Trademark Infringement Allegation Gets Fan Manufacturer Thrown Out Of Expo | 2020-02-07 | ACHR NewsACHRNews logoACHRNews logo This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message […]
Category: Uncategorized
Manufacturing Employment Fell by 12,000 in January
Total nonfarm payroll employment rose by 225,000 in January, and the unemployment rate was little changed at 3.6%, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in construction, in health care, and in transportation and warehousing. Manufacturing employment fell by 12,000 in January and has shown little movement, on net, over the […]
Obituary: Dave Pannier
Obituary: Dave Pannier | 2020-02-06 | ACHR NewsACHRNews logoACHRNews logo This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you […]
Fieldpiece Instruments Welcomes New Chief Executive Officer
Fieldpiece Instruments Welcomes New Chief Executive Officer | 2020-02-06 | ACHR NewsACHRNews logoACHRNews logo This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to […]
Daikin Launches New 2-Year Unit Replacement Limited Warranties
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Fastenal’s January Sales Up 3.6%
Fastenal Co. (Nasdaq: FAST), Winona, Minnesota, reported January sales of $462.9 million, up 3.6% over the year-ago period. The company reported daily sales of $21 million, up 3.6% versus a year ago. By region, U.S. sales grew 3.1% in January. By end market, manufacturing sales grew 4.3%, while non-residential construction grew 3.2%, the company said.
Snap-on Sales Down Slightly in 2019
Snap-on Inc. (NYSE: SNA), Kenosha, Wisconsin, reported sales for 2019 of $3.7 billion, a 0.3% decrease from the previous year. Profit increased 2.2% to $711.2 million. Sales for the fourth quarter were $955.2 million, a 0.3% increase year-over-year. Profit decreased 2.4% to $175 million. Commercial and industrial segment sales for the quarter increased 2.7% year-over-year to […]
LINC Systems Acquires R.V. Evans Company
Industrial fastener distributor LINC Systems, Westfield, Indiana, the industrial fastener and packaging distribution platform of Center Rock Capital Partners, LP, has acquired R.V. Evans Company, Decatur, Illinois, a leading distributor of fastening and packaging products. RV Evans has been owned and operated by the Evans family for over 80 years and is currently led by Kelly Evans and TC […]
The Single Best Resource for Future-Proofing Your Business
In the past decade, technology, market trends, and customer preferences have changed the dynamics of the distribution industry. For many companies, maintaining a product and service-based business model while pursuing more outcome-driven, technology-centric solutions has become an interesting balancing act to match shifting expectations. At the center of this fine line is digital transformation. This […]
“Fastest Hands in HVAC/R” Tournament Draws 350 Players
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Daikin Applied Discusses Transition to R-32
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The Goods and Services Deficit Increased in December
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $48.9 billion in December, up $5.2 billion from $43.7 billion in November, revised. December exports were $209.6 billion, $1.6 billion more than November exports. December imports were $258.5 billion, $6.8 billion more than November imports. The December […]
Timken’s Q4 Sales Down 1.5%
The Timken Co. (NYSE: TKR), Canton, Ohio, reported fourth-quarter sales of $896 million, down 1.5% compared with the year-ago period. According to the company, the decline was driven by lower demand mainly in the Mobile Industries segment and unfavorable currency, partially offset by the favorable impact of acquisitions and positive pricing. Timken reported $117.8 million in profit for […]
ABB Sales Increase 1% in 2019
Switzerland-based power and automation company ABB reported full year sales for 2019 of $28 billion, an increase of 1% from 2018. Profit decreased 34% to $1.4 billion. Fourth quarter sales were $7.1 billion, a decrease of 4% from the same period the previous year. Profit increased 3% to $325 million.
AMETEK Sales Up 6% in 2019
AMETEK Inc., Paoli, Pennsylvania, a global manufacturer of electronic instruments and electromechanical devices, reported sales for 2019 of $5.2 billion, up 6% over 2018. Profit increased 10.8% to $861.3 billion. For the fourth quarter, the company reported sales of $1.3 billion, up 3% from the same period of 2018. Profit was $220.8 million. The company […]
Danfoss Offers Insights Into HVACR Industry
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Emerson E360 Breakfast Takes A Look Toward The Future
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LG Aims to Provide a One-Stop Solution for Its Clients’ HVAC Technology Needs
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Product of the Year Goes to Danfoss
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Why You Should Consider Differentiated Service Levels to Grow Margin
Ask a successful distributor to list the top reasons for their accomplishments. Most responses will include strong supplier partnerships, well-developed supply chains and local market knowledge. However, many distributors claim that the biggest key to success is a never-ending pursuit of customer satisfaction. But what exactly does customer satisfaction mean in an environment where B2C […]
