Distribution Industry News

Industrial production rose 0.3 percent in September

The continued effects of Hurricane Harvey and Hurricane Irma combined to hold down the growth in total production to 0.3 percent in September.

Grainger sales up 2 percent

Grainger reported third quarter sales of $2.6 billion increased 2 percent versus the third quarter of 2016.

U.S. cutting tool increased in August

August U.S. cutting tool consumption totaled $196.23 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

Winsupply opens HVAC distributor in Kansas City

Winsupply Inc. has opened a new Winsupply company in Kansas City, Missouri.

Motion Industries names VP/GM of Dallas division

Motion Industries has named Stacy Lenard vice president/general manager of the company’s Dallas division.

Nations receives Warren Pike Award

The Power Transmission Distributors Association named Andy Nations, CEO of B&D Industrial, Macon, Georgia, the 27th recipient of its Warren Pike Award for lifetime achievement in the power transmission/motion control industry.

Core & Main appoints senior leadership team members

Core & Main recently announced the appointment of two new senior leadership team members.

Distribution One introduces Warehouse+

Distribution One announced a new mobile app warehouse tool in its family of applications for wholesale distributors called Warehouse+.

Fairmont Supply names VP and GM

Fairmont Supply announced the appointment of Tanya Lauer as vice president and general manager.

Fastenal sales up 11.8 percent

Fastenal reported net sales for the third quarter increased 11.8 percent to $1.1 billion, compared to $1.0 billion in the third quarter of 2016.

MITS names new vice president of sales

MITS, a provider of reporting and analytics solutions for distributors and manufacturers, announced the hiring of Brian Friedle as vice president of sales.

Manufacturing technology orders up in August

The expansion of manufacturing technology orders slowed in August, but continued to push recovery into its third quarter according to the latest U.S. Manufacturing Technology Orders report.

NEFCO acquires Tekk Supply

The NEFCO Corporation announced the opening of its first Florida branch in the Miami/Fort Lauderdale metropolitan area, after acquiring the operating assets of Tekk Supply Inc.

Kyocera to acquire Ryobi power tool business

Kyocera Corporation has agreed to acquire the majority of shares of a company to be established from the split of Ryobi Limited’s power tool business.

Heule Tool  adds to marketing staff

Heule Tool Corporation named Lynn Bissell sales and marketing coordinator.

Radians names VP of retail sales

Radians named Chris Massa vice president of retail sales, overseeing Radians’ expanding retail channel that provides personal protective equipment to hardware and sporting goods stores and e-commerce sites.

3M acquires Scott Safety

3M announced that it has completed its acquisition of Scott Safety from Johnson Controls for $2.0 billion.

AD launches disaster relief foundation

AD announced the formation of the AD Disaster Relief Foundation to support AD members when natural or man-made disasters strike.

NAW Institute for Distribution Excellence elects board members

The NAW Institute for Distribution Excellence has announced the election of three new members to its board of directors.

Epicor names new CEO

Epicor Software Corporation appointed Stephen Murphy, former president of OpenText, to the role of CEO.

Lawson Products acquires The Bolt Supply House

Lawson Products announced the acquisition of The Bolt Supply House Ltd., based in Calgary, Canada, for approximately CAD$40.0 million.

Winsupply acquires Certified Plumbing and Electrical Supply

Winsupply Inc. has acquired Certified Plumbing and Electrical Supply Co. Inc., based in Live Oak, Florida.

General Pipe Cleaners names new national sales manager

General Pipe Cleaners, a division of General Wire Spring, has named Dave Dunbar as national sales manager.

FCX Performance names EVP of operations

FCX Performance, a distributor of specialty process flow control products and services, has hired Theron Neese as executive vice president of operations.

Construction spending up in August

Construction spending during August 2017 was estimated at a seasonally adjusted annual rate of $1,218.3 billion, 0.5 percent above the revised July estimate of $1,212.3 billion.

Carlisle Companies to acquire Accella Performance Materials

Carlisle Companies has entered into a definitive purchase agreement to acquire Accella Performance Materials from Arsenal Capital Partners for $670 million in cash.

Manufacturing expanded in September

Manufacturing expanded in September according to the Institute for Supply Management's purchasing manager's index.

Hitachi names new VPs

Hitachi Power Tools (Hitachi Koki USA, Ltd.) announced promotions to its top level management structure effective Oct. 1.

Airline Hydraulics names new CEO

Airline Hydraulics Corporation, a regional supplier of fluid power, automation, electrical control, safety products and engineered systems, has appointed Mark Steffens as CEO.