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Subscribe Magazine Videos Associations Big 50 Business Technology Earnings Economy Mergers & Acquisitions Operations Sales Staffing Changes Supply Chain Workforce Topics Associations Big 50 Business Technology Earnings Economy Mergers & Acquisitions Operations Sales Staffing Changes Supply Chain Workforce Resources Magazine Videos User Tools Subscribe Advertising About Us Contact Us Privacy Policy Terms & Conditions CA Consumer Privacy Act Facebook icon LinkedIn icon Twitter icon YouTube icon E-Commerce Editorial: Is It Time to Un-Prime? ID editor Anna Wells considers quitting Amazon. Anna Wells Feb 7th, 2020 Mergers & Acquisitions Home Koch Industries Acquires Infor Feb 5th, 2020 Mergers & Acquisitions January Industrial Supply M&A Recap Mike Hockett Feb 3rd, 2020 Mergers & Acquisitions Stanley BD to Buy CAM for $1.5B Mike Hockett Jan 29th, 2020 Mergers & Acquisitions Klinger Acquires Sealing Supplier GPI KLINGER Jan 22nd, 2020 Home FedEx Manager Guilty in Theft Scheme He made $1.8 million selling stolen merchandise. Associated Press Feb 7th, 2020 Company Expansion & Consolidation EWIE Group Launches 3D Printing Brand The new brand, Azoth 3D, is based in Ann Arbor and aims to transform a plant's physical inventory into a digital format. EWIE Group Feb 6th, 2020 Earnings Fastenal January Sales Improve from December January was a modest month-to-month gain, but was still the company's second-smallest yearly growth since December 2016. Mike Hockett Feb 6th, 2020 Earnings Snap-on Posts Flat Sales in Q4, 2019 Despite modest organic sales gains in Commercial & Industrial and Hand Tools, the figures reflected an industry-wide demand slowdown. Mike Hockett Feb 6th, 2020 Associations PTDA Funding Already at Nearly 60% of Goal The funding supports PT WORK Force, the Foundation's initiative to empower PT/MC employers to boost their recruitment and retention efforts. PTDA Feb 5th, 2020 Home Businesses Consider China Operations A look at the status of plants in China that have been idled over virus concerns. Associated Press Feb 5th, 2020 Home Koch Industries Acquires Infor Koch has been an investor in the software company since 2017. Feb 5th, 2020 Earnings SKF Notes Impact of Coronavirus In China, which comprises one-sixth of SKF's sales, the company's seven factories there are shut down until at least Feb. 10. Mike Hockett Feb 4th, 2020 Economy Trump's Economy: Solid & Steady, But Vulnerable Ahead of Trump's Tuesday night's State of the Union address, the economy has proved solid and durable, yet hasn't fulfilled many of his promises. Christopher Rugaber Feb 4th, 2020 Earnings Kennametal Q2 Sales Sink 14%, Takes Loss The numbers reflected a considerable marketwide slowdown in demand for industrial products, while other supply chain factors also hindered sales. Mike Hockett Feb 4th, 2020 Home Coronavirus Threatening China Importers In order to meet deadlines for summer goods, retail experts say that Chinese factories would need to start ramping up production by March 15. Anne D'Innocenzio Paul Wiseman Feb 4th, 2020 Technology & Software Tofino Lauches Cloud-Based MRO Purchasing Solution Tofino Cloud provides instant access to distributor catalogs and punchout sites, ensuring end-users can always find and purchase their MRO supplies. Tofino Software Feb 3rd, 2020 Earnings HD Supply to Pay $50M to End Fraud Suit The settlement will end a 2017 class-action suit that claims the company misled shareholders about supply chain issues. Mike Hockett Feb 3rd, 2020 Economy Market for Small Businesses Rebounds Besides tariffs, small business sales have also been affected by rising minimum wages and uncertainty about the November elections. Joyce M. Rosenberg Feb 3rd, 2020 Economy Dec. US Construction Spending Dips 0.2% It was the first monthly drop since June, while total 2019 spending was a setback. Martin Crutsinger Feb 3rd, 2020 Home US Factories Expand for 1st Time Since July January snapped a five-month losing streak in US manufacturing business activity. Paul Wiseman Feb 3rd, 2020 Home Unlocking Traceability, Efficiency in the Supply Chain See how wearable technology applications can help streamline supply chain processes, boosting traceability and worker efficiency. Axel Schmidt Feb 3rd, 2020 Associations NAW Elects 2020 Officers See who NAW elected as its new board chairman, along with a handful of other officer positions. Jan 31st, 2020 E-Commerce Amazon Prime Now Has 150 Million Members That's up 50 percent from the last time Amazon disclosed the number in 2018. Joseph Pisani Jan 31st, 2020 Earnings CAT Profit Rises Despite Sales Decline The strong profits, however, were overshadowed by an uncertain take on the year ahead with global growth slowing. Associated Press Jan 31st, 2020 Staffing Changes Kennametal Announces 2 Executive Changes The leadership changes are at the metalworking supplier's infrastructure and metal cutting business segments. Jan 30th, 2020 Home US Economy Grew at 2.1% Rate in Q4 Growth was supported by solid but slower consumer spending and an improvement in the trade deficit. Martin Crutsinger Jan 30th, 2020 Home Fed Leaves Rate Alone, Sees Virus as Risk The central bank said it would hold short-term rates in a range of 1.5% to 1.75%, far below levels that have been typical during previous expansions. Christopher Rugaber Jan 29th, 2020 Home What Trump's USMCA Actually Does Here are some questions and answers about the new deal. Paul Wiseman Jan 29th, 2020 Operations Super Bowl, March Madness Can Boost Morale Many businesses are happy to let staffers have some fun amid major sporting events as long as they get their tasks done. Joyce M. Rosenberg Jan 29th, 2020 Home National Oilwell Varco Found Partly Responsible for OK Rig Explosion NOV is the former owner of oilfield products distributor DistributionNOW — No. 9 on ID's Big 50 List. Associated Press Jan 29th, 2020 Home Trump: USMCA to Boost US Growth Trump made renegotiating the North American Free Trade Agreement a priority during his 2016 campaign, although trade experts say the impact of the new deal will be modest. Kevin Freking Paul Wiseman Jan 29th, 2020 E-Commerce Quick Hits: E-Commerce Tops Complaints In 2019, e-commerce led the state of Washington's consumer complaints category for the first time, a milestone for online buying gripes. ID discusses what this means for industrial suppliers. Alex Shanahan Mike Hockett Jan 29th, 2020 Facebook icon LinkedIn icon Twitter icon YouTube icon About Us Advertising Contact Us Privacy Policy Terms & Conditions CA Consumer Privacy Act © 2020 Industrial Media, LLC. All rights reserved....