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The Lead

2013 Big 50 List

September 1, 2014 2:46 pm | by Industrial Distribution Staff | News | Comments

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.

Coming Soon: The 2014 Big 50

August 8, 2014 4:25 pm | by Industrial Distribution | Videos | Comments

Register to check out this year's edition of our list of the top 50 industrial distributors by...

MRC Global Has Near-Record Quarter

August 4, 2014 10:55 am | News | Comments

According to chairman Andrew Lane, MRC's Q2 was the second highest quarterly revenue in the...

DXP Q2 Sales Increase 23.9%

August 4, 2014 10:36 am | News | Comments

"During the second quarter, we had strong organic growth within Supply Chain Services, organic...

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Interline Brands Sales, Profits Up

August 4, 2014 10:27 am | News | Comments

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.                

FCX Acquires Pump Energy Inc.

August 4, 2014 9:21 am | News | Comments

The move represents a bid to grow Columbus-based FCX along the Gulf Coast.                              

Hisco Inc. Acquires HMC Electronics

August 4, 2014 9:10 am | by Hisco, Inc. | News | Comments

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.         

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Sales Up at GPC, Motion Industries

July 21, 2014 9:13 am | by Genuine Parts Company | News | Comments

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 Announces Agreement to Acquire WFS Enterprises Inc.

July 21, 2014 8:45 am | by Acklands-Grainger | News | Comments

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.

Praxair Expands New Mexico Facility

July 11, 2014 12:31 pm | by Praxair, Inc. | News | Comments

Demand for nitrogen continues to grow as oil and gas operators develop new resources in the San Juan Basin, which includes southwestern CO, northwestern NM and adjacent areas in AZ and UT.                   

Fastenal Sales Up 10% For Six-Month Period

July 11, 2014 9:18 am | by Fastenal Company | News | Comments

According to the company, the increase in net sales in the periods noted for 2014 and 2013 came primarily from higher unit sales.                         

Airgas Acquires Abbott Gas Products

July 10, 2014 2:20 pm | by Abbigail Kriebs, Associate Editor | News | Comments

Abbott has 26 associates and three service locations in Jamestown, Olean, and Hornell. The company will become part of Airgas’ Northeast distribution region.                

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Hisco Inc. Acquires A Division of STI Electronics, Inc.

July 10, 2014 12:06 pm | by Hisco | News | Comments

STI is a full-service, total solutions partner that provides advanced engineering and analytical lab support, training materials and services, and distribution solutions for the electronics industry.           

Entrepreneurial Spirit, Operational Clockwork

July 10, 2014 11:32 am | by Abbigail Kriebs, Associate Editor | Articles | Comments

DXP Enterprises, Inc. has a history of providing solutions right where they are needed. The company started as Southern Engine and Pump Company in 1908, providing water pumps – and even cotton gin engines – to the rice and cotton industries in the surrounding Texas countryside.

MSC Industrial Net Sales Increase 13.1%

July 9, 2014 9:57 am | by MSC Industrial Direct Co., Inc. | News | Comments

Net sales for the fiscal third quarter 2014 were $720.5 million, an increase of 13.1% over net sales of $636.9 million in the same quarter a year ago.                 

Applied Releases 2014/2015 Catalog

July 8, 2014 9:41 am | by Applied Industrial Technologies | News | Comments

The new catalog includes a 48-page Technical Section full of practical formulas, troubleshooting analysis, and more. The digital catalog includes interactive content, such as selector guides, product videos, CAD drawings, a search function, and quick links to Applied.com for easy ordering.

Lewis-Goetz Acquires Advanced Sealing

July 8, 2014 9:38 am | by Lewis-Goetz | News | Comments

Advanced Sealing is a full-spectrum manufacturer and distributor of fluid sealing products to refining, chemical processing, power generation, and wastewater treatment facilities.            

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Watsco Increases Ownership In Joint Venture With Carrier Corporation

July 7, 2014 10:29 am | by Watsco, Inc. | News | Comments

Watsco, Inc. has acquired an additional 10% ownership interest in Carrier Enterprise LLC, a joint venture with Carrier Corporation, a part of UTC Building & Industrial Systems, a unit of United Technologies Corp.            

Applied Completes Acquisition Of Knox; Adds Acquisitions In Mexico & Australia

July 2, 2014 9:47 am | by Applied Industrial Technologies | News | Comments

Applied completed the previously announced acquisition of Knox Oil Field Supply and announced it has acquired Rodamientos y Derivados del Norte S.A. de C.V. (RODENSA) of Monclova, Coahuila, Mexico, and Great Southern Bearings and Northam Bearings (GSB/Northam) of Western Australia.

Praxair Starts Up Oxygen Supply To Pulp Mill in Uruguay

June 18, 2014 10:16 am | by Praxair, Inc. | News | Comments

In response to growing environmental regulation, pulp mills are eliminating the use of chemicals in the bleaching process. Oxygen delignification reduces the use of chemicals in the plant resulting in operational cost savings, environmental benefits and enhanced yield in pulp production.

MSC Launches ControlPoint Inventory Management Solution

June 18, 2014 10:13 am | by MSC Industrial Supply Co. | News | Comments

The brand combines MSC's existing suite of software, hardware, and service expertise into a unified inventory management portfolio that allows customers to leverage technology to achieve greater visibility and control over their MRO spending.  

Grainger Foundation Donates $25M To Fund Manufacturing Research

June 18, 2014 10:00 am | by Abbigail Kriebs, Associate Editor - @AbbigailatID | News | Comments

The donation will create a new institute that will focus on advanced manufacturing and will research materials to help lower the cost of making products.                   

Genuine Parts Company Announces Acquisition Of Facility Products Provider

June 17, 2014 10:33 am | by Genuine Parts Company | News | Comments

Impact Products, headquartered in Toledo, OH, is a value-added provider of facility, janitorial, and safety supplies serving North America. Its broad customer base is served from distribution centers in Toledo and Walnut, CA.    

Airgas Acquires Team Welding, Ltd.

June 17, 2014 10:26 am | by Airgas, Inc. | News | Comments

Team Welding, Ltd. d/b/a Technical Alloy & Industrial Gas, is based in Houston, TX, and generated approximately $20 million in sales in calendar year 2013. Financial terms of the transaction were not disclosed.       

Airgas Issues $300M 3.65% Senior Notes Due 2024

June 13, 2014 10:23 am | by Airgas, Inc. | News | Comments

The company intends to use the net proceeds from the offering for general corporate purposes, including funding acquisitions and repayment of indebtedness.                    

Grainger To Build New Northeast Distribution Center

June 13, 2014 10:12 am | by W.W. Grainger, Inc. | News | Comments

The company plans to build a 1.3 million square-foot distribution center on this property, which is scheduled to open in 2016.                      

Grainger May Sales Up 6%

June 12, 2014 10:05 am | by W.W. Grainger, Inc. | News | Comments

Results for the month included 2 percentage points from acquisitions, net of dispositions, and a 1 percentage point decline from unfavorable foreign exchange.               

A Closer Look: HD Supply To Rebrand Its Business Unit Groups

June 12, 2014 9:48 am | by Jack Keough, Contributing Editor | Blogs | Comments

HD Supply is in the midst of rebranding to unify its business units under the HD Supply brand with new logos and business unit names, CEO Joe DeAngelo said in a conference call with financial analysts.         

HD Supply 1Q Net Sales Up 6%

June 10, 2014 10:03 am | by HD Supply | News | Comments

The first quarter performance represents the sixteenth consecutive quarter of year-over-year average daily sales growth. The company believes its sales performance represents growth of approximately 400 basis points in excess of its market growth estimate.

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