September 2024 News
Sonepar to donate 4,000 computers to IEC Foundation
Sonepar is donating more than 4,000 computers and other technical equipment to the Independent Electrical Contractors (IEC) Foundation throughout 2025. The equipment will be used by IEC apprentices at chapters across the U.S. to access training materials as they work toward careers as electrical contractors.
Evergreen Supply Network awards member distributors, preferred suppliers
The Evergreen Supply Network has recognized five distributor members and five manufacturer partners as 2023 Member or Preferred Supplier of the Year. The awards were presented during the general session of Evergreen’s Conference held in San Antonio, Texas September 10.
3M launches 'Clash of the Grinders' Season 2
3M has launched the second season of 3M Clash of the Grinders, a video series featuring a head-to-head metalworking and welding competition that brings together the best and brightest students from welding schools across the U.S.
August durable goods orders flat
New orders for manufactured durable goods in August, up six of the last seven months, increased $0.1 billion or virtually unchanged to $289.7 billion, the U.S. Census Bureau announced.
NetPlus Alliance Industry Outlook: Election concerns top of mind
NetPlus Alliance distributor members are optimistic in the second half of 2024. But despite favorable activity, some distributors report tempered outlooks due to election uncertainty, poor economy, high interest rates, inflation, and a general slowing of business, according to the latest NetPlus Alliance Industry Outlook, a quarterly report based on a survey of NetPlus members.
Moblico, OneRail join forces to transform last mile delivery
Moblico, an innovator in mobile engagement solutions for wholesale distributors, and OneRail, a provider of solutions in last mile omnichannel fulfillment, announced a strategic partnership.
Kiva founders, inventors join Logistics Hall of Fame
The founders of Kiva Systems who invented the Mobile Robotic Fulfillment System – Mick Mountz, Dr. Peter Wurman, and Prof. Dr. Raffaello D'Andrea – will be inducted into the Logistics Hall of Fame at a gala reception on December 5 at the Federal Ministry for Digital and Transport in Berlin.
MSC promotes McIsaac to president, COO
MSC Industrial Supply Co. has promoted Martina McIsaac to president and chief operating officer, effective September 23.
NAHAD training comes to Houston area
NAHAD's HSI Hands-On event will take place in Houston October 14-15 at San Jacinto College.
Sellars launches “I Spy” challenge for Manufacturing Month
Throughout October, Milwaukee-based Sellars Absorbent Materials is hosting an “I Spy” game as part of Manufacturing Month.
anyseals Americas promotes two sales leaders
anyseals, Inc. has announced the promotion of Austin Walker to vice president of sales and marketing, effective immediately.
Platinum Tooling named Technicrafts distributor
Platinum Tooling Technologies, Inc. is now selling products from Tecnicrafts Industries, a manufacturer of collets and guide bushings for Swiss Type CNC Lathes.
July cutting tool orders up 2.5% YTD
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT - The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI), totaled $191.8 million in July 2024.
EdgeWise plant streamlines digital twin generation workflows
ClearEdge3D, a trailblazer in software solutions for the architecture, engineering, and construction (AEC) industry, has announced the availability of EdgeWise Plant — an accurate, efficient as-built modeling platform that reduces time and potential errors associated with manual modeling techniques. The platform is the first automated modeling solution fully integrated with AVEVA E3D Design and AutoDesk Plant 3D.
Sonnhalter collects big haul for Habitat for Humanity
Sonnhalter, a communications firm marketing to professional tradespeople in the construction, industrial and MRO markets, collected nearly $50,000 worth of donations of tools and building materials for the Greater Cleveland Habitat for Humanity––part of Sonnhalter’s monthl-long 15th Annual Tool Drive in August.
TIPCO Technologies expands with Hoses2U
TIPCO Technologies (TIPCO) announced its new partnership with Hoses2U, a premier provider of mobile onsite hydraulic and industrial hose replacement services based near Denver.
Applied Industrial Technologies releases '24 ESG Report
Applied Industrial Technologies, a value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies, has released its 2024 Environmental, Social, and Governance (ESG) Report.
Wright appoints Ebbert Pacific as new manufacturer representative
Wright has named Ebbert Pacific as its latest manufacturer representative.
Core & Main completes purchase of Green Equipment Co.
Core & Main Inc. has closed its previously-announced acquisition of substantially all of the assets of Green Equipment Co.
White Cap acquires Jobsite Supply
White Cap, a distributor of specialty construction supplies and safety products for professional contractors, has acquired Jobsite Supply, Inc., a supplier of concrete accessories and forming and shoring solutions based in Indianapolis.
EASA announces 2025 convention and expo
The Electrical Apparatus Service Association (EASA) announced the theme for the 2025 Convention & Solutions Expo, planned for July 19 – 22, 2025, at the Gaylord Opryland Resort & Convention Center in Nashville. Throughout the year and culminating at the convention, EASA will celebrate the theme of “Powering the Future.”
Sonepar goes extra mile for National Truck Driver Appreciation Week
Sonepar is celebrating National Truck Driver Appreciation Week, September 15–21, by recognizing the vital role truck drivers play in moving the distribution business forward. Local lunch events throughout the month are spotlighting the company's drivers companywide, giving gifts, and highlighting the work done year-round to build a best-in-class driver community that focuses on safety and customer service.
Ficodis Group acquires Berliss Bearing Co.
The Ficodis Group has acquired Whippany, New Jersey-based Berliss Bearing Co., which specializes in the manufacturing and distribution of roller bearings, mechanical seals, and custom-engineered bearing products.
Emerson collaborates on industrial edge interoperability
Global automation and technology provider Emerson is joining the Linux Foundation’s Margo, a new open-standard initiative designed to make edge applications, devices, and orchestration software work together seamlessly across multi-vendor industrial automation environments.
DCKAP Round-Up event unpacks AI, e-commerce
A key takeaway from the DCKAP Round-Up 2024 was the growing impact of artificial intelligence and digital innovation in reshaping customer engagement and business models for manufacturers and distributors.
TIME puts Kennametal on 'World's Best Companies' list
Kennametal Inc. announced its inclusion in TIME's World's Best Companies 2024.
ISA launches women's mentorship program
The Industrial Supply Association (ISA) announced the launch of the Women in Industry Mentorship Program, an initiative designed to address the unique opportunities and challenges faced by women in the industrial channel.
NFIB survey: small business optimism dips in August
The National Federation of Independent Business (NFIB) Small Business Optimism Index fell by 2.5 points in August to 91.2, erasing all of July’s gain.
Suncor Stainless appoints sales, customer service team members
Suncor Stainless Inc., a manufacturer of stainless steel hardware in the industrial, marine, government, architectural, OEM and commercial industries, has added two new hires to its team. John Tavares has been appointed new senior regional account manager, and Alicia Bacewicz joins the company as key account customer service representative.
US manufacturing profits rise in Q2
U.S. manufacturing corporations' seasonally adjusted after-tax profits in the second quarter of 2024 totaled $210.9 billion, up $7.8 (±1.8) billion from the after-tax profits of $203.2 billion recorded in the first quarter of 2024, and up $10.3 (±1.1) billion from the after-tax profits of $200.6 billion recorded in the second quarter of 2023.
Kennametal releases new Corporate Responsibility Report
Kennametal Inc. has published its fiscal year 2024 Corporate Responsibility Report outlining the company's continued progress in advancing its environmental, social and governance strategy.
Radians expands headquarters, heads to NSC Expo
Radians, a top-tier PPE manufacturer, announced expansion of its headquarters and its participation in the 2024 NSC Safety Congress & Expo in Orlando, Florida.
Houchens Industries acquires H.H. Barnum Co.
Houchens Industries Inc., one of the largest and most diversified wholly-owned S Corp ESOPs in the U.S., announced it has acquired H.H. Barnum Co.
Core & Main completes acquisition of GroGreen Solutions Georgia
Core & Main Inc. has closed its previously-announced acquisition of substantially all of the assets of GroGreen Solutions Georgia, LLC.
Construction a big winner in August jobs report
Total nonfarm payroll employment increased by 142,000 in August, and the unemployment rate changed little at 4.2%, the U.S. Bureau of Labor Statistics reported.
Heavy manufacturing remains Fastenal's No. 1 growth market in August
Fastenal reported a year-over-year decline of 2.3% in net sales for August––$6.52 million versus $6.68 million.
ALI calls for 2025 National Ladder Safety Month sponsor support
This past March, the message of National Ladder Safety Month reached millions of people. Now, the American Ladder Institute (ALI) is seeking sponsors for the 2025 campaign, so it can reach even more.
3M hits 300 million milestone on Friction Shims
The small, thin shims are used in demanding applications such as automotive, wind energy, and aerospace.
Charter Industrial Supply joins TIPCO Technologies
TIPCO Technologies and Charter Industrial Supply announced a new strategic partnership that expands TIPCO's footprint to 34 locations across 16 states and enhances its presence in the California market.
Orders for manufactured goods rises 5.0%
New orders for manufactured goods in July rose 5.0% to $592.1 billion following two consecutive monthly decreases, according to the U.S. Census Bureau.
July construction spending up 6.7% YOY
Construction spending during July 2024 was estimated at a seasonally adjusted annual rate of $2,162.7 billion, 0.3% (±1.0%)* below the revised June estimate of $2,169.0 billion. The July figure is 6.7% (±1.8%) above the July 2023 estimate of $2,027.4 billion.
August manufacturing contracts for fifth consecutive month
Economic activity in the manufacturing sector contracted in August for the fifth consecutive month and the 21st time in the last 22 months, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
FPT produces 100,000th natural gas engine
FPT Industrial, the Iveco Group brand dedicated to the design, production and sale of low- environmental impact powertrains, is celebrating an impressive milestone: the production of its 100,000th natural gas (NG) engine.
MCR Safety celebrates 50 years in business
MCR Safety announced the celebration of its 50th anniversary, marking half a century of dedication to providing high-quality personal protective equipment (PPE) to workers worldwide.
Norelem launches webshop for US
Global manufacturer norelem has launched a new webshop designed to deliver a more convenient and efficient purchasing experience for customers in North America.
INDUSTRIAL SUPPLY MAGAZINE
The November/December issue of Industrial Supply magazine features an in-depth cover story about Kimball Midwest. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Mike Marks, as well as interviews with numerous product and distribution industry experts.
