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Associations
ISA Launches Digital Platform ‘The Channel’
Created in response to having to cancel ISA's annual convention, The Channel will provide weekly strategic content in an on-demand format.
Mike Hockett
Apr 9th, 2020
Mergers & Acquisitions
I Stock 1181243794 5e34683398119 5e53f1906bb58
Mergers & Acquisitions
March 2020 Industrial Supply M&A Recap
Mike Hockett
Apr 1st, 2020
Fastenal Apex
Mergers & Acquisitions
Fastenal Buys Assets of Apex Ind. Technologies
Mike Hockett
Mar 31st, 2020
Hd Supply Dflgs
Mergers & Acquisitions
HD Supply Postpones Separation; CEO Waives Salary
Mike Hockett
Mar 30th, 2020
13667820 1078171412219890 3313302750262508992 O
Operations
Help Your Fellow Distributors by Taking ID's Survey of Operations
Mike Hockett
Anna Wells
Mar 27th, 2020
Shelves usually stocked with bread lay nearly empty at a Target in Abington, PA on Wednesday, March 18.
Home
US Consumer Prices Slump
It's the largest decline in five years.
Martin Crutsinger
Apr 10th, 2020
In this March 18 file photo, a few people walk on Wall Street in front of the New York Stock Exchange in New York. There are emerging signs that any recovery will fail to match the speed and severity of the economic collapse that occurred in just a few weeks.
Home
Rapid US Economy Recovery Unlikely
There are emerging signs that any recovery will fail to match the speed and severity of the economic collapse that occurred in just a few weeks.
Josh Boak
Apr 9th, 2020
In this March 16, 2020 file photo, chairs hang stacked on empty tables at a closed restaurant in New York.
Home
Why Business Relief Has Lagged
The problems range from the technical to the bureaucratic, although the Small Business Administration says it has corrected those on its end.
Ken Sweet
Joyce M. Rosenberg
Apr 9th, 2020
I Stock 959984198
Home
Protect Idle Facilities During Crisis
Lost revenue isn't the only risk factor facing businesses right now. Idle industrial facilities are prone to losses and other exposures.
Mike Panfil
Apr 7th, 2020
Msc Agasd
Earnings
MSC Industrial: Large Gap Between March Orders and Sales
The company has also withdrawn $300 million from its credit facility to boost its cash flow.
Mike Hockett
Apr 9th, 2020
Costa Rica
Supply Chain
Bridgestone to Restart Certain Plants April 13
The plans reflect performance trends in several key areas not as severely affected by the current pandemic crisis.
Bridgestone Americas
Apr 8th, 2020
A video screen displays a message urging people to stay home, at Piccadilly Circus in London on Wednesday, April 8. The highly contagious COVID-19 coronavirus has impacted on nations around the globe, many imposing self isolation and exercising social distancing when people move from their homes.
Home
Countries Start Thinking About Easing Restrictions
But, politicians and officials warn that the crisis is far from over, and a catastrophic second wave could hit if countries let their guard down too soon.
Lori Hinnant
Marina Villenueve
Apr 8th, 2020
Msc Industrialere
Earnings
MSC's Q2 Sales Fall 4.5%
With the quarter ending Feb. 29, it didn't reflect the ramp-up of factory closures across the US that happened during March.
Mike Hockett
Apr 8th, 2020
Genuine Parts Company Logo
Operations
Genuine Parts Expands Cost Savings Efforts
See the specific actions GPC — the parent company of Motion Industries — has taken to ensure employee safety and efficient business operations.
Mike Hockett
Apr 8th, 2020
Regal Beloit 5e14ac03e6b5c
Company Expansion & Consolidation
Regal Launches Power Transmission App
The new app offers users one source for all bearings-related information needs.
Regal Beloit
Apr 8th, 2020
Barnes Group
Awards
Barnes Group Donates 6,000 Masks
Barnes Group contributed 2,000 masks each to three local hospitals through a direct donation process.
Barnes Group
Apr 7th, 2020
I Stock 1130882367
Economy
Pandemic Index: Distrib. Sales Down 14% Last Week
The latest reading was technically a one-week improvement, but commentary indicates that is due to large back-orders in shipping.
Mike Hockett
Apr 7th, 2020
Stanley Fastening
Staffing Changes
Stanley B&D Names New Industrial Head
The segment includes Stanley Engineered Fastening, Stanley Infrastructure and Stanley Oil & Gas.
Mike Hockett
Apr 7th, 2020
Hillenbrand Sdfas
Operations
Hillenbrand Outlines Temp. Financial Measures
Their CEO is taking a 30 percent pay cut through 2020, salary increases are canceled for all US and Canada employees and capital spending is reduced.
Mike Hockett
Apr 7th, 2020
A patient is wheeled into the emergency unit of the Verdun Hospital in Montreal on Monday, April 6, 2020. Prime Minister Justin Trudeau says he’s confident Canada will still be able to import N95 protective masks form the U.S. despite an export ban and says he will talk to U.S. President Donald Trump in the coming days.
Home
Gov't, 3M Reach Agreement on Masks
President Donald Trump had used his authority under the 1950 Defense Production Act to stop exporting such masks.
Rob Gillies
Apr 6th, 2020
I Stock 539809138 5de97c843235f
Economy
Major Declines in March Fastener Distrib. Index
The index reading tied for its all-time low, while its six-month outlook reading set a new all-time low mark.
Mike Hockett
Apr 6th, 2020
Sales Pitch I Stock 614028206
Sales
Are You Creating Enough Personal Value?
Relationship building is more than just showing up with donuts.
Paul Reilly
Apr 6th, 2020
In this Thursday, April 2, 2020 file photo, Jovita Carranza, administrator of the Small Business Administration, speaks about the coronavirus in the James Brady Press Briefing Room of the White House n Washington, as Vice President Mike Pence, President Donald Trump listen. Millions of small businesses are expected to apply for a desperately needed rescue loan Friday, a stern test for a banking industry that has had less than a week to prepare for the deluge. Small businesses will be seeking loans from the $349 billion Paycheck Protection Program, which was put in place to help them retain workers and pay bills during the coronavirus pandemic.
Home
Small Business Aid Hits Snag
Many small business owners ran into bureaucratic or technological road blocks.
Ken Sweet
Ryan J. Foley
Joyce M. Rosenberg
Apr 5th, 2020
President Donald Trump speaks about the coronavirus in the James Brady Press Briefing Room of the White House in Washington on Wednesday, April 1.
Home
Trump Invokes DPA for Ventilators, Slams 3M
The administration named 3M and six other companies in the DPA, and later lashed out at 3M on Twitter.
Mike Hockett
Apr 3rd, 2020
This Saturday, March 28 file photo shows a sign on a liquor store announcing it is closing to keep the neighborhood safe and slow down the COVID-19 coronavirus in Indianapolis.
Home
SMB Stimulus Will Go to Some Big Chains Too
A broad definition of “small business” includes much more than just Main Street shops when lenders start processing applications Friday.
Ryan J. Foley
Apr 3rd, 2020
I Stock 1157133495
Logistics
FedEx, UPS Suspend Service Guarantees
The parcel logistics giants outlined measures taken to accommodate delays and disruptions caused by the COVID-19 pandemic.
Mike Hockett
Apr 2nd, 2020
I Stock 1151019886
Home
How Small Business Can Get Virus Aid
Here are questions and answers about financial help available through the government and other sources.
Joyce M. Rosenberg
Apr 2nd, 2020
I Stock 505619620 (1)
Home
DoL Clarifies Paid Leave Implementation
The FFCRA reimburses private US employers that have fewer than 500 employees with tax credits for the cost of providing paid leave related to COVID-19.
U.S. Department of Labor
Apr 2nd, 2020
Darrell Sterling I Stock
Sales
What it Means to Be an Innovative Seller
Darrell Sterling discusses how if you're not changing in distribution sales, you're being left behind.
Darrell Sterling
Apr 2nd, 2020
A health care worker leaves Cedar Mountain Post Acute nursing facility in Yucaipa, Calif., Wednesday, April 1, 2020. The Southern California nursing home has been hit hard by the coronavirus, with more than 50 residents infected, a troubling development amid cautious optimism that cases in the state may peak more slowly than expected.
Home
PPE Stockpile Nearly Depleted
Concerns about the stockpile levels were first reported by the Washington Post on Wednesday.
Associated Press
Apr 1st, 2020
In this Sept. 27, 2018 file photo, robots weld the bed of a 2018 Ford F-150 truck on the assembly line at the Ford Rouge assembly plant in Dearborn, MI.
Home
US, World Mfg. Contracted in March
Economists had expected a bigger drop in the US manufacturing index but predict it will signal more weakness in April.
Apr 1st, 2020
Grainger 5
Earnings
Grainger to Draw $1B in Credit
The funds will support the MRO supply giant's cash position amid market uncertainty caused by the COVID-19 pandemic.
Mike Hockett
Apr 1st, 2020
I Stock 1181243794 5e34683398119 5e53f1906bb58
Mergers & Acquisitions
March 2020 Industrial Supply M&A Recap
After a roaring January and February, M&A news was slim pickings as COVID-19 severely disrupted March business activity.
Mike Hockett
Apr 1st, 2020
Industrial Distribution
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