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Oct 17th, 2018

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In this June 12, 2019 file photo, General Motors employees work on the chassis line as they build the frame, power train and suspension onto the truck's body at the Flint Assembly Plant in Flint, MI.

GM Strike Pushes October Industrial Production Down 0.8%

The Federal Reserve said Friday that manufacturing output tumbled 0.6% last month, largely because production of cars and auto parts plunged 7.1%.

Grainger Donates $100K to Folds of Honor, Doubling Commitment to Military Families

At twice the amount of Grainger's 2018, the donation will fund 20 STEM scholarships of $5,000 each to military families nationwide.

SBP's Bishop Lifting Products Acquires Louisiana Crane & Electrical Services

The SBP Holdings Subsidiary adds a regional manufacturer of overhead cranes and mechanical handling solutions.

Wiborg Becomes 1st Man to Join W.I.S.E. Advisory Council

Stellar Industrial Supply CEO John Wiborg is the first male on ISA's Women Industrial Supply Executives Advisory Council in W.I.S.E.'s 12-year history.

Fastener I Stock

October Fastener Distributor Index Shows Continued Slowdown

The index fell nearly four percentage points from September, though was still in expansion territory.

DXP Enterprises Posts Decelerated Q3 Sales, But Still Solid Growth

Sales were down sequentially and slower than Q2, but still up a healthy 6.2 percent year-over-year, along with increased profits.

Total Safety Acquires Pacific Coast Tool to Expand Power Utility Segment

Pac Coast will operate and be integrated under Total Safety’s specialty distribution business unit, which operates under the S&S Supplies and Solutions brand that Total Safety acquired this past summer.

Columbus Mc Kinnons

Columbus McKinnon to Close Ohio Plant as Q2 Sales Fall 4%

The company said it will be closing its Lisbon, OH factory and consolidating its operations into CM's facilities in Virginia and North Carolina.

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PipelineDeals Sponsors Industrial Supply Association's IMR 2.0 Business and Planning Conference

Independent manufacturing representatives to utilize sales pipeline enablement tools to gain industry certification.

Hunt Valve Company Acquires Pima Valve

Salem, OH-based Hunt Valve, which specializes in valve engineering and production serving the U.S. Navy and industrial customers, has acquired Chandler, AZ-based Pima Valve.

Fowler High Precision Announces New President

The 73-year-old supplier of inspection, leveling, control and calibration equipment has appointed a Patrick Madigan as its president, adding 20 years of executive experience to its leadership team.

Triad Technologies

Fluid Power Distributor Triad Technologies Privately Acquired by Shorehill Capital

Headquartered in Vandalia, OH, Triad is a value-added distributor of industrial fluid power and automation solutions.

ERIKS-Owned Industrial Controls, Rawson to Host 2019 Automation & Controls Symposium

Now in its eighth year, the Automation & Controls Symposium is a learning and networking event for professionals in the infrastructure, power plant, water, transportation, and building automation industries.

Fastenal Posts 4.3% October Sales Growth; Was 13% in January

While the company's October growth is still positive, it's a long ways from the consistent double-digit growth the company saw throughout 2018.