June 2017 News

Milwaukee Tool expands warnings on battery pack
In consultation with the U.S. Consumer Product Safety Commission, Milwaukee Tool is expanding the warnings and instructions of its M18 HIGH DEMAND 9.0 battery pack (model no. 48-11-1890).

Kennametal names new CEO
Kennametal Inc. appointed Christopher Rossi as president and chief executive officer and a director of the company.

DDI System acquires General Data
DDI System, a distribution ERP technology provider, has acquired General Data Systems of St Louis.

Timken to acquire Groeneveld Group
The Timken Company has agreed to acquire Groeneveld Group, a provider of automatic lubrication solutions used in on- and off-highway applications, for approximately $280 million.

Radians to expand Memphis operations
Radians Inc. recently broke ground on a new addition to its warehouse and offices in Memphis, Tennessee.

NTN names new industrial aftermarket sales VP
NTN announced the promotion of Scott Eiss to vice president of sales, industrial aftermarket.

Fairmont Supply names division VP and GM
Fairmont Supply appointed Brian Saenz as vice president and general manager of the company’s Piping and Equipment division.

F.W. Webb opens two NJ locations
F.W. Webb Company opened a new location in Piscataway, New Jersey, and also acquired Master Wholesale Supply in Vernon, New Jersey.

Chicago Fed Index slows
Led by declines in production-related indicators, the Chicago Fed National Activity Index moved down to –0.26 in May from +0.57 in April.

CONTOUR360 names Day VP and GM
CONTOUR360º announced the promotion of Charlie Day to vice president and general manager.

FPDA and ISD to hold joint Summit
The FPDA Motion and Control Network (FPDA) and the International Sealing Distribution Association (ISD) Joint Industry Summit provides expanded networking opportunities for the leaders of the industries served by these two associations.

Emuge Corp. and Open Mind Technologies partner
Emuge Corp. has established a partnership with Open Mind Technologies AG, a developer of CAM/CAD software solutions.

Expansion continues in May for ISA members
The June ISA Economic Indicator Report (EIR) from the Industrial Supply Association showed that manufacturers and distributors experienced continued economic expansion in May.

Rex-Cut names Costa president
Rex-Cut Abrasives named Bob Costa as the company’s president, succeeding Claude Gelinas, who is planning to retire in late 2018.

Reelcraft to be acquired by Madison Industries
Reelcraft announced that SKF has signed an agreement, subject to regulatory approvals, to divest Reelcraft to Madison Industries.

Tech Air acquires Angelus Welding
Tech Air, a Connecticut-based distributor of industrial, medical, and specialty gases and related equipment and supplies, has completed the acquisition of Angelus Welding Inc.

Dynabrade names vice president of sales
Dynabrade Inc. announced the appointment of Steven D. Briggs as vice president of sales.

Industrial production unchanged in May
Industrial production was unchanged in May following a large increase in April and smaller increases in February and March.

VARGO names engineering project manager
VARGO, a provider of material-handling system integration, warehouse execution software and equipment solutions for major fulfillment and distribution centers, has hired Omar Eissa as an engineering project manager.

Mallory Safety acquires United Fire Health and Safety business
Mallory Safety and Supply has acquired the safety distribution business of United Fire Health and Safety of Portland, Oregon.

NetPlus Alliance announces personnel moves
NetPlus Alliance announced two new additions to its staff and the promotion of one long time employee. 

Distribution One releases Cloud software version
Distribution One announced a new version of its Enterprise Resource Planning (ERP) software suite for wholesalers and distributors: ERP-ONE+ Cloud and On-Premise.

U.S. cutting tool consumption falls in April
April U.S. cutting tool consumption totaled $168.03 million, down 16% from March’s $200.05 million and down 3.6% from $174.26 million reported for April 2016.

UPS report says traditional distribution model faces risks
Asset-light e-marketplaces and other nontraditional shopping channels, combined with shifting demographics, are upending industrial distributors’ inventory-heavy model more rapidly than previously thought.

ITT names Industrial Process president
ITT Inc.appointed David J. Malinas as president of its Industrial Process business, reporting to Luca Savi, ITT's chief operating officer.

Essendant president and CEO resigns
Essendant announced that Richard D. Phillips, group president of Industrial, has been appointed interim president and chief executive officer, effective immediately.

Motion Industries opens new Dallas DC
Motion Industries recently moved into a new distribution center in Grand Prairie, Texas.

MRC Global opens CA regional distribution center
MRC Global has opened a new regional distribution Center in Shafter, California.

RBC Bearings announces leadership moves
RBC Bearings announced internal promotions as part of the company's succession plan for its senior leadership team.

Gardner Denver acquires LeROI Compressors
Gardner Denver Holdings Inc. has acquired LeROI Compressors for approximately $20 million.

Klein Tools acquires General Machine
Klein Tools announced the acquisition of the General Machine Products Company business based in Trevose, Pennsylvania.

KNIPEX names key accounts sales manager
KNIPEX Tools announced Daryl Warren as key accounts sales manager.

Fastenal sales soar 14.9 percent in May
Fastenal reported sales of $383.5 million in May, a 14.9 percent increase from $333.7 million in May 2016.

Manufacturing productivity up 0.5 percent
Manufacturing sector labor productivity increased 0.5 percent in the first quarter of 2017, as output increased 2.6 percent and hours worked increased 2.1 percent.

DPA Buying Group adds members
The DPA Buying Group welcomed 14 new distributor members to its industrial products division.

Grainger launches
Grainger announced the launch of, a new e-commerce capability designed to provide useful information to industrial professionals seeking time-saving solutions for challenging projects.

Small job gains for construction during May
Construction employment increased by 11,000 jobs in May but factory employment fell by 1,000 jobs during the month.

Rockford Systems expands executive sales team
Rockford Systems expanded its executive sales management team by adding new sales leadership for key accounts and realigning its regional sales organization.

Fellin joins Grobet USA
Grobet USA announced that Bart Fellin was named national sales manager, effective June 1.

Construction spending down in April
Construction spending during April was estimated at a seasonally adjusted annual rate of $1,218.5 billion, 1.4 percent below the revised March estimate of $1,235.5 billion.

Manufacturing expands in May
Economic activity in the manufacturing sector expanded in May according to purchasing managers.

Tencarva Machinery opens Mississippi facility
Tencarva Machinery Company has opened a new branch office in Columbus, Mississippi.

Tevens joins Allied Motion board
Allied Motion Technologies Inc. announced the appointment of Timothy T. Tevens to its board of directors, effective immediately.