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Caterpillar Appoints New Strategic Procurement VP
CAT's procurement division, which manages the raw materials, software, tooling and office supplies the company uses, will soon have a new leader.
Feb 20th, 2020
Mergers & Acquisitions
B&b Manufacturing
B&B Mfg. Acquires Plastic PowerDrive Products
Feb 21st, 2020
Gws Natc
GWS Tool Acquires North American Tool
Feb 12th, 2020
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Koch Industries Acquires Infor
Feb 5th, 2020
I Stock 1181243794
January Industrial Supply M&A Recap
Feb 3rd, 2020
In this Feb. 20 photo, a worker sits at a production line at a microelectronics factory in Nantong in eastern China's Jiangsu Province. China on Friday suspended more punitive tariffs on imports of U.S. industrial goods in response to a truce in its trade war with Washington that threatened global economic growth.
China Suspends More Penalties on US Goods
Goods affected by the latest reduction include industrial components and medical and factory equipment.
Feb 21st, 2020
B&b Manufacturing
B&B Mfg. Acquires Plastic PowerDrive Products
La Porte, IL-based B&B Manufacturing adds a similar power transmission products supplier.
Feb 21st, 2020
I Stock 599495514
Bank Backs Off Monitoring Work Breaks
Barclays had installed a program that tracked employees and sent warnings if they spent too long on breaks.
Feb 20th, 2020
Industrial Scientific Logoa
Industrial Scientific Names Global Sales Leader
Marc Osgoodby, most recently SVP of global sales at Sierra Wireless, will be responsible for leading IS's global go-to-market strategy.
Feb 20th, 2020
Workers wearing protective gears spray disinfectant as a precaution against the new coronavirus at Agricultural and Wholesale Products Center in Daegu, South Korea, Thursday, Feb. 20, 2020.
Virus Hurts Top Shipper Earnings
The company issued the warning as it reported earnings for 2019, with revenue declining slightly to $38.9 billion from $39.3 billion.
Feb 20th, 2020
In this Feb. 12 file photo, Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee on Capitol Hill in Washington.
Fed Seems Inclined to Keep Rates Low
Federal Reserve officials noted the risk posed by China's virus outbreak.
Feb 19th, 2020
In this Feb. 11 photo, a line item shows an example of how the charge that Brent Frederick, founder of Jester Concepts, a restaurant group in Minneapolis uses as a 3% voluntary surcharge on guest checks to help pay for health insurance and mental health services and says almost all guests agree to pay it.
SMBs Embrace Wellness to Help Retain Staff
Many small business owners are starting wellness programs to help employees be healthier, happier and more likely to stay
Feb 19th, 2020
I Stock 1148208588
DoL Puts $100M Toward Closing Skills Gap
The US Department of Labor's Apprenticeship: Closing the Skills Gap grant program has awarded grants to 28 public-private apprenticeship partnerships.
Feb 19th, 2020
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NN INc. Appoints New CEO
Warren Veltman, who was NN's interim president CEO since September, is now cemented in those roles.
Feb 19th, 2020
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Is Your Distributor Website ADA Compliant?
Thousands of lawsuits have been filed in the past decade challenging the accessibility of business websites. Here's how to make sure your company's website is ADA-approved.
Feb 19th, 2020
In this Jan. 29, 2020 file photo, Tony Bonczewski repairs a heel on a customer's shoe at his cobbler shop in Wilkes-Barre, PA. Small business owners have received some upbeat news on the economy this month. Retail sales figures released Friday showed that consumers were inspired by unseasonably warm weather to spend on their homes in January, but that overall sales growth was modest.
Small Businesses Getting Upbeat Economy News
January's economic reports showed that more consumers are working, which is a good omen for higher retail sales in the coming months.
Feb 18th, 2020
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SW Safety Launches New Website
Offering streamlined features, the new site is one of the final steps of the company’s brand refresh.
Feb 18th, 2020
Barnes Group
Barnes Group Appoints New General Counsel, Secretary
Barnes has appointed the general counsel and secretary successor to Peter Gutermann, who will retire at the end of March.
Feb 18th, 2020
In this Thursday, Sept. 19, 2019 file photo, Amazon CEO Jeff Bezos walks off stage after holding a news conference at the National Press Club in Washington to announce the Climate Pledge, setting a goal to meet the Paris Agreement 10 years early.
Jeff Bezos Commits $10B to Climate Change
The world’s richest person will start giving grants this summer to scientists, activists and nonprofits working to protect Earth.
Feb 18th, 2020
In this Feb. 13 photo, masked workers assembly wiring for automobile at a factory in Qingdao in east China's Shandong province. Automakers are gradually reopening factories in China that were idled by anti-virus controls as they try to reverse a sales slump in their biggest market.
Automakers in China Gradually Reopen After Virus Shutdown
Local officials have orders from the ruling Communist Party to get businesses functioning again.
Feb 17th, 2020
In this Feb. 19, 2017, file photo, Wei Jianjun, chairman of Great Wall Motors Ltd., gestures as he speaks during an event celebrating it sales passing the one million mark, at the Great Wall headquarters in Baoding in north China's Hebei province. General Motors decision to pull out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments raised dismay Monday, Feb. 17, 2020 from officials concerned over job losses. The words behind reads 'By 2020, Haval SUV sales will pass 2 million, become the world's biggest specialty SUV brand.'
GM to Pull Out of Three Countries
It's part of the company's strategy to exit markets that don't produce adequate returns on investments.
Feb 17th, 2020
Martin Fastening
Martin Fastening Earns ISO 2009-2015 Certification
The fastening division of Martin Supply — No. 48 on ID's Big 50 List — was awarded the certification after a company-wide audit.
Feb 14th, 2020
In this Dec. 16, 2019 file photo, a Boeing worker walks past a 737 model fuselage and a giant mural of a jet on the side of the manufacturing building behind in Renton, WA.
Hurt by Boeing, US Factory Output Slips 0.1%
US manufacturing has shown signs of recovering from a year-long downturn but is facing a fresh challenge from Boeing's troubles.
Feb 14th, 2020
Sales Pitch I Stock 623266940
Setting SMARTer Sales Goals
A surprising number of salespeople operate without goals: the functional equivalent of a pilot with no flight plan.
Feb 14th, 2020
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Sonepar USA Appoints HR Leaders
Sonepar USA has announced new senior vice presidents for Vallen North America and Sonepar North America.
Feb 13th, 2020
A traveler stands on a bridge near a display showing government propaganda in the fight against the COVID-19 viral illness in Beijing, China Thursday, Feb. 13, 2020. China is struggling to restart its economy after the annual Lunar New Year holiday was extended to try to keep people home and contain novel coronavirus. Traffic remained light in Beijing, and many people were still working at home.
Virus Blamed for Forecast Fall in Oil
The International Energy Agency said that the consequences of the outbreak for oil demand “will be significant.”
Feb 13th, 2020
Paulson Manufacturing's disposable, anti-fog infectious disease control (IDC) goggle designed for splash, smoke, and particulate protection for the eyes.
California PPE Supplier Helping Fight Coronavirus
China enlisted the help of a Southern California maker of PPE products to help with the country's shortage of goggles and facemasks.
Feb 13th, 2020
In this Feb. 25, 2019 photo, attendees walk to enter at the Mobile World Congress wireless show in Barcelona, Spain. Organizers of the world’s biggest mobile technology fair are pulling the plug over worries about the viral outbreak from China. The annual Mobile World Congress show will no longer be held as planned in Barcelona, Spain, on Feb. 24-27.
Virus Worries Cancel Mobile World Congress
The plug has been pulled for the annual Mobile World Congress show, considered the world's largest mobile technology expo.
Feb 12th, 2020
I Stock 185168137
Electrical Safety Tips for the Industrial Workplace
Industrial workers are surrounded by potential electrical hazards, which makes following safety instructions critical.
Feb 12th, 2020
Moving company U-Haul has a new hiring policy and smokers need not apply. Starting this month the company will screen out people who use tobacco or nicotine when making new hires in certain U.S. states.
Company Anti-Tobacco Efforts Often Fail
Research shows little evidence that company wellness plans improve employee health or lower health care costs.
Feb 12th, 2020
Gws Natc
GWS Tool Acquires North American Tool
It's already the second acquisition for Tavares, FL-based GWS, which acquired Intrepid Tool Industries in January.
Feb 12th, 2020
Robots
Installation of Robots Slumped in 2019
But industry stakeholders hope it's short-lived.
Feb 12th, 2020
In this Feb. 9 photo, an electronic display board showing a precautionary notice of the coronavirus at a deserted upscale shopping mall in Beijing. Chinese authorities are struggling to strike a delicate balance between containing a deadly viral outbreak and restarting the world’s second-biggest economy after weeks of paralysis.
Businesses Struggle to Fix Supply Chains Hit by Virus
Global supply chains remain widely disrupted for businesses across the world that have built deep connections to China.
Feb 12th, 2020