DGI plans to consolidate its current Charlotte, NC location – which includes local inventory and...
Construction is slated to start in September, and Airgas plans to open the plant in April 2017...
A considerable loss on extinguishment and modification of debt dragged down HD Supply's profit, even though its Waterworks, Power Solutions, and White Cap segments each showed healthy sales growth in Q4 and for the year.
Overall sales still grew better than 10 percent, offset by impairment losses, while the company said that its e-commerce business now makes up 13 percent of the group's revenue.
ID contributing editor Jack Keough discusses Fastenal's 2014 – in which it closed 52 stores and opened 24 – as well as the factors that impacted revenue last year and will continue to going forward.
This week's top items included articles on the sales front and a discussion on why distributors should look to grow through the oil & gas market, announcements from Fastenal and Interline Brands, and Affiliated Distributors news.
Citing rapid decline in oil prices, impact of the strong U.S. dollar on exporting manufacturers, and challenging weather conditions, Airgas provided a much more subdued Q4 outlook Friday than in its initial projection.
The Airgas NCN Region serves Northern California and Nevada through more than 40 locations and a fleet of nearly 200 vehicles.
The money goes toward Blackhawk Technical College's Advanced Manufacturing Training Center in Milton, WI – a new facility expected to be completed for the 2015 fall semester.
As the unification of five leading Interline brands, SupplyWorks will include more than 140,000 products – spanning everything from MRO, plumbing and cleaning supplies, to HVAC and electrical.
A relatively quiet week across the market didn't include major news on acquisitions or executive leadership changes, but market analysis on Amazon.com, Kaman Industrial Technologies, and the global fasteners market highlighted the past seven days on Industrial Distribution.
Fastenal's contract offers discounts on its entire MRO product line, as well as its vending program, and VMI services.
Fastenal will reportedly move from its current location in the town to the new facility upon completion.
The company had healthy monthly sales growth in the U.S., while Canada sales dropped.
Industrial Distribution's March/April 2015 issue features our distributor profile on Omaha, NE-based John Day Company, whose family-owned roots still have the 106-year-old independent supplier going strong. Also featured is our Guide to the Modern Sales Organization, a best-practices sales advice guide for distributors.
The new facility will eventually replace Airgas' existing Grand Forks' location.
The new location gives the MRO and OEM distributor a southern office to complement its U.K. branches in Manchester and Aberdeen.
The family-owned facility has 20 employees and will continue hiring as Kimball grows into the 142,000 square foot space.
Coming off its biggest acquisition in company history last year, Kaman Industrial Technologies has followed up with hiring expansion and intends to stay active on acquisition front.
This week's Top 5 was a mixed bag, highlighted by company strategy news out of February's Grainger Show, Fastenal's monthly sales report, and expansion for Affiliated Distributors.
Airgas Human Resources VP Pamela Claypool will assume the role in August, following the retirement of Shaun Powers.
The company said sales were hurt by the increasing value of the U.S. dollar, investment drop in oil and gas, and harsh February weather.
More than 17,000 people attended the 11th annual Grainger show in Orlando, where the company covered a number topics including social media, safety, e-commerce, and its future.
Weak sales in the power systems segment hurt profit margins for 2014, while decreased equipment sales highlighted an overall revenue dip in Q4.
The company had disappointing sales in the U.S., but gains in Europe and Asia turned in a positive profit gain.
GHX gains Fugitt’s in-house hose assembly and gasket fabrication capabilities, broadening the company's core product and service offerings.
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