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The Lead

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...

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...

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...

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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.                   

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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.               

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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.           

Customer Service: What It Means For Today's Independent Distributor

November 18, 2014 1:25 pm | by Mike Hockett, Associate Editor | Articles | Comments

Hear from several independent industrial distributors, as well as IBC, to learn about the evolving state of customer service for independents and how they are adapting.                       

Video Market Report 7: STAFDA News, M&A Activity, And A Leader In Industrial Distribution Retires

November 18, 2014 11:23 am | by Industrial Distribution Staff | Videos | Comments

Following a lengthy hiatus, the ID Video Market Report returns with its seventh episode to bring industry news including news and new products out of the STAFDA convention held Nov. 9-12 in Charlotte, NC. We also share some of the recent big mergers and acquisitions, as well as news of the changing of the guard at Fastenal.

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MSC Industrial CFO To Retire

November 17, 2014 4:41 pm | by MSC Industrial | News | Comments

Jeff Kaczka will continue in his current role until a new CFO has been appointed as MSC has begun the process to identify his successor.

Bearings Distributor BDI Taking B2C Conversion In Stride

November 13, 2014 4:30 pm | by Mike Hockett, Associate Editor | Articles | Comments

BDI E-Business Manager Steve Grzymkowski shares his thoughts on how distributors are handling a transition from business-to-business to one of business-to-customer, including how BDI is trying to stay ahead of the curve.       

Grainger Reports October Sales, Provides Outlook

November 13, 2014 10:36 am | by Grainger | News | Comments

Along with healthy October sales growth, Grainger plans to increase investments in growth and infrastructure in 2015 by $115 to $150 million.                               

Applied Industrial Technologies Opens New DC In California

November 13, 2014 9:51 am | by Applied Industrial Technologies | News | Comments

The facility will maintain an inventory of tens of thousands of products and ship directly to customers in an 11-state region of the western U.S.                              

MSC Achieves ISO Certification For Customer Fulfillment Centers

November 13, 2014 9:42 am | by MSC Industrial Supply | News | Comments

ISO 9001:2008 certification is awarded to organizations that meet specific requirements for assuring quality in the services and products they supply.                             

Jack Keough: Another Look At The Big 50

November 7, 2014 5:12 pm | by Jack Keough, Contributing Editor | Articles | Comments

Jack Keough discusses the trends of what made companies rise or fall on our annual list of the top 50 industrial distributors by revenue.                                 

Valin Named One Of Silicon Valley’s Fastest Growing Companies

November 7, 2014 11:50 am | by Valin | News | Comments

The San Jose Business Journal recognized Valin as the 19th Largest Private Company and the 39th Fastest Growing Private Company in Silicon Valley.                             

Fastenal Announces CEO Resignation

November 7, 2014 9:10 am | by Fastenal | News | Comments

Willard D. Oberton will continue to serve as Chairman of the Board, be actively involved in strategic planning, and will continue to serve as a mentor to newly appointed CEO Leland J. Hein.                

NOW Inc. Third Quarter Sales Jump 12 Percent

November 6, 2014 3:25 pm | by NOW Inc. | News | Comments

Q3 was DistributionNOW's first full quarter as a stand-alone public entity.                                                  

Lawson Products Takes Business To The Next Level

November 6, 2014 1:11 pm | by Anna Wells, Executive Editor | Articles | Comments

Chicago-based Lawson Products has growth on the brain, and a clear path to get there.                                               

Fastenal Reports October Sales

November 6, 2014 10:02 am | by Industrial Distribution Staff | News | Comments

Sales and employee headcount had healthy growth during the month for the No. 12 industrial distributor on ID's 2014 Big 50 List.                                   

Jack Keough: Investments Paying Off For MSC

November 6, 2014 9:19 am | by Jack Keough, Contributing Editor | Blogs | Comments

MSC's recent investments temporarily hindered operating margins, but in the end will produce long-term returns in the form of top-line growth, and increased sales and profitability.                   

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