Industrial Distribution articles from January 2002

Industrial Distribution archives from January 2002

Surviving 2002: Real-world strategies for wholesale distribution. (Departments).
January 1, 2002... Join us February 12, 2002 for a free online conference, brought to you by the National Association of Wholesaler-Distributors (NAW) in association with INDUSTRIAL DISTRIBUTION and Cahners Business Information. 11:00 a.m. - 12:30 p.m. EST...

Exact Macola. (Company News).(Brief Article)
January 1, 2002... Exact Macola is moving its management offices and North American sales operations from its Marion, Ohio headquarters to Boston, Ma. Macola purchased the Boston-area office and training facility of its business partner, The Kent Group. This is...

Airgas, Inc. (Company News).(Brief Article)
January 1, 2002... Airgas, Inc. sold two of its nitrous oxide plants to Air Liquide. Since its acquisition of Puritan-Bennett in January 2000, Airgas had six nitrous oxide plants. This brought the company under scrutiny by the Federal Trade Commission, which...

Industrial Holdings, Inc. (Company News).(Brief Article)
January 1, 2002... Industrial Holdings, Inc. completed the sale of three of the four subsidiaries that comprise its Engineered Products Group. The company sold the assets of American Rivet Co., Inc., Ideal Products and Orbitform. The company stated that the...

Milwaukee Electric Tool Corp. (Company News).(Brief Article)
January 1, 2002... Milwaukee Electric Tool Corp. plans to open a new Greenwood, Miss., production facility as part of a long-term rationalization and restructuring strategy. President Dan Perry said this will enable centralization of component and assembly...

Web resources. (Update).(Brief Article)
January 1, 2002... WEB RESOURCES Web site Host www.plasticrouting.com Onsrud Cutter This site contains machining facts, a searchable database of articles on plastics machining topics. It also has a...

Acquisitions & Mergers. (Update).(Brief Article)
January 1, 2002... Applied Industrial Technologies acquired Baleros Industriales S.A. de C.V....Brighton-Best Socket Screw Mfg., Inc. acquired the assets of Panafast L.C., an affiliate of Pawtucket Screw...Smith International acquired a majority interest in...

Leviton. (Awards).
January 1, 2002... Leviton received the Affiliated Distributors 2001 Excellence in Marketing Award

Mosier fluid power of kentucky. (Awards).(Brief Article)
January 1, 2002... Business First magazine named Mosier Fluid Power of Kentucky as one of this year's "Fast Fifty"

Ergodyne. (Awards).(Telly award for videos)
January 1, 2002... Ergodyne was awarded the Telly for its video, Taking Care Of Your Back

3TEX, Inc. (Awards).(Brief Article)
January 1, 2002... 3TEX, Inc. received a Tibbetts Award from the Small Business Administration

Masco Corp. (Awards).(Brief Article)
January 1, 2002... Masco Corp. honored W.W. Grainger, Dow Chemical, Stiles Machinery and Temple-Inland Forest Products Corp. as winners of its Masco Supplier Team Award Recognition 2000 Program.

Minnesota Industrial Tools. (Around & About).(Minnesota Industrial Tools President Mort Harris to lead the Industrial Distribution Assn.)(Brief Article)
January 1, 2002... Mort Harris, president of Minnesota Industrial Tools, will be gearing up to lead the Industrial Distribution Assn. a year earlier than planned. Harris, who is now treasurer, will be named president during the group's Spring Convention in...

The Thomas A. Read Center. (Around & About).
January 1, 2002... The Thomas A. Read Center for Distribution Research and Education is offering the 2002 Certificate in Distribution Management program. Held at Texas A&M University, the program offers five one-week modules exploring various aspects of the...

Integrated procurement systems. (Around & About).(Ron Gory retires from INTEGRA Integrated Procurement Systems)(Brief Article)
January 1, 2002... Ron Gory retired from INTEGRA Integrated Procurement Systems in May 2001 but stayed on through November to offer his guidance in restructuring the organization. His history with the company goes back to the former Ross-Willoughby era.

Getting paid for what you provide. (Editorial).(Brief Article)
January 1, 2002... One of the biggest discussions in the industrial distribution marketplace is whether or not distributors will be able to charge for services in the future. The subject has taken on increased prominence in the past few years and was the subject...

Determining a good stock. (Market Index).(Brief Article)
January 1, 2002... Typically, we discuss companies in terms of their industry positions, business models or other attributes, and how they may or may not be "successful." This month, rather than talking about what makes good companies, we discuss what makes...

Training in the electronic classroom: E-learning is one of the newest ways to bring training to employees -- and it's becoming more common in the supply channel. (News).
January 1, 2002... NEWTON, MASS.--E-learning, Web-based training, online education -- whatever you call it, it's becoming more and more prevalent in the industrial supply channel as software companies, trade associations and e-learning firms attempt to bring the...

Manufacturers vs. distributors: The battle continues. (News).(Brief Article)
January 1, 2002... NORTHFIELD, ILL.--Supply chain specialist Robert Nadeau knows an endless loop when he sees one. "If I don't trust you, and you don't trust me, can we help each other? I'm going to cover myself first and ignore your problem beyond the point...

Analysts expect mergers to resume. (News).(Brief Article)
January 1, 2002... NEWTON, MASS--In recent years, there has been considerable consolidation in industrial distribution, but current economic conditions have limited merger and acquisition activity. Sales for most distributors are down and economic indicators such...

New brand combines famous names. (News).(Bahco and Snap-on combine to create new tools)(Brief Article)(Product Announcement)
January 1, 2002... SCRANTON, PA--BAHCO[R] North America and Snap-on[R] launched a new brand of tools at the Specialty Tools and Fasteners Distributors Assn. convention last November. BAHCO by Snap-on[R] brand is a new line of professional tools carried by...

FPDA spring meeting hits the mark. (News).(Fluid Power Distributors Association)(Brief Article)
January 1, 2002... PALM DESERT, CALIF.--If you're ready for some hot weather when the end of February rolls around, the Fluid Power Distributors Assn. Annual Convention will hit the spot. The convention will be held at the Marriott Desert Springs in Palm...

Clarification. (News).(Specialty Tools and Fasteners Distributors Association)(Correction Notice)
January 1, 2002... In our November Target Report on Fasteners, it was reported that the Specialty Tools & Fasteners Distributors Assn. may be forming an alliance with the National Industrial Fasteners Show/East this May in Columbus, Ohio. (Spring expo gets...

Sellars and NASCAR join forces. (News).(Sellars Absorbent Materials Inc.)(National Association for Stock Car Auto Racing)(Brief Article)
January 1, 2002... MILWAUKEE--Sellars Absorbent Materials, Inc. has signed an exclusive multi-year licensing agreement with NASCAR. With the agreement, Sellars becomes the only NASCAR licensee for all wipes and sorbent products. "...NASCAR's audiences and...

STAFDA draws 3,800. (News).(Specialty Tools and Fasteners Distributors Association)(Brief Article)
January 1, 2002... SAN ANTONIO--The Specialty Tools & Fasteners Distributors Assn. drew 3,800 people to its 25th Annual Convention and Trade Show November 11 to 13. Though attendance was down from the previous year, association officials said the turnout was on...

ISMA/I.D.A. a success in Chicago. (News).(Industrial Supply Manufacturers Association and Industrial Distribution Association conference)(Brief Article)
January 1, 2002... CHICAGO--Leaders of the Industrial Supply Manufacturers Assn. and the Industrial Distribution Assn. were pleased with the attendance at their recent Fall Convention, held at the Hyatt Regency O'Hare in Rosemont, Ill. Over 1,600 people attended...

Safety products join high-tech race. (Safety Products Outlook).(Airgas Inc.)(Brief Article)
January 1, 2002... Technology has taken a prominent place in the safety products business, both in the engineering of products and in the use of computers and the Internet to sell and service customers. Personal protection products, the fastest growing...

Grips[R] high traction. (Product Extra).(Brief Article)
January 1, 2002... GRIPS(R) HIGH TRACTION footwear is designed to supply superior slip resistance in virtually all slick areas; fit over work shoes and boots; impregnated with sandpaper-like grit; angle-tread sole design.

Airmate[TM]. (Product Extra).(Brief Article)
January 1, 2002... AIRMATE[TM] combination escape self-contained breathing apparatus/supplied air respirator is NIOSH-approved; high level of protection in environments immediately dangerous to life and health; interchangeable 5- and 15-minute cylinders.

Coveralls[TM]. (Product Extra).(Brief Article)
January 1, 2002... COVERALLS[TM] cost-effective alternative to prescription safety eyewear offer complete eye protection; impact resistant, one-piece polycarbonate lens with integral sideshields for clear, wide line of vision; clear, gray or amber.

Web conferencing is a safe alternative. (Technology Update).(Brief Article)
January 1, 2002... As a way to cut expenses, there are alternatives to flying around the country to attend business meetings. Long before the events of Sept. 11, corporate America was in the throes of an economic slowdown that included sharp cutbacks in business...

Sterling commerce offers VMI online. (Technology Update).(Brief Article)
January 1, 2002... COLUMBUS, OHIO--Sterling Commerce, a subsidiary of SBS Communications, Inc. selected Enterprise Data Management's Datalliance Service for vendor managed inventory. EDM is the newest member of the Sterling Commerce Affinity Alliance Program....

Open business exchange releases electronic invoice delivery. (Technology Update).(Open Business Exchange)(Brief Article)(Product Announcement)
January 1, 2002... NEW YORK,--London-based Open Business Exchange introduced its electronic invoice delivery service in the United States. OB10 enables large buyers of goods and services to receive electronic invoices from an unlimited number of suppliers...

Frontstep offers enhanced ERP II application. (Technology Update).(Brief Article)(Product Announcement)
January 1, 2002... COLUMBUS, OHIO--SyteLine 6.0 for extended-enterprise management is designed to support an automated environment where systems work collaboratively to fulfill the customer's needs, optimize resources and relieve personnel from routine tasks to...

MRO Software launches enterprise catalog management. (Technology Update).(Brief Article)
January 1, 2002... BEDFORD, MASS.--MRO Software has added its existing software solutions through the acquisition of Collego Corp. MRO Software is now distributing Collego[TM] Catalog Manager[TM], a complete enterprise software application for industrial...

Ability closes doors for restructuring. (Technology Update).(Brief Article)
January 1, 2002... ATLANTA--Ability, maker of inventory optimization and e-fulfillment for distribution and B2B markets, is closing its operations in North America due to restructuring of its parent company iXchange based in South Africa. The parent company will...

FastPic systems offers inventory software. (Technology Update).(automated storage and retrieval system software)(Brief Article)
January 1, 2002... WESTBROOK, MAINE--Identifying groups of repair and operating parts as kits saves time and money, eliminating errors and providing end users with the correct part numbers and quantities the first time out. According to Fast-Pic4 Systems, a...

Cooperating with the competition: Unique industrial exposition brings competitors together with some surprising results. (Cover Story).(Brief Article)
January 1, 2002... AMID THE MARKETING WORLD'S TECHNOLOGICAL marvels of e-business, database management and integrated supply solutions, it's possible for the simpler, person-to-person meeting that ends with a smile and handshake to become all too rare. ...

2002 economic outlook: Experts say there is a recovery on the horizon, but will it come soon enough? (Economy).
January 1, 2002... TRYING TO PREDICT WHERE THE economy will be in six months is never an easy task. The terrorist attacks of September 11 had far-reaching effects on our economy, but the depth and breadth of these events remain unclear. It is also impossible to...

Freezing it: Many distributors expect to spend about what they did last year on information technology, while one-third plan reductions, ID's survey shows. (E-Business).
January 1, 2002... More distributors plan to spend about the same on information technology in 2002 as they did last year, compared to companies expecting to either increase or cut their spending dramatically. That is the key finding of a recent survey...

2002 technology directory.
January 1, 2002... TECHNOLOGY CONTINUES TO BE AN IMPORTANT issue for industrial distributors of all sizes. And while the tough economy is straining IT budgets for some companies, many are still looking to upgrade or enhance existing systems, or purchase new ones....

Markets down for most products. (Abrasives Product Focus).
January 1, 2002... The economic downturn that caused a drop in orders for heavy industries has affected all markets, experts report, but the maintenance market may help some distributors sell items they have in stock. Companies are cleaning and rebuilding...

Heavy-duty products save time and money: New, extra-heavy-duty flap wheels combine rough and finish grinds into one operation. (Abrasives Product Selling).
January 1, 2002... The latest claim from heavy-duty coated flap wheel and non-woven disc manufacturers is that customers willing to spend a little more can get double the average life from new abrasive products. Several manufacturers reported this year that...

New year, new attitudes: Salespeople need to build new sales dreams and leave the comfort zone behind. (Strictly for Sales).
January 1, 2002... For many people, this time of year is a time for reflection and anticipation. Reflection on the old year and anticipation of the new year. As a sales man, I've always viewed the New Year as another opportunity to prove myself. I start anew with...

Cyberterror: A fact of life; Experts anticipate a rise in terrorist attacks on and through computer systems. (Systems & Software Technology).(September 11 attack on New York's World Trade Center)("Cyber Attacks During The war on Terrorism," )
January 1, 2002... Not since the Japanese bombing of Pearl Harbor has an event burned itself into the collective consciousness of Americans as did the September 11 attack on New York's World Trade Center. But unlike Pearl Harbor, the Trade Center disaster...

The economics of quality: Offering quality products is often the solution to total system cost reduction. (Final Word).
January 1, 2002... The signs are clear. As the economy slows down, pressure to reduce costs goes up. Whether it's the finance department cutting budgets or consultants promising 10-15 percent cost reductions, distributors around the country are being forced to...