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 PreviewNovember 24, 2014 1:18 pm | by Industrial Distribution Staff | Videos | Comments
The eighth episode of Industrial Distribution's...
Scott Peppet brings an extensive law background to Anixter's team. ...
Kaman will remanufacture and upgrade four Kaman...
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.
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.
Along with healthy October sales growth, Grainger plans to increase investments in growth and infrastructure in 2015 by $115 to $150 million.
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.
ISO 9001:2008 certification is awarded to organizations that meet specific requirements for assuring quality in the services and products they supply.
Jack Keough discusses the trends of what made companies rise or fall on our annual list of the top 50 industrial distributors by revenue.
The San Jose Business Journal recognized Valin as the 19th Largest Private Company and the 39th Fastest Growing Private Company in Silicon Valley.
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.
Q3 was DistributionNOW's first full quarter as a stand-alone public entity.
Chicago-based Lawson Products has growth on the brain, and a clear path to get there.
Sales and employee headcount had healthy growth during the month for the No. 12 industrial distributor on ID's 2014 Big 50 List.
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.
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.
This list reviews the 2013 fiscal year sales results for the companies represented and, for many, sales were relatively flat. Some notable companies even went backwards in 2013, and its no surprise based on variables like confusing regulations, unemployment, and the October government shutdown. With the right tools and resources, some of these companies will have every opportunity to achieve lift-off.
The Big 50 list highlights a group of companies who are aggressive and progressive. This year's list shows a significant amount of revenue growth, more than typical amounts of consolidation, and even a notably absent name (Barnes Distribution, now a part of MSC). It’s a tough marketplace, and the strong survive and thrive. If anything in these pages inspires confidence, we hope it’s the leadership of an industry that refuses to slow down.
Industrial Distribution's 2014 video edition of The Big 50 is now available to view.
Register to check out this year's edition of our list of the top 50 industrial distributors by revenue.
According to chairman Andrew Lane, MRC's Q2 was the second highest quarterly revenue in the company's history.
"During the second quarter, we had strong organic growth within Supply Chain Services, organic sales were essentially flat within our Innovative Pumping Solutions and we had a modest increase within Service Centers," said CEO David Little.
Gross profit increased $7.2 million, or 5.2%, to $145.6 million for the second quarter of 2014, compared to $138.3 million for the second quarter of 2013.
The move represents a bid to grow Columbus-based FCX along the Gulf Coast.
HMC distributes over 300 different brands and over 10,000 technical supplies to companies involved with the design, assembly, test, and repair of PC boards, sub-assemblies and electronic equipment.
Thomas C. Gallagher, Chairman and Chief Executive Officer of GPC, announced that record sales totaling $3.9 billion were up six percent compared to the second quarter of 2013, and that Motion Industries's sales were up seven percent.
Acklands-Grainger, Canada’s largest distributor of industrial, safety and fastener products, today announced its agreement to acquire WFS Enterprises Inc., a leading distributor of tools and supplies to industrial markets in Southern Ontario and select U.S. locations.
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