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.
Overall trading has been consistent with expectations at the time of the annual results...
Sales of $2.4 billion increased 5% versus $2.3 billion in the first quarter of 2013. Net...
Jack Keough weighs in on MSC Industrial Direct's second quarter earnings, including MSC's...
Hisco and its customers achieve cost savings in a number of ways, including changes to the manufacturing process, product handling optimization, logistics efficiencies, pricing efficiencies, and stocking planning.
This partnership is designed to enhance customer field support by combining Draeger’s portfolio with United Central’s comprehensive sales and support network.
"With expanded investment, comes expanded expectations - in July 2013 we grew average daily sales over the same month in the preceding year in the low single digits, in March 2014 we grew average daily sales over the same month in the preceding year by 11.6%," says Will Oberton, CEO.
The truck will travel across the Western United States to demonstrate Valin’s value add supply partner capabilities. In addition, this year’s MTV is fit with some key upgrades that will better communicate Valin’s capabilities as a full service, technical solutions provider.
Net sales for the fiscal second quarter 2014 were $661.5 million, an increase of 16.2% over net sales of $569.5 million in the same quarter a year ago. The acquired Barnes Distribution North America business contributed $69.8 million to net sales in the fiscal second quarter 2014.
With the appointment of Ms. Donadio, National Oilwell Varco’s board is now comprised of ten directors, eight of whom are external and independent. The company also anticipates the distribution spinoff to be completed in the second quarter.
In Europe, the positive trend in demand has continued, extending from the second half of 2013 into the new year. Sales increased in local currency by 8.4%, with Bossard reporting growth in virtually all of the company's sales regions.
During the most recent quarter, FW Webb has seen tremendous growth in Rayovac product sales with specific focus on the Virtually Indestructible Industrial Grade lights and by employing central distribution techniques.
Public safety is one of the fastest growing fields of study at community colleges. According to a 2013 report by the National Center for Education Statistics, the number of students choosing homeland security, law enforcement, or fire safety programs increased 174 percent between 2000 and 2011.
Kaman Corporation announced that its Aerospace segment has been awarded two orders for the sale of Joint Programmable Fuzes (JPF) totaling $52.4 million.
MGM Electric has been in business for over 25 years, becoming a leading full line electrical supply and lighting wholesaler in Thunder Bay and North Western Ontario.
The new location, with a one-acre yard, will serve HD Supply Waterworks' contractor, municipality and utility customers in addition to HD Supply White Cap's industrial, commercial and residential customers by warehousing and distributing both companies' products.
Ferguson’s revenue grew 8% overall and 6.2% ahead of last year on a like-for-like (or same store growth) basis. Trading profit was also ahead by 15.2% compared to last year and trading margin was 7.5%, up from 7.0% for the same period last year.
“We’re very excited about the new distribution center in Colorado. It gives us the opportunity to help our locations in the West grow their businesses by adding more product lines and in greater quantities than the former facility allowed,” said Paul Donarum, vice president, WinWholesale Sourcing Services.
“I am very pleased with our 2013 performance,” stated Joe DeAngelo, CEO of HD Supply. “We delivered 9 percent sales growth and 21 percent Adjusted EBITDA growth, as adjusted for unusual items, despite a challenging and uncertain market environment."
Andrew Cichocki, a member of Airgas' Management Committee, will lead all aspects of Airgas USA, LLC - sales, operational, organizational, and financial - and will continue to report to Airgas President and Chief Executive Officer Michael L. Molinini.
This is the company’s first physical location in the state, adding to its nationwide presence of more than 240 branches.
“These changes in our field organization will further position us for growth in 2014,” said Breen. “Richard and Austin are both experienced leaders, and have done a great job for the company over the years.”
Established by five battery companies in 1994, Call2Recycle, Inc. pioneered the product stewardship movement through its efforts to establish a manufacturer-funded program to collect, transport, and recycle rechargeable batteries.
The industrial supply segment's operations expanded with the opening of four new warehouse distribution locations to provide overnight ground delivery to more of its customers.
Graybar’s Chairman, President, and CEO Kathleen M. Mazzarella commented: "Last year, we expanded our reach by opening 14 new locations, enhanced our product and service offering and invested in our employees."
According to eMarketer, only 50 percent of sites are optimized for mobile and 46 percent of users state that they will not return to a non-optimized site. Taking this information into account, Ferguson recently redesigned their B2B transactional website.
Fourth Quarter Summary Jim Pokluda, President, and CEO commented: "The inconsistent market strength trends experienced in the first three quarters of the year continued in the fourth quarter. As a result, our fourth quarter year-over-year results were again mixed."
Sales increased 3% versus February 2013. Results for the month included 2 percentage points from acquisitions, net of dispositions, and a 2 percentage points decline from unfavorable foreign exchange.
With the acquisition, OTP Industrial Solutions strengthens its ability to offer customers engineered automation system solutions provided by AIP’s highly trained associates.
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