Distribution Industry News

Kaman Distribution Group acquires Integro Technologies

Kaman Distribution Group has acquired Integro Technologies Corporation, a Salisbury, North Carolina-based vision integrator and inspection company.

Fastenal 3Q sales rise 10 percent

Fastenal Company reported sales of $1.55 billion for the third quarter, a 10 percent increase from $1.41 billion in the same period last year.

Burke promoted to Industrial Scientific president

Industrial Scientific announced that Parker Burke has been promoted to president.

Lawless Group announces expansion

The Lawless Group, manufacturers’ representation agency, announced a new leadership structure to accelerate growth in the Eastern United States.

Manufacturing technology orders take off in August

Orders for manufacturing technology in August 2021 totaled $560 million, an increase of nearly 20 percent over July 2021 and 89 percent over August 2020.

Mi-T-M to become ESOP

Privately held Mi-T-M Corporation announced plans to share ownership with employees by becoming owned by a 100 percent Employee Stock Ownership Plan (ESOP).

Manufacturing and construction jobs added in September

The nation's factories and construction sites added workers during the month of September, helping to spur a total employment gain of 194,000 during the month.

Crescent Electric hires new senior VP

Crescent Electric Supply announced that Edwin Ojeda joined the company as senior vice president of Industrial.

Weber named president of OneSource Distributors

Sonepar USA announced that Matt Weber has been promoted to president of OneSource Distributors from his current position as vice president of contractor sales, effective immediately.

Core & Main completes CES Industrial Piping acquisition

Core & Main has closed its previously announced acquisition of substantially all of the assets of CES Industrial Piping Supply, located in Belton, Missouri.

MSC names interim senior VP

MSC Industrial Supply announced that Kim Shacklett will assume the role of interim vice president of sales & customer success.

Airgas makes executive appointments

Airgas, an Air Liquide company and a leading U.S. supplier of industrial gases, welding technologies, and safety products today announced appointments to its executive team.

Regal merges with Rexnord PMC

Regal Beloit Corporation has completed the merger with Rexnord Process and Motion Control to become Regal Rexnord Corporation.

JPW acquires Axiom Tool Group

JPW Industries has acquired Axiom Tool Group. Terms of the transaction were not disclosed.

Grainger and the American Red Cross celebrate 20-year partnership

Grainger announced that this year marks a significant milestone with the American Red Cross, the country's premier disaster relief organization.

Manufactured goods orders increased 1.2 percent in August

New orders for manufactured goods increased 1.2 percent in August to $515.7 billion.

Growth and resilience themes at AD BPT Division meeting

Coming together in person for the first time in 18 months, the AD Bearings & Power Transmission Division welcomed 45 member companies and 21 supplier partners to its annual Network Meeting Sept. 21-23.

August construction spending 8.9 percent above last year

Construction spending during August 2021 was estimated at a seasonally adjusted annual rate of $1,584.1 billion, virtually unchanged from the revised July estimate of $1,584.0 billion.

Winsupply acquires HESCO Supply

Winsupply Inc. has completed the purchase of HESCO Supply, a Doraville, Georgia-based electrical and utility business.

September manufacturing activity strong

Manufacturing grew for the 16th consecutive month according to the latest report from the Institute for Supply Management.