A handful of items on ID had exceptionally high traffic this past week, including two regarding MSC Industrial. In one, its CEO talked about overall market pessimism among distributors and suppliers, while the other was news of the passing of former MSC CEO David Sandler.
Here's this week's Top 5.
MSC Industrial CEO Talks "Belt Tightening" Among Distributors, Suppliers: Some industrial distributors and suppliers and pointed to signs of apparent industrial economy recovery as of late, but MSC Industrial CEO Erik Gershwind says that notion has given way to conservation and decreased optimism among its the company's customers.
MSC Vice Chairman, Former CEO Sandler Passes Away At 59: MSC executive vice chairman and former CEO David Sandler passed away Monday morning at the age of 59 following a battle with pancreatic cancer. Sandler served as MSC president from 2003 to October 2011 and as CEO from 2005 until Jan. 1, 2012.
Fastenal Q2 Sales Tick Up, Store Closures Outpacing Openings: Along with an a slight uptick in sales and dip in profit, the company's vending sales continued to grow while it provided details on a revised goal for 2016 store openings.
Timken Acquires Couplings Maker Lovejoy For $66 Million: Based in Downers Grove, IL with additional locations in the U.S., Canada and Germany, Lovejoy is recognized for its flexible coupling design and as the creator of the jaw-style coupling.
MRO, Industrial Products Featured On eBay Business Supply: Launching roughly 15 months after Amazon Business, eBay's counter offer includes industrial product categories of MRO & industrial supply, building materials, light equipment, mining equipment, protective gear and more.