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ID's Top 5 Of The Week

March 6, 2015 10:43 am | by Mike Hockett, Associate Editor | Blogs | Comments

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 Announces New North Division President

March 5, 2015 2:54 pm | by Airgas | News | Comments

Airgas Human Resources VP Pamela Claypool will assume the role in August, following the...

Fastenal Reports February Sales

March 4, 2015 12:04 pm | by Mike Hockett, Associate Editor | News | Comments

The company said sales were hurt by the increasing value of the U.S. dollar, investment drop in...

Takeaways From Grainger Show 2015

March 4, 2015 10:32 am | by Kari Imberg, Associate Editor | Articles | Comments

More than 17,000 people attended the 11th annual Grainger show in Orlando, where the...

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Wajax Q4, Full Year Profits Drop

March 4, 2015 9:55 am | by Mike Hockett, Associate Editor | News | Comments

Weak sales in the power systems segment hurt profit margins for 2014, while decreased equipment sales highlighted an overall revenue dip in Q4.

Bossard Shows Modest 2014 Sales, Profit Gains

March 4, 2015 9:28 am | by Mike Hockett, Associate Editor | News | Comments

The company had disappointing sales in the U.S., but gains in Europe and Asia turned in a positive profit gain.

GHX Industrial Acquires Fugitt Rubber And Supply

March 3, 2015 11:04 am | by Mike Hockett, Associate Editor | News | Comments

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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DXP's Q4 And 2014 Sales Up, Profit Down

March 2, 2015 4:59 pm | by Mike Hockett, Associate Editor | News | Comments

DXP reported healthy sales increases across the board, but a large impairment charge in Q4 gave the company a net loss.

Wolseley Acquires U.K. B2B Bathroom Retailer

March 2, 2015 10:39 am | by Wolseley plc | News | Comments

This acquisition gives Wolseley a strong position in the U.K. B2C online bathroom market and a scalable platform to support future growth.

ID's Top 5 Of The Week

February 27, 2015 10:23 am | by Mike Hockett, Associate Editor | Blogs | Comments

Some major recognition from Fortune Magazine for several Big 50 companies, a new player in the industrial B2B market, and the long-awaited end to the West Coast Ports labor standoff are included in this week's top items.

Interline Brands Posts Q4 & Full Year Sales Gains, Profit Losses

February 26, 2015 9:28 am | by Mike Hockett, Associate Editor | News | Comments

Interline's sales increased across all segments both quarterly and yearly, but increased SG&A costs related to expansion initiatives and litigation charges hurt its bottom line.

Motion Industries' Bill Stevens In Final Week Leading Company

February 24, 2015 3:48 pm | by Mike Hockett, Associate Editor | News | Comments

Current president and COO Tim Breen will take over as chairman on March 1 as Stevens steps down after 37 years with the company.

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Kaman's Distribution Q4 Sales, Profit Jump

February 23, 2015 5:31 pm | by Mike Hockett, Associate Editor | News | Comments

Kaman's distribution segment had year-over-year double-digit growth both quarterly and for the full year.

Big 50 Companies Airgas, Grainger, And Wolseley Named 'Most Admired' By Fortune

February 23, 2015 3:26 pm | by Mike Hockett, Associate Editor | Blogs | Comments

The reputation-based list is categorized by industry, including diversified wholesaler, industrial machinery, and electronics and office equipment wholesaler.

DistributionNOW Posts Q4, Full Year Sales And Profit Losses

February 23, 2015 10:39 am | by Mike Hockett, Associate Editor | News | Comments

A large increase in administrative expenses hampered Q4 profit, while Q4 and full year sales and profit also had considerable drops.

ID's Top 5 Of The Week

February 20, 2015 9:34 am | by Mike Hockett, Associate Editor | Blogs | Comments

Three Big 50 List companies reporting their 2014 fourth quarter and full year financials lead this week's list, while news from the 2015 Grainger Show and another West Coast Port shutdown were big items as well.

MRC Global Q4 Sales And Profit Jump, Gives Cautious Outlook

February 19, 2015 5:08 pm | by Mike Hockett, Associate Editor | News | Comments

Despite MRC's Q4 sales and income both having significant gains, and a company-record revenue in 2014, CEO Andrew Lane expects 2014 to be a challenging year for the company.

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Lawson Products Posts Q4, 2014 Sales Increase, Net Loss

February 19, 2015 9:48 am | by Mike Hockett, Associate Editor | News | Comments

Growth in Lawson's strategic accounts and Kent Automotive division boosted sales, while increased operating expenses hampered profits.

Grainger Making Push In Protective Footwear

February 18, 2015 9:59 am | by Mike Hockett, Associate Editor | Blogs | Comments

At the 2015 Grainger Show, held Feb. 15-17 in Orlando, the company discussed its plan for expansion of its shoemobile network through Safety Services, Inc.

ID's Top 5 Of The Week

February 13, 2015 10:12 am | by Mike Hockett, Associate Editor | Blogs | Comments

ID Big 50 List companies Anixter, Fastenal and Grainger dominated this week's Top 5, while news of shutdowns of the West Coast Ports continue to be hot items.

Grainger Reports January Sales

February 12, 2015 10:19 am | by Mike Hockett, Associate Editor | News | Comments

Grainger's daily organic sales showed solid growth in the month on the strength of increased volume.

Anixter Sells Fasteners Unit For $380 Million

February 12, 2015 10:05 am | by Mike Hockett, Associate Editor | News | Comments

Anixter says the the divestment will give the company a sharper strategic focus in its core Enterprising Cabling & Security Solutions, Electrical, and Electronic Wire & Cable segments.

Fastenal EVP Of Sales Announces Retirement

February 12, 2015 9:47 am | by Mike Hockett, Associate Editor | News | Comments

Steven Rucinski intends to step down from his position effective May 15.

Report: Grainger Moving 130 U.S. Jobs To Panama Branch

February 10, 2015 1:24 pm | by Mike Hockett, Associate Editor | Blogs | Comments

A report says the move is part of Grainger's initiative to become more efficient by restructuring its supplier performance management and sourcing operations.                           

Jack Keough: Airgas Remains Optimistic About U.S. Economy

February 10, 2015 11:46 am | by Jack Keough, Contributing Editor | Blogs | Comments

After a solid third quarter of growth, Airgas executive chairman Peter McCausland and CEO Michael Molini discuss the impact of uncertainty in the U.S. dollar and shifting oil prices on the company's Q4 outlook.

Fastenal, Lighting Science Group Enter Distribution Partnership

February 10, 2015 9:32 am | by Lighting Science Group Corporation | News | Comments

Fastenal will warehouse and sell Lighting Science’s innovative LED products and solutions to its network of customers.                                     

BDI Acquires Oregon-Based Munnell & Sherrill

February 10, 2015 9:21 am | by Mike Hockett, Associate Editor | News | Comments

The acquisition gives Bearings Distributors Inc. a stronger presence in the U.S. Northwest, gaining eight locations that stretch from Tacoma, WA to Northern California.                       

Motion Industries Expands In Alaska

February 6, 2015 4:41 pm | by Mike Hockett, Associate Editor | News | Comments

The purchase of Oil & Gas Supply expands Motion Industries’ Northwest footprint, serving industries including mining, construction, and fishing, in addition to oil and gas.                     

ID's Top 5 Of The Week

February 6, 2015 10:04 am | by Mike Hockett, Associate Editor | Blogs | Comments

Only one acquisition made this week's top 5, which was dominated by news that the West Coast Ports could have a complete shutdown just days from now if a labor deal isn't reached.                     

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