ID Quick Hits: Fastenal Bounces Back, Grainger Gains India E-Commerce, And Anixter’s Profit Dives

Today's Quick Hits cover Fastenal's January daily sales growth snapping a 4-month streak of decline, Grainger's partnership with India-based industrial products marketplace Industrybuying.com, and a look at Anixter's Q4 earnings report.

Feb 9, 2016

Today's Quick Hits cover Fastenal's January daily sales growth snapping a 4-month streak of decline, Grainger's partnership with India-based industrial products marketplace Industrybuying.com, and a look at Anixter's Q4 earnings report.

Industrial Media Unboxing Video

Industrial Media Unboxing Video

January 8, 2025

Fw Webb West Babylon

F.W. Webb Expands Partnership with Rheem

January 9, 2025

Tencarva branch, Springdale, Ark.

Tencarva Acquires Michigan Pump Distributor

January 9, 2025

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AFC Industries Acquires Ontario Distributor

January 9, 2025

Security Breach Podcast

Security Breach Podcast

A new video series from Manufacturing.net - Security Breach, looks to offer the insight and tools needed to ready your company's defenses. Stay up-to-date on today's vital cybersecurity topics by subscribing here.

January 10, 2025

Fw Webb West Babylon

F.W. Webb Expands Partnership with Rheem

The deal adds Rheem’s complete HVAC product line to F.W. Webb's inventory.

January 9, 2025

Tencarva branch, Springdale, Ark.

Tencarva Acquires Michigan Pump Distributor

The move allows the company to expand into the Upper Midwest.

January 9, 2025

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AFC Industries Acquires Ontario Distributor

AFC said the deal would help its Canadian operations reach their "full potential."

January 9, 2025

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Longshoremen Reach Agreement with Ports, Shippers, Averting Potential Strike

The sides said the deal protects union jobs while enabling ports to implement new technology.

January 9, 2025

MSC office, Houston, April 2021.

MSC Sales Down Nearly 3% as Earnings Drop More than 30%

Officials, however, said the quarter “exceeded our expectations.”

January 8, 2025

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Fastenal’s CFO to Leave the Company

Holden Lewis will depart after nearly nine years with the Minnesota distributor.

January 7, 2025

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Oregon Distributors R&S, SASCO Announce Merger

The deal adds a third R&S location in the state.

January 7, 2025

Grainger’s distribution center in Minooka, Ill.

Grainger Buys Chicagoland Warehouse

The campus is located next to the company’s Illinois distribution hub.

January 6, 2025

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MRC Authorizes Share Repurchase Program

MRC's CEO said the announcement reflects "our confidence in the company’s future."

January 6, 2025

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NEFCO Acquires Unistrut Midwest

The Cincinnati company is NEFCO's second-largest acquisition to date.

January 6, 2025

Schaedler Yesco Purchases New Corp Office Image 2

Schaedler Yesco Announces New Headquarters

The company expects to move to a nearby suburb in mid-2025.

January 3, 2025

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Applied Industrial Completes Hydradyne Acquisition

The companies originally announced the deal in late November.

January 2, 2025

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AI Is Becoming Ingrained Across Industries; Where Is It Going in 2025?

Companies are increasingly grappling with how to adapt both quickly and responsibly.

January 2, 2025

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Sonepar Sells Off its Vallen Asia Operations

The subsidiary was sold to Vallen Asia's leadership team under a management buyout.

December 31, 2024