VMR: A Rough Quarter Across The Industry

Our latest Video Market Report centers on quarterly earnings reports for several of ID's Big 50 companies and major industrial manufacturers – most of which lowered their outlook and/or announced job cuts as profits continue to slump.

Oct 29, 2015

Our latest Video Market Report centers on quarterly earnings reports for several of ID's Big 50 companies and major industrial manufacturers – most of which lowered their outlook and/or announced job cuts as profits continue to slump.

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Motion to Acquire Pennsylvania Conveyor Company
December 3, 2024
Core & Main branch, St. Louis.
Core & Main Says its Q3 Sales Set New Record
December 3, 2024
Grand opening ceremony at Border States' Odessa, Texas, branch, Oct. 24, 2024.
Border States Opens Texas, North Carolina Branches
December 3, 2024
Motion Control Enterprises 612fe3f5bfead 6543ef25985d4
Motion & Control Enterprises Acquires North East Technical Sales
December 2, 2024
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Mergers & Acquisitions
Motion to Acquire Pennsylvania Conveyor Company
The distributor said the move would add new end markets and customers.
December 3, 2024
Core & Main branch, St. Louis.
Earnings
Core & Main Says its Q3 Sales Set New Record
The company raised its outlook despite a drop in net income in the latest quarter.
December 3, 2024
Grand opening ceremony at Border States' Odessa, Texas, branch, Oct. 24, 2024.
Company Expansion & Consolidation
Border States Opens Texas, North Carolina Branches
Company executives said the expanded locations are part of its "larger growth trend."
December 3, 2024
Motion Control Enterprises 612fe3f5bfead 6543ef25985d4
Mergers & Acquisitions
Motion & Control Enterprises Acquires North East Technical Sales
The deal is MCE's 16th acquisition this year.
December 2, 2024
I Stock 1546682621
Economy
Manufacturing PMI Edges Up but Indicates Continued Contraction
The November index came in at 48.4%.
December 2, 2024
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Mergers & Acquisitions
DNOW Acquires Trojan Rentals
The deal marks the company's third acquisition in the water management segment.
November 27, 2024
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Mergers & Acquisitions
H.I.G. Capital Acquires Northwest Pump and Equipment
H.I.G. officials said the Portland distributor is "poised for growth."
November 27, 2024
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Technology & Software
As Amazon Expands Warehouse Robots, What Will it Mean for Workers?
The company is already seeing benefits, such as reducing the time it takes to fulfill orders and helping employees avoid repetitive tasks.
November 25, 2024
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Company Expansion & Consolidation
CK Supply Breaks Ground on $10M Missouri Expansion
The company said that the new facility would become a hub for the Kansas City region.
November 26, 2024
Core & Main branch, Murfreesboro, Tenn.
Company Expansion & Consolidation
Core & Main Adds Chattanooga Branch
The location is the company’s eighth in Tennessee.
November 26, 2024
I Stock 879133968
Economy
Metalformers’ Outlook Slightly Improves; Shipping Levels Trend Upward
Hiring and staffing trends, however, were down slightly compared to the previous month.
November 26, 2024
Ad 2024
Awards
Indiana Distributors Named AD's ‘Members of the Year’
P&I Supply and Industrial Supply Co. were honored at a recent AD conference.
November 26, 2024
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Company Expansion & Consolidation
Hillman Floats New $95M Ohio Headquarters
The project is located in the same Cincinnati suburb that Hillman moved to last year.
November 26, 2024
President-elect Donald Trump at a meeting of the House GOP conference, Washington, Nov. 13, 2024.
Supply Chain
Trump Threatens to Impose Sweeping Tariffs on Mexico, Canada, China
If implemented, they could dramatically raise prices on everything from gas to cars to agricultural products.
November 26, 2024
I Stock 1255400522
Mergers & Acquisitions
Applied Industrial Technologies to Acquire Hydradyne
The deal would combine a pair of industry giants.
November 22, 2024