September 2017 News

Apache partners with ScanBelt
Apache Inc. announced a strategic partnership with ScanBelt, adding the full suite of ScanBelt products to Apache’s belt fabrication offering.

AD Industrial event sets record attendance
AD Industrial reported record attendance of 800 people at the 2017 AD North American Meeting at the Gaylord Texas, in Grapevine, Texas, from September 17-20.

H.B. Fuller revenue up 9.8 percent
H.B. Fuller Company reported net revenue for the third quarter of 2017 was $562.9 million, up 9.8 percent versus the third quarter of 2016.

Hydraulic Supply to open Greenville location
Hydraulic Supply Company announced plans for the opening of its 27th location, in Greenville, South Carolina.

Mayhew Tools adds to marketing staff
Mayhew Tools announced the addition of Bianca Law to its marketing department.

Actuant reports loss for Q4 and full year
Actuant Corporation reported consolidated sales for the fourth quarter were $276 million, flat with the prior year’s sales level.

Growth accelerates for ISA members
The September ISA Economic Indicator Report (EIR) from the Industrial Supply Association showed that manufacturers and distributors experienced accelerated growth during August.

Walter names new managing director U.S.
Walter announced the appointment of Dan Shelton as managing director U.S.

Chicago Fed National Activity Index slowed in August
Led by declines in production-related indicators, the Chicago Fed National Activity Index moved down to –0.31 in August from +0.03 in July.

Rockford Systems redesigns website
Rockford Systems launched a new version of its website,, offering clearer navigation and more powerful search tools for its more than 10,000 machine safeguarding products.

Updated Distributors Guide to Surviving Amazon Business
General Business Consultants announced the availability of volume 2 of The Distributors Guide To Surviving Amazon Business While Thriving.

Distribution One Offers New Hosted Cloud Solution
Distribution One announced a strategic partnership with ISCorp to deliver hosted solutions in the Cloud.

Industrial production declined 0.9 percent in August
Industrial production declined 0.9 percent in August following six consecutive monthly gains.

MP Pumps celebrates 75 years in business
MP Pumps, Fraser, Michigan, announced that the company will celebrate its 75th year of business on Sept. 20.

DDI System announces eCommerce tools
DDI System unveiled several new eCommerce tools and features for its fully integrated, end-to-end solution for wholesale distributors.

Flowserve appoints president of Industrial Products Division
Flowserve Corporation announced that David Wilson has been appointed as president, Industrial Products Division (IPD).

Winsupply opens four new companies
Winsupply Inc. opened four new wholesale distribution locations in Maryland, Maine, Massachusetts and Tennessee.

Cutting tool consumption up in July
July U.S. cutting tool consumption totaled $170.95 million, up 16.0 percent when compared with the total of $147.43 million reported for July 2016.

IDC names director of member services
IDC-USA announced the addition of Bill Jacobs as director of member services.

Atlas Copco acquires C.H. Spencer & Co.
Atlas Copco has acquired the operating assets of C.H. Spencer & Co., a distributor and service provider of industrial pumps, compressors and related products.

DDI System unveils new logo
DDI System introduced a new corporate brand and logo that the ERP software provider said reflects both the evolution of the company and its vision for the future.

Manufacturing technology orders expand in July
U.S. Manufacturing Technology Orders continued to expand in July, up 23 percent from July 2016 order levels.

Campbell named Apex Tool VP
Jeff Campbell recently joined Apex Tool Group as vice president of sales and channel marketing, North American Hand Tools.

DPA names VP of public safety
The DPA Buying Group hired Don Reycroft as vice president of its new public safety division, which will encompass the police, fire and EMS industries.

Fastenal August sales up 12.8 percent
Fastenal reported August sales of $411.5 million, a 12.8 percent increase from $364.9 million in August 2016.

Fairmont Supply names new CEO
Fairmont Supply appointed Paul Fichiera CEO.

HD Supply sales up 5.4 percent
HD Supply reported net sales of $1.4 billion for the second quarter, an increase of 5.4 percent compared to $1.3 billion in the second quarter of 2016.

Bearing & Drive Solutions and Brown Transmission merge
Bearings & Drive Solutions and Brown Transmission & Bearing announced that the two companies have merged.

NAHAD announces leadership change
The NAHAD board of directors recently announced the appointment of Molly Alton Mullins to the position of NAHAD executive vice president.

H.B. Fuller to acquire Royal Adhesives & Sealants
H.B. Fuller Company has signed an agreement to purchase Royal Adhesives & Sealants, a manufacturer of specialty adhesives and sealants, for $1.57 billion.

August manufacturing index up 2.5 percent
Manufacturing expanded in August as the Institute for Supply Management PMI registered 58.8 percent, an increase of 2.5 percentage points from the July reading of 56.3 percent.

Hydraulic Supply to open two Miami locations
Hydraulic Supply Company plans to open two new locations in the Miami area.

Construction spending up for year
Construction spending during July 2017 was estimated at a seasonally adjusted annual rate of $1,211.5 billion, 0.6 percent below the revised June estimate of $1,219.2 billion.

Manufacturing and construction employment up in August
The U.S. Bureau of Labor Statistics reported that manufacturing employment rose by 36,000 in August.