Motion Industries, Inc., a wholly owned subsidiary of Genuine Parts Company, announced that it acquired Hydraulic Supply Company (HSC). Execution of the transaction was completed on October 1, 2018.
Headquartered in Broken Arrow, Oklahoma, BlackHawk is a leading distributor of cutting tools, abrasives and industrial MRO products used in manufacturing, aerospace & defense, energy, auto aftermarket, construction, general industrial, medical and agriculture applications.
AD, the contractor and industrial products wholesale buying / marketing group, announced the completion of the transition of ownership from AD’s long-time Chairman & CEO, Bill Weisberg, to the buying group’s distributor members.
Two-thirds of business economists in the U.S. expect a recession to begin by the end of 2020, with trade policy presenting the greatest risk to the expansion, according to a new survey reported by Bloomberg. So you can keep the panic button under lock and key.
No doubt the U.S. economy is in a boom, according to the Federal Reserve Bank of St. Louis. The Conference Board reports the highest levels of job satisfaction in more than a decade. The ratio between the unemployment level and the number of job vacancies is at its lowest level in a half-century
These five key elements are emerging as the foundation for omnichannel excellence and should be executed by distributors, according to NAW – the National Association of Wholesaler-Distributors.
From February 7-9, 2018, AD hosted its second annual eCommerce Summit at the Westin in Denver, CO. More than 250 AD independent distributors across six industries and three countries attended.
Fastenal Company announced its financial results for the quarter and year ended December 31, 2017. Net sales increased 108% for the year, and 14.8% in the fourth quarter. Gross profit for the year was 10.1%.
The DPA Buying Group has hired Don Reycroft as its new Vice President of Public Safety. Reycroft will bring 37 years of diverse experience to develop the group’s new Public Safety division, which will encompass the Police, Fire & EMS industries.
Safety Marketing Group (SMG), the world’s largest consortium of independently-owned safety equipment distributors, released names of the Annual Partnership Conference Award Winners.
