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Kennemetal sales up 40 percent
Fiscal 2010 Q4 sales were $539 million, compared with $386 million in the same quarter last year

Capital Safety opens Texas warehouse
New distribution hub will improve services to customers in Texas, Louisiana and Oklahoma

Timken returns Q2 profit
Generated earnings of $81.4 million, compared with last year's Q2 loss of $39.0 million

Fastenal may face government suit
Government threatens suit unless Fastenal pays $9.5 million

Beige Book: modest economic activity
Manufacturing activity in most districts continued to move up since the last report

Durable goods orders decline
June orders decreased $2.0 billion or 1.0 percent to $190.5 billion

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July/August issue
The July/August issue of Industrial Supply magazine is off the press. It features an in-depth cover story by editor Rich Vurva about Replenex and 3M, winners of the 2010 ISA American Eagle Value-Added Partner Award, plus articles by contributing writers that include Neil Gillespie of Shamrock Growth Associates and Allen Ray of of Allen Ray Associates, Malcolm Mills, Jason Bader, Joan Adams, Curt Tatham of Lincoln International and other leading experts in the distribution community.

Click here to read articles published in the issue. 

 

ASSOCIATION HAPPENINGS

BSA Fall Meeting in Chicago PTDA Industry Summit registration opens BSA partners with ABMA to stop counterfeit bearings ISA Executive Development Retreat scheduled for Aug. 4-6 PTDA Canadian Conference a big hit PTDA offers Career Progression Resource ISA names American Eagle winners PTDA releases membership directory   BSA elects officers and directors Attendance up at ISA event BSA Linear Motors Brief available STAFDA Showroom Manual Available Johnson of Mar-Mac Wire to speak at STAFDA

NEW Articles online

The five myths of customer profitability
Author Scott Benfield explodes these five common myths about what drives customer profit in distribution.

White paper: Lean Principles in Wholesale Distribution Supply Chains. This white paper by Howard Coleman and Jack McGowan of MCA Associates introduces distributors to “Lean Principles” in order to reduce inventory and supply chain costs.

CEO Quiz: What you should know about your largest asset
A/R specialist Abe WalkingBear Sanchez offers this quiz that every CEO should take.

Rip the Cover Off the Book
Motivational author and speaker Robert Wilson explains that when you discover someone’s passion, you have discovered what motivates them.

The Industrial Supplier's Guide to Technology, by Frank Hurtte. Here are practical ways to use Flip Videos to promote your business.