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September 2014 News

MSC Industrial Supply opens Ohio DC
MSC Industrial Supply opened its fifth Customer Fulfillment Center in Columbus, Ohio.

Mallory Safety & Supply acquires Interstate Safety
Mallory Safety and Supply has acquired Interstate Safety and Supply, a Sparks, Nev.-based full-line independent safety distributor.

NexAir acquires Cal East
Memphis-based nexAir, a distributor of atmospheric gases and welding supplies, announced the acquisition of Cal East Company Inc., a distributor of medical gases and supplies based in Atlanta.

Channellock names new president
Channellock Inc. has named Jonathan "Jon" S. DeArment as its president and chief operating officer, effective Oct. 1.

Airgas names East region president
Airgas named Jack Appolonia president of the Airgas East region, reporting to Shaun Powers, president of the Airgas North Division.

Titan acquires Advanced Striping Equipment
Titan, a maker of professional-grade sprayers and application equipment, announced the acquisition of Advanced Striping Equipment Inc. (ASE).

TriMas to acquire Allfast Fastening
TriMas Corporation has agreed to acquire Allfast Fastening Systems Inc. for approximately $360 million.

Chicago Fed National Activity Index slows
Led by declines in production-related indicators, the Chicago Fed National Activity Index decreased to 0.21 in August from +0.26 in July.

Hamilton Caster president co-authors book to bring jobs back to U.S.
Dave Lippert’s passion for pure American manufacturing doesn’t stop when he leaves the office.

ISA members see market expansion
The September ISA Economic Indicator Report (EIR) from the Industrial Supply Association shows continued market expansion for distributors and manufacturers.

Sonepar to acquire IDG
Sonepar North America, a subsidiary of the privately held Sonepar Group, announced plans to acquire Industrial Distribution Group.

Distributor warehouse guide available
E-commerce "distributors" rarely make warehouse mistakes and operate very efficiently, so competing against them requires filling orders accurately, quickly, and at a low cost.

Applied wins best workplace award
Applied Industrial Technologies has been acknowledged as one of Northeast Ohio's best workplaces for top talent in 2014.

Speedtech to offer Kwik Bandit fasteners
Speedtech International Inc. has been selected by Kwik Bandit Incorporated as the exclusive master distributor of Kwik Bandit fasteners for the United States and Mexico.

UID becomes University of Innovative Distribution
The University of Industrial Distribution (UID) officially changed its name to the University of Innovative Distribution (UID).

Cee Kay Supply names two regional managers
Keith Meuser and Brian Reutiman have been promoted to regional managers for Cee Kay Supply, a St. Louis-based distributor of industrial gases, welding and cutting equipment and supplies.

MAPI: Manufacturing poised for growth
U.S. manufacturing is poised for steady growth through 2016, according to the MAPI Foundation’s U.S. Industrial Outlook.

BlackHawk Industrial acquires Marshall Tool Salt Lake
BlackHawk Industrial announced the acquisition of certain assets of the Marshall Tool Salt Lake City, Utah operation.

Atlas Copco adds five product specialists
Atlas Copco announced the addition of five product specialists to its staff.

PTDA welcomes new members
The Power Transmission Distributors Association (PTDA) recently welcomed seven new member companies.

Grainger August sales climb 7%
Grainger reported that sales for the month of August increased 7 percent versus August 2013.

Brady Corporation narrows loss
Brady Corporation said its sales the fiscal 2014 fourth quarter increased 2.0 percent to $316.7 million compared to the fourth quarter of fiscal 2013.

July cutting tool consumption falls
July U.S. cutting tool consumption totaled $170 million, according to the U.S. Cutting Tool Institute and AMT – The Association For Manufacturing Technology.

HD Supply sales up 9 percent
HD Supply Holdings reported net sales for the second quarter of fiscal 2014 of $2.4 billion, an increase of 9 percent compared to the second quarter of fiscal 2013.

New president of Acklands-Grainger named
Grainger has named Dean Johnson president of its Canadian business, Acklands-Grainger.

NetPlus Alliance adds six members
NetPlus Alliance welcomed new distributor members to the buying and marketing group for industrial and contractor supplies distributors.

Skaff named Lackmond marketing VP
Lackmond Products Inc. has named Ted Skaff vice president of marketing.

WinWholesale opens Northwest Arkansas Winwater
WinWholesale Inc. has opened Northwest Arkansas Winwater in Bentonville, Ark.

July manufacturing technology orders fall
July U.S. manufacturing technology orders totaled $354.63 million, down 1.4% when compared with the total of $359.70 million reported for July 2013.

Equity group buys Abrasive Products & Equipment
Charlotte, N.C.-based private equity firm Ridgemont Equity Partners has closed a majority investment in Abrasive Products & Equipment.

Industrial Supply Co. to expand
Salt Lake City-based Industrial Supply Company has begun an expansion project to connect two existing warehouses.

Pelican Products re-brands division
Pelican Products announced the re-branding of its global temperature controlled packaging division, Pelican BioThermal LLC, to take effect on Oct. 1.

No change in factory employment in August
There was no change in factory employment during the month of August, according to the monthly jobs report from the U.S. Bureau of Labor Statistics.

Fastenal August sales up 9.8%
Fastenal reported that its August sales grew by 9.8 percent to $326.9 million.

Grainger data center earns LEED certification
Grainger announced its new data center in Lake Forest, Ill., is certified as the world's first Leadership in Energy and Environmental Design (LEED) facility of this type.

WD-40 acquires GT85 Limited
WD-40 Company has completed the acquisition of GT85 Limited, a United Kingdom-based company that markets the GT85 and SG85 brands of multi-purpose maintenance products.

IBC adds preferred suppliers
Industrial Buyers Consortium (IBC) announced its new relationship with SMO Catalog Marketing of Bensenville, Ill., and welcomed three preferred suppliers.

H.B. Fuller acquires ProSpec
H.B. Fuller Company has acquired ProSpec Construction Products, a provider of tile and stone installation products.

Manufactured goods orders up 10.5 percent
New orders for manufactured goods increased 10.5 percent to $558.3 billion in July.

Solares Florida named Goodyear STAR distributor
Solares Florida Corporation has been certified by Veyance Technologies as a Goodyear Engineered Products STAR industrial hose distributor and assembler.

Manufacturing expanded in August
Economic activity in the manufacturing sector expanded in August for the 15th consecutive month, according to the Institute for Supply Management.

ITW Pro Brands created
LPS, ITW Professional Brands (formerly ITW Dymon) and Atlantic Mills have combined product portfolios and will now operate as ITW Pro Brands.

Durable Mecco acquires Stamp-Rite division
Durable Mecco, a manufacturer of industrial marking equipment, acquired the steel stamp division of Stamp-Rite Supersine Inc. in June 2014.

Tech Air acquires two distributors
Tech Air has acquired US Oxygen & Supply of Arlington, Texas, and Specialty Air Technologies of Long Beach, Calif.

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