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March 2014 News

Dentec Safety acquires U.S. Safety respirator business

Dentec Safety Specialists has acquired the U.S. Safety respirator business from MCR Safety. 

Solid manufacturing growth predicted through 2015

Manufacturing has potential for solid growth through 2015, according to the quarterly Manufacturers Alliance for Productivity and Innovation (MAPI) U.S. Industrial Outlook.

NAM economist to speak at STAFDA event

STAFDA will welcome Chad Moutray, chief economist for the National Association of Manufacturers (NAM), as a guest speaker at its upcoming Congressional Fly-In.

Radians to move to Reno location

Personal protective equipment manufacturer Radians Inc. will triple its warehouse space when it moves from Sparks, Nev., to a new 40,000 square foot facility in Reno.

Bishop Lifting Products acquires Delta Rigging & Tools

SBP Holdings, through its wholly owned subsidiary Bishop Lifting Products, has completed the acquisition of Delta Rigging & Tools, headquartered in Houston.

HD Supply opens New Hampshire location

HD Supply has opened a new combined Waterworks and White Cap facility in Manchester, N.H.

BDI names conveying equipment manager

BDI (Bearing Distributors Inc.), headquartered in Cleveland, Ohio, announced the appointment of Dan Paustian as category manager of conveying equipment.

H.B. Fuller revenue up 1.3 percent

H.B. Fuller Company reported that net revenue for the first quarter of 2014 were $486.0 million, up 1.3 percent versus the first quarter of 2013.

Durable goods orders increase

New orders for manufactured durable goods increased 2.2 percent in February  to $229.4 billion, the U.S. Census Bureau announced.

WinWholesale opens Denver DC

WinWholesale Inc. has opened a new 256,000 square foot regional distribution center in Denver to serve operating locations mainly in the western United States.

Cichocki named Airgas USA president

Airgas Inc. announced that Andrew R. Cichocki has been named president of Airgas USA, effective April 1.

Motion Industries names group executives

Motion Industries announced two promotions to Group Executive as part of the company’s field organization changes.

NetPlus adds four suppliers

NetPlus Alliance, the buying and marketing group for for industrial and contractor supplies distributors, has added a new product supplier and three new service suppliers.

HD Supply narrows loss in 2013

HD Supply reported net sales of $8.5 billion for fiscal 2013, an increase of 9.4 percent compared to fiscal 2012.

STAFDA plans congressional 'Fly-in'

The Specialty Tools & Fasteners Distributors Association (STAFDA) will hold its 2nd Annual Congressional Fly-In to Washington D.C. on Wednesday, June 11, and Thursday, June 12.

STAFDA offers profitability DVD

The Specialty Tools & Fasteners Distributors Association (STAFDA) and the Profit Planning Group (PPG) have teamed up to produce a new DVD on profitability.

ISA members report mixed results

Manufacturers reported a stronger month than distributors in February, but business continued to expand for both groups.

Economic activity increased in February

Led by improvements in production-related indicators, the Chicago Fed National Activity Index increased to +0.14 in February from –0.45 in January.

Deb Group to acquire Stoko skin care business

Deb Group Ltd, has reached an agreement with Evonik Industries to acquire the Stoko Professional Skin Care business.

TTI sales climbed 11.6 percent

Hong Kong based global power equipment and floor care company, Techtronic Industries Co. reported 2013 sales increased by 11.6% to $4.3 billion.

Actuant sales up 9 percent

Actuant Corporation reported fiscal second quarter sales of $328 million increased 9% compared to the prior year.

Industrial production rises

Industrial production increased 0.6 percent in February after having declined 0.2 percent in January.

Radians adds to sales team

Kevin Kairys and Bryan Reed have joined Radians Inc. as regional sales managers and Pete Esposito and Dave Soyster were promoted to director of sales roles.

Q.E.P. Co. names senior VP of sales

Q.E.P. Co. Inc. announced the hiring of industry veteran Jamann Stepp as senior vice president of sales.

Harrington Hoists names VP Bus. Dev.

Harrington Hoists Inc. recently promoted Bret Lussow from business development sales manager to vice president of business development.

Graybar makes executive appointments

Graybar announced several changes to its leadership team and board of directors.

Cardinal Rubber & Seal acquires Stultz 

Roanoke, Va.-based Cardinal Rubber & Seal has acquired Stultz Machine, Tool & Equipment and renamed it Stultz Tool & Equipment.

Grainger February sales up 3 percent

Grainger reported sales for the month of February increased 3 percent versus February 2013.

Cutting tool consumption falls

January U.S. cutting tool consumption totaled $158 million, according to the U.S. Cutting Tool Institute and AMT – The Association For Manufacturing Technology.

Praxair acquires two distributors

Praxair has acquired United Welding Supplies in Texas and Best Welders Supply Inc. in Oklahoma.

Radiac Abrasives redesigns website

Radiac Abrasives, A TYROLIT Company, announced a new and improved website.

Reed Mfg. debuts new website

Reed Manufacturing Company introduced a redesigned website that allows easier access to tool training videos and new products, along with accessories and parts.

Radians inks agreement with Bob Dale Glove Co.

Radians, a manufacturer of personal protective equipment (PPE), announced a new partnership with Bob Dale Glove Company to distribute Radians products in Canada.

January manufacturing technology orders rise

January U.S. manufacturing technology orders totaled $365.06 million, 1.3% higher than January 2013.

WESCO acquires Hazmasters

WESCO Distribution Inc.'s Canadian subsidiary has entered into a definitive agreement to acquire Hazmasters Inc.

Construction, manufacturing employment gains

The construction industry added 15,000 jobs during February, while manufacturers posted 6,000 job gains.

MAPI: GDP to expand 2.8 percent in 2014

A modest rise in consumer spending combined with an increase in business investment in both equipment and structures should help increase U.S. economic growth, according to a new report.

Airgas reorganizes North Central region

Airgas announced the reorganization of its North Central distribution region, effective immediately.

McCarty Equipment opens Colorado branch

McCarty Equipment Co. announced the recent opening of a new location in Greeley, Colo.

Fourth-quarter productivity increased

Manufacturing sector productivity increased 1.3 percent in the fourth quarter of 2013, the U.S. Bureau of Labor Statistics reported today.

CET acquires Empire Machinery & Supply

C. E. Thurston & Sons Distributing LLC (CET) has acquired the Empire Industrial Products Division from Management Consulting Inc.

Fastenal February sales up 7.7 percent

Fastenal said its February sales of $274.5 million were 7.7 percent higher than in 2013.

Airgas acquires Welding & Therapy Service

Airgas has acquired Welding & Therapy Service Inc., an industrial and medical gas and welding supply distributor with five locations in Indiana and Kentucky.

ISA names interim executive vice president

The Industrial Supply Association named former managing director Kenneth R. Hutton to serve as interim executive vice president.

DXP 4Q sales up 7 percent

DXP Enterprises reported fourth quarter net income of $16.9 million, or $1.10 per fully diluted share, compared to $14.1 million, or 92 cents, in the same period last year.

Mine Safety Appliances to become MSA Safety Inc.

Global safety equipment manufacturer Mine Safety Appliances Company announced that its board approved the implementation of a new holding company structure.

Linde Canada acquires safety distributor

Linde Canada Ltd. has acquired Distribution Equiprotek, an independent safety equipment distributor headquartered in Chicoutimi, Quebec.

Triad Technologies opens Cincinnati branch

Triad Technologies opened a Hose & Fitting Center in Cincinnati.

Task Tools names new VP of sales

Stephen H. Jones has joined Task Tools as vice president of sales.

Graybar opens Va. branch

Graybar announced the opening of a new full-service branch in Harrisonburg, Va.

McCarty Equipment acquires Alternative Hose location

McCarty Equipment Company, a wholly owned subsidiary of Houston-based GHX Industrial and The United Distribution Group, has acquired the Bakersfield, Calif., location of Alternative Hose.

Manufacturing expansion continues

Economic activity in the manufacturing sector expanded in February for the ninth consecutive month, according to the latest Manufacturing ISM Report On Business.