Team Moblico

Calendar-year distributors: What’s your planning routine for 2020?

Let’s all agree that a company can sit in a low-cost business overhead situation and survive while creating little to no organic business.

For much of its 130-year history, the U.S. Bureau of Labor Statistics has collected data and published reports on occupational injuries, illnesses and fatalities.

Zurn Industries announces its acquisition of the assets of Just Manufacturing, a manufacturer of stainless-steel designer and engineered sinks, commercial faucets and accessories.

Textron (NYSE: TXT), Providence, Rhode Island, reported total revenues of $13.6 billion for 2019, down 2.1% over 2018. Profit fell 33.3% to $815 million. The company reported sales of $4 billion for the fourth quarter of 2019, up 7.6% compared with the fourth quarter of 2018. Profit for the quarter fell 19.1% in 2018 to $199 million. […]

Rexnord Corp. (NYSE: RXN), Milwaukee, reported sales for the third quarter of fiscal 2020 of $492 million, an increase of 1% year-over-year. Profit for the quarter was $48 million compared to $53 million the previous year’s quarter. For the first nine months of the fiscal year sales were $1.5 billion, up 0.5% from the previous year. […]

Stanley Black & Decker (NYSE: SWK), New Britain, Connecticut, has reported fourth-quarter and full-year 2018 financial results. The company reported 2019 full-year revenues of $14.4 billion, up 3% compared with 2018. Profit was reported at 955.8 million. Fourth-quarter sales were $3.7 billion, up 2% compared to the same period in 2018. Profit was $199.1 million, compare to […]

Ingersoll-Rand plc (NYSE: IR), Swords, Ireland, reported sales for 2019 of $16.6 billion, a 5.9% increase from the previous year. Profit increased 5.5% to $1.4 billion. Sales for the fourth quarter were $4.2 billion, a 6.5% increase over the same period a year ago. Profit was $296.1 million compared to $254 million in the previous fourth […]

Avery Dennison Corp. (NYSE:AVY), Glendale, California, reported sales 2019 or $7.1 billion, down 1.2% over 2018. Organic sales were up 2%. Profit was $303.6 million, down 35% over 2018. The company reported sales for the fourth quarter of $1.8 billion, up 0.2% from the prior-year period and 2.1% organically. Profit was $162.5 million, up 67.4%.

Tuohey moves into CEO role; Andruszkiewicz promoted to president.  

Second Pennsylvania location for Northeast powerhouse.

Industry veteran named director of marketing.

Smart Care Equipment Solutions announced that Jeff Johnson has joined the company as chief financial officer.

The companies will offer a combined 45,000 unique stocked items of hardware and supplies to security professionals and locksmiths shipping from five strategic locations in the U.S.

Fourth quarter 2019 sales were $838 million, a slight decline compared to the fourth quarter of 2018.

The company has commenced a search for the company’s next CFO.