October 2019 News

WESCO International sales up 3.9 percent

WESCO International reported third-quarter net sales were $2.1 billion, up 3.9 percent compared to $2.0 billion in the third quarter of 2018.

Timken sales up 3.7 percent

The Timken Company reported third-quarter 2019 sales of $914 million, up 3.7 percent from the same period a year ago.

Sullivan receives PTDA award

Sandy Sullivan of Nidec Motor Corp./U.S. Motors was named recipient of the PTDA Foundation's Wendy B. McDonald Award at the 2019 PTDA Industry Summit.

Applied Industrial Q1 sales down 0.9 percent

Applied Industrial Technologies reported first quarter 2020 net sales decreased 0.9 percent to $856.4 million from $864.5 million in the prior year quarter.

PIP expands sales force

Protective Industrial Products announced the expansion of its industrial salesforce.

Ingersoll-Rand revenues up 8 percent

Ingersoll-Rand plc reported revenues of $4.3 billion in the third quarter, an 8 percent increase from the same period last year.

Eaton sales down 2 percent

Eaton Corporation reported sales in the third quarter of 2019 were $5.3 billion, down 2 percent from the third quarter of 2018.

Gardner Denver sales fall 13 percent

Gardner Denver Holdings said its third quarter revenues of $597 million were down 13 percent compared to the prior year.

Walter Surface Technologies joins IBC

IBC announced that Walter Surface Technologies has joined its industrial buying group.

Chicago Fed National Activity Index declines

Led by declines in production-related indicators, the Chicago Fed National Activity Index fell to –0.45 in September from +0.15 in August.

Lawson Products sales climb 7.1 percent

Lawson Products said its sales of $94.8 million in the third quarter increased 7.1 percent from $88.5 million in the same period last year.

MSC 4Q sales relatively flat

MSC Industrial Supply reported net sales of $842.7 million for its fiscal fourth quarter, an increase of 0.6 percent compared to $838 million in the same period last year.

Grainger 3Q sales up 4 percent

Grainger reported sales of $2.9 billion in the third quarter increased 4 percent versus $2.8 billion in the 2018 third quarter.

Plews & Edelmann names Billie CCO

Plews & Edelmann announced the appointment of Dan Billie to the position of chief commercial officer.

Cline Tool opens Indianapolis facility

Cline Tool, a custom cutting tool manufacturer and industrial distributor, recently opened a new facility in Indianapolis.

Emuge Corp. hosts grand opening of expanded manufacturing facility

Emuge Corp., a manufacturer of taps, thread mills, drills, end mills and other rotary tools, held a grand opening ceremony of its expanded, custom-designed manufacturing facility on Oct. 15, 2019.

EGA Master USA partners with The Arrowhead Group

EGA Master USA has selected The Arrowhead Group (TAG) represent its product line in the Southeast United States.

ORS Nasco sold to One Equity Partners

One Equity Partners, a middle market private equity firm, announced that it has completed the acquisition of ORS Nasco from Essendant Inc. in a corporate carve-out transaction.

Industrial production declined in September

Industrial production fell back 0.4 percent in September after advancing 0.8 percent in August.

Genuine Parts Company sales climb 6.2 percent

Genuine Parts Company said its sales for the third quarter were a record $5.0 billion, a 6.2 percent increase compared to $4.7 billion for the same period in 2018.

Snap-on 3Q sales relatively flat

Snap-on reported third-quarter net sales of $901.8 million increased 0.4 percent from 2018 levels.

Epicor releases latest version of ERP software

Epicor Software Corporation announced the 10.2.500 release of its enterprise resource planning (ERP) solution.

FPDA elects new board

The Fluid Power Distributors Association elected new board of directors during the FPDA/ISD Joint Industry Summit in Austin, Texas.

August cutting tool consumption up 3.3 percent from July

August 2019 U.S. cutting tool consumption totaled $205.1 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

Hultafors Group acquires Custom LeatherCraft

Hultafors Group of Goteborg, Sweden, announced the acquisition of Custom LeatherCraft Manufacturing LLC of South Gate, California.

NetPlus Alliance promotes teamwork, recognizes award winners

NetPlus Alliance, an industrial and contractor supplies buying group, hosted 500 distributor and supplier attendees at its sixth-annual meeting Oct. 5-8 in Dallas.

Turtle & Hughes names director of internal audit

Turtle & Hughes announced that Dan Fongaro has joined the company as director of internal audit.

AD partners with Insite Software

AD has added Insite Software, a provider of B2B eCommerce solutions, to its complement of eCommerce platform providers.

Fastenal 3Q sales up 7.8 percent

Fastenal Company reported that its net sales increased 7.8 percent to $1.38 billion in the third quarter of 2019 when compared to the third quarter of 2018.

Lawson Products expands borrowing capacity

Lawson Products has entered into a new credit agreement increasing its maximum borrowing capacity from $40 million to $100 million.

Manufacturing technology orders fell 3.2 percent in August

U.S. manufacturing technology orders fell 3.2 percent from the previous month to a total of $365.6 million in August 2019, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology.

Triad Technologies acquires Day Fluid Power

Triad Technologies, an Ohio-based distributor of fluid power and automation products, has acquired Day Fluid Power of Goshen, Indiana.

Hunter Fan Company acquires Jan Fan

Hunter Fan Company has acquired Entrepreneurial Pursuits Inc., doing business as Jan Fan.

New NAW study: Optimizing Channel Profitability

The NAW Institute for Distribution Excellence announced its newest research study, Optimizing Channel Profitability: A Playbook to Align Manufacturer– Distributor–Customer Relationships.

Gardner Denver names CFO

Gardner Denver Holdings announced the appointment of Emily A. Weaver as senior vice president and chief financial officer, effective Dec. 1, 2019.

Plews & Edelmann hires retail category manager

Plews & Edelmann has hired Brandi Johnson as director of category management - retail
for aftermarket and retail markets worldwide.

AD Industrial and Safety Division-U.S. celebrates 25 years

AD Industrial and Safety Division–U.S. members, supplier partners and service providers contributed to record-breaking attendance Sep. 23-26, 2019 at the Gaylord Texan in Grapevine, Texas at the 2019 AD North American Meeting.

Lafert North America announces new appointments

Lafert North America, a manufacturer of metric AC Motors, metric gearboxes and coolant pumps, announced two new appointments.

Winsupply names VP of supply chain

Winsupply Inc. has named Eric Roush to vice president, supply chain.

Würth Industry of North America  acquires Fasco Fastener

Würth Industry of North America (WINA) has acquired Fasco Fastener, a distributor of stainless steel, silicon bronze, and brass fasteners to the wholesale, OEM and large retailer trade.

WernerCo moves headquarters

WernerCo announced plans to move its U.S. based headquarters to Hamilton Lakes in Itasca, Illinois.

Caldwell Group names business development specialist

The Caldwell Group Inc. has named lifting and spreader beam expert Malcolm Peacock business development specialist.

Reed names Midwest regional manager

Reed Manufacturing named Shannon Lessner regional manager for the Midwest markets.

Factory jobs declined in Sept., construction showed small gain

Manufacturing lost 2,000 jobs during the month of September, while the construction industry added 7,000 jobs.

DDI System releases version 20 of Inform ERP

DDI System announced the release of Inform ERP Software, Version 20.

Martin Supply acquires SafetyWear

Martin Supply, a subsidiary of Martin Inc., has acquired SafetyWear headquartered in Ft. Wayne, Indiana.

AD eCommerce reaches 100 members

AD recently added its 100th member on eCommerce powered by AD eContent Service, Winkle Electric Company.

Plews & Edelmann names director of marketing services

Plews & Edelmann has promoted Andrew Moe to director marketing services for aftermarket and retail markets worldwide.


WESCO International announced the appointment of Nelson Squires as its senior vice president and chief operating officer effective Oct. 1.

Genuine Parts completes sale of EIS

Genuine Parts Company announced that it has completed the sale of its wholly-owned subsidiary EIS Inc., the Electrical Specialties Group of Motion Industries, to Audax Private Equity, effective Sept. 30, 2019.

DPA Buying Group adds members

The DPA Buying Group has added 13 new distributor members to its industrial and contractor supply division and 19 new members to its safety products division.

Epicor acquires 1 EDI Source

Epicor Software Corporation has acquired 1 EDI Source Inc., a provider of electronic data interchange (EDI) solutions and business visibility software.

Manufacturing contracts for second straight month

Manufacturing contracted in September, as the Institute for Supply Management's PMI registered 47.8 percent, a decrease of 1.3 percentage points from the August reading of 49.1 percent.

Construction spending up 0.1 percent in August

Construction spending rose 0.1 percent in August to a seasonally adjusted annual rate of $1,287.3 billion.

Rockwell Automation acquires MESTECH Services

Rockwell Automation has acquired MESTECH Services, a global provider of Manufacturing Execution Systems / Manufacturing Operations Management, digital solutions consulting, and systems integration services.