January 2025 News
Sellars named to Wisconsin top executives list
Tom Sellars, CEO and chairman of Sellars Absorbent Materials, has been named to the 2025 Wisconsin Titan 100, which recognizes the state’s top 100 CEOs and C-level executives who have demonstrated exceptional leadership, vision and passion. This is the second year in a row that Sellars has received the Titan 100 award.
Viega appoints new CEO
Viega has appointed Marki Huston as the permanent chief executive officer of Viega North America, effective immediately.
Parker sees fiscal Q2 industrial orders turn positive
Parker Hannifin Corporation, a global manufacturer of motion and control technologies, reported fiscal second quarter net income was $949 million, an increase of 39%, or $853 million adjusted, an increase of 6%.
Motion to buy Hawaiian distributor
Motion Industries Inc. has signed a definitive purchase agreement to acquire the net operating assets of Maguire Bearing Co. Ltd., an industrial distributor based in Hawaii. The transaction is expected to close at the end of February.
AD names 2025 directors
AD owner members have voted to add four directors to its LLC board.
Wholesale inventories down 0.5% in December
Wholesale inventories for December were estimated at an end-of-month level of $898.0 billion, down 0.5% (±0.2%) from November 2024, according to the U.S. Census Bureau's advance retail report January 29. Estimates are adjusted for seasonal variations and trading day differences but not for price changes.
Applied Industrial Technologies reports Q2 net sales drop 0.4% YoY
Applied Industrial Technologies (AIT), reported net sales of $1.1 billion for its fiscal second quarter, a 0.4% decrease year over year.
Franklin Women’s Network expands reach
Franklin Electric Co. Inc. announced the continuation of active programming for its popular employee resource group, the Franklin Women’s Network.
Advance report shows 2.2% decrease in December new orders
New orders for manufactured durable goods in December, down four of the last five months, decreased $6.3 billion or 2.2% to $276.1 billion, the U.S. Census Bureau announced January 28.
Creaform achieves ISO 27001, ISO 14001 and TISAX certifications
Québec-based Creaform, a business of AMETEK, Inc. and worldwide provider of automated and portable 3D measurement solutions, has attained ISO 27001, ISO 14001, and TISAX certifications.
The Colt Group acquires RJ Stacey
The Colt Group, a provider of on-line industrial leak repair solutions, has acquired RJ Stacey. Terms of the transaction were not disclosed.
Sonic Tools USA rolls out 'No Lost Tool' guarantee
Sonic Tools USA Inc., a leading provider of professional-grade tool solutions and equipment, announced its “No Lost Tools” Guarantee.
PTDA Foundation announces student, employee scholarships
The PTDA Foundation has launched the second year of its scholarship program.
ISM chair Fiore to retire
Institute for Supply Management (ISM) announced the retirement of Timothy R. Fiore, CPSM, CPM, who has served as the chair of ISM’s Manufacturing PMI Panel since 2017.
Gale joins Stellar Industrial Supply board
Stellar Industrial Supply announced long-time industry veteran Tom Gale will join its board of directors.
November cutting tool orders drop 13.8%
Shipments of cutting tools totaled $183.1 million in November 2024, a 13.8% decrease from October and 9.7% down from November 2023, according to the latest Cutting Tool Market Report compiled in a collaboration between AMT – The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (USCTI).
Sonic Group acquires Sonic Tools USA
Sonic Group, a provider of professional tools and equipment solutions based in the Netherlands, announced the acquisition of Auburn, Alabama-based Sonic Tools USA.
3M grows Q4 sales 0.1% YoY
3M reported Q4 sales of $6.0 billion, up 0.1% YoY. Its adjusted sales of $5.8 billion reflected organic growth up 2.1% YoY.
Hitachi acquires Illinois industrial motor-repair company
Hitachi Ltd. has completed the acquisition of Illinois-based Joliet Electric Motors LLC (Joliet), a sales and maintenance service business for large motors in North America.
Motion to buy Texas distributor
Motion Industries Inc., a distributor of maintenance, repair and operation replacement parts, and a premier provider of industrial technology solutions, has signed a definitive purchase agreement to acquire the operating assets of M.B. McKee Co. Inc.
Creaform redefines online experience with a new website
Creaform, a business of AMETEK, Inc. and a worldwide provider of automated and portable 3D measurement solutions, announced the launch of its completely redesigned website.
Fastenal reports 3.7% net sales increase for Q4 YoY
Fastenal Co. reported its net sales increased 3.7%, in the fourth quarter of 2024 when compared to the fourth quarter of 2023.
Fastenal, RFK Racing mark 15 years of NASCAR partnership
RFK Racing and primary partner Fastenal Co. will celebrate their 15th season of partnership in 2025.
All Foils celebrates 45th anniversary
All Foils, a distributor and converter of light-gauge metal foils, announces its 45th anniversary, marking four-and-a-half decades of innovation, dedication to quality and exceptional customer service.
Platinum Tooling releases Hommel & Keller 'QUICK' tools catalog
Platinum Tooling, an importer and master distributor of live tools, angle heads, marking tools, Swiss tools and multi-spindle tools manufactured by various global suppliers, is the North American importer of the QUICK knurling and marking tools from Hommel & Keller. They have released the full tooling catalog.
Kennametal appoints president of infrastructure segment
Kennametal Inc. has promoted Faisal Hamadi from vice president of value creation systems to president of its infrastructure segment, effective January 20. He succeeds Franklin Cardenas.
Dematic hosts high schooler robotics team
Dematic hosted a demonstration and luncheon last month for a high school student-led robotics team. Dematic, a supply chain automation and solutions provider, held the event for the G3 Robotics Team at its global headquarters in Atlanta, Georgia, on December 10 in support of "For Inspiration and Recognition of Science and Technology" (FIRST), a robotics education nonprofit.
November metalworking machinery orders climb 16.8%
By Christopher Chidzik
Orders of manufacturing technology totaled $448.8 million in November, 16.8% higher than October, and 12.4% higher than November 2023, according to the latest U.S. Manufacturing Technology Orders (USMTO) report published by AMT – The Association For Manufacturing Technology.
Stellar Industrial Supply names 2024 Supplier of the Year
Stellar Industrial Supply has named Kimberly-Clark Professional as its Supplier of the Year (SOY) award winner for 2024.
Wholesale trade employment remains flat in December
Total nonfarm payroll employment increased by 256,000 in December, and the unemployment rate changed little at 4.1%, according to the U.S. Bureau of Labor Statistics.
National Safety Apparel buys Warren Heim
Blue Point Capital Partners and its portfolio company National Safety Apparel (NSA) have acquired Warren Heim Corp., a Florida-based manufacturer of insulated bags designed to protect workers in the electrical utility market.
Tencarva Machinery acquires Detroit Pump
Tencarva Machinery Co. a Southeast distributor and service provider of flow control and process equipment solutions to industrial and municipal end-markets, has acquired Detroit Pump & Mfg. Co.
MSC fiscal Q1 net sales decrease 2.7% YoY
MSC Industrial Supply Co. reported net sales of $928 million in its fiscal first quarter represents a decrease of 2.7% YoY.
BlackHawk Industrial appoints Great Lakes regional GM
BlackHawk Industrial, a market-leading distributor of metalworking and other mission-critical industrial products, has appointed Anthony DeSalvo as general manager of the Great Lakes region.
Service sector expands, wholesale trade makes the growth list
Economic activity in the services sector expanded for the sixth consecutive month in December, say the nation’s purchasing and supply executives in the latest Services ISM Report On Business. The Services PMI registered 54.1%, indicating expansion for the 52nd time in 55 months since recovery from the coronavirus pandemic-induced recession began in June 2020.
November durables orders dip 1.1%
New orders for manufactured durable goods in November, down three of the last four months, decreased $3.0 billion or 1.1% to $285.1 billion, the U.S. Census Bureau announced.
DataXstream releases OMS+ 4 for faster sales execution across SAP
DataXstream LLC has announced the fourth release of its award-winning OMS+ platform that significantly accelerates quote and order processing capabilities within SAP S/4 HANA On-Premise and SAP S/4 HANA Private Cloud environments.
December manufacturing contracts again
Economic activity in the manufacturing sector contracted in December for the ninth consecutive month and the 25th time in the last 26 months, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
Centro acquires LECORP
Centro Inc. has acquired LECORP, a provider of innovative system designs, equipment supply, and construction services for material handling, process solutions, and dust control.
MSC executive joins ISA board
The Industrial Supply Association (ISA) welcomed Sara Dulski to its board of directors as of January 1. She is head of business unit – metalworking at MSC Industrial Supply Co., where she leads a portfolio that includes metalworking production tools and innovative value-added services.
Applied Industrial Technologies completes acquisition of Hydradyne
Applied Industrial Technologies completed its acquisition of Hydradyne LLC on December 31.
November construction spending flat from October
Construction spending during November 2024 was estimated at a seasonally adjusted annual rate of $2,152.6 billion, virtually unchanged from (±1.0%) the revised October estimate of $2,152.3 billion. The November figure is 3.0% (±1.5%) above the November 2023 estimate of $2,090.7 billion.
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.
