | Comments

Scott Peppet brings an extensive law background to Anixter's team.                                                     

Kaman Announces Contract To Support Aircraft Upgrade For Peru

November 20, 2014 9:53 am | by Kaman | News | Comments

Kaman will remanufacture and upgrade four Kaman SH-2G Super Seasprite aircraft and provide support for the operation of a fifth aircraft for the Peruvian Navy, with a program value expected to exceed $40 million.           

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