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Dec 10th, 2015
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Economy
November Fastener Distributor Index Re-Enters Contraction, Has Biggest One-Month Drop Since July 2016
The index has sunk 9.3 points over the past two months, while distributors' six-month outlook had a modest improvement.
Mergers & Acquisitions
Marsh Bellofram Sells King-Gage to NOSHOK
King-Gage markets application-specific solutions for level measurement, inventory tank gauging and compressed air filtration o the chemical, industrial, offshore, marine and food & beverage industries.
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Makita Launches Two 18V LXT Cordless Rivet Tools
The 18V LXT Brushless Cordless Rivet Tools provide power, speed and convenience to the application.
Earnings
Fastenal Daily Sales Accelerate in Nov., Reversing Trend
Though still considerably slower than what Fastenal started the year with, November's figures were a reversal a year-long deceleration.
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US Trade Gap Narrows 7.6% to $47.2 billion in October
The deficit in the trade of goods with China narrowed by 1.1% to $31.3 billion in October and is down 14.6% so far this year.
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China Says US Must Cut Tariffs in Trade Deal
The two sides are negotiating details of a “Phase 1” agreement announced by President Donald Trump in October.
Mergers & Acquisitions
Winsupply Acquires MN-Based Pumps Supplier Industrial Equipment & Parts
Industrial Equipment & Parts provides heavy industrial pumps, and value-added parts and services to customers in the Upper Midwest.
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Kapro Tools Introduces 705 Eagle Contractor Box Level
New box level features patented OPTIVISION Red technology for improved visibility and readability.
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ReThink Labeling Launches Exclusive Certified Label Program for Epson Printers
New solution overcomes common problems of label appearance, adhesion and performance.
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Holidays Bring Phishing Scam Surge Aimed at Small Business
While cybercriminals strike at any time of the year, they’re particularly active during the holiday and income tax filing seasons when computer users expect to see more emails.
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OSHA’s 2019 Included Most Inspections in 4 Years
Federal OSHA conducted 33,401 inspections in fiscal 2019 — its most since 2015 — and provided training programs to a record number of employees.
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Are Trade Shows Still Worth It?
We’ve seen some serious marketing crimes committed at trade shows.
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Businesses Add Only 67K Jobs in November; Manufacturing Down 6K
Manufacturing, construction and mining each lost 6,000 jobs last month in a slowdown in the goods-producing sector.
Home
Tackle Tough Scale Buildup
Goodway offers a small, portable scale removal system to effectively perform clean-in-place descaling within a facility.