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Oct 17th, 2018

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Cutting Tool Istock

Year-to-Date US Cutting Tool Orders Up 0.2% In September

September's total was down 4.3 percent from August and down 7 percent year-over-year.

US Manufacturing Technology Orders Decrease in September, but Automotive Ticks Up

Orders decreased 41 percent from September 2018, yielding a 10 percent decline in the first three quarters of 2019.

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UPS Announces 4.9% Rate Hike for 2020

The increase is identical to the one FedEx announced two months ago.

Continental Restructuring Includes Closing VA Hydraulics Plant, 5K Jobs Cut

The auto parts supplier confirmed it will close five plants total by 2028 and will end its business in hydraulic components for gasoline and diesel engines.

I Stock 1154460110

Study: Transition from Corded to Cordless Positively Shaping Assembly Fastening Tools Market

The global assembly fastening tools market value is expected to hit $4 billion by 2027, with the move to cordless products as a big driver. See insights from a new market report here.

Genuine Parts Appoints former HD Supply Facilities Maintenance Head as Chief Transformation Officer

William Stengel, who spent 11 years in various executive roles at HD Supply, including more than a year as CEO of its Facilities Maintenance segment, has joined the leadership team at GPC.

Jan San Micrositeaa

Makita Expands into Jan/San Industry

With an expanding product offering for janitorial and sanitation use, Makita launches a new microsite delivering product information, video and more.

Kaman Distribution

Kaman Distribution Appoints Former ERIKS Leader Mondics as CEO

As the new leader of Kaman Distribution Group, Ben Mondics most recently served as president and CEO of ERIKS North America and has 35 yrs of experience in the field of industrial distribution.

ISA Names Vice President of Strategic Initiatives

Brendan Breen will help build strategies, facilitate planning sessions and drive change activities to enhance ISA’s value and competitiveness for its members.

PTDA's PT WORK Force Raises Almost $280K in 2019 Contributions

The PTDA Foundation initiative provides recruitment and retention tools and resources to power transmission/motion control companies.

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.