April 2010 News
Gross Domestic Product rises in Q1 2010
Real GDP increased at an annual rate of 3.2 percent in the first quarter of 2010.
Stanley Black & Decker reports Q1 sales
Stanley Black & Decker reported first quarter net sales of $1.3 billion, up 38% versus prior year due to the inclusion of Black & Decker's results for the roughly one-month period since the two companies merged.
Kansas eyes $8.2 billion KDOT plan
Ten-year, $8.2 billion transportation program includes $1.7 billion of state highway revenue bonds.
Public-private deals hold promise for high-speed rail
California's Alameda Corridor, a 20-mile railroad express line, offers a model for public-private partnerships that draw on a variety of funding sources.
Blog: Adam Fein's Economic Outlook
The economic recovery in distribution is underway. As Adam Fein predicted last July, the wholesale distribution industry will show year-over-year growth in the first quarter of 2010.
Increased spending gives rise to optimism on recovery
Economists are revising forecasts and predicting a stronger economic recovery as a result of surging profits.
Machine tool consumption up 22.1%
February U.S. manufacturing technology consumption totaled $163.96 million, up 28.8% from January.
Fastenal Q1 profits rise 15%
Fastenal Company reports Q1 net income rises 15% to $56 million, from $48.6 million in Q1 2009.
Grainger posts 3% profit gain
Grainger report first quarter sales of $1.7 billion, up 14% versus first quarter 2009.
Activant launches blog
Biweekly posts will promote best-in-class practices for distributors.
Columbus McKinnon launches new corporate Web site
Site permits users to compare products simultaneously and request a quotation through their local Columbus McKinnon distributor.
Solar Success! Conference to Reveal Essentials of PV Profitability for Small Businesses
Solar Success! is slated for May 17-22 in Phoenix, at the Arizona Convention Center.
Atlas Copco to Open New Distribution Center in CharlotteNew Distribution Center ensures next day delivery on thousands of items for the North America market.
Bon Master Catalog Features More Than 5,000 Tools
Catalog of contractor-grade hand tools and materials grows to over 400 pages and over 5,300 products.
Industry Veteran Denise Stoppleworth Forms IRONCLAD Marketing
Agency serves clients in the equipment industry, including construction, industrial, landscape, recycling, rental, snow and ice management, utility and waste.
AGC Updates Training Calendar
Courses offered in project management, LEED building, federal contracting.
California solar outfits race to meet stimulus deadlines
Planners of green projects, including solar farms, are scrambling to meet year-end deadlines for federal-stimulus funds that would cover 30% of project costs.
LIQUID NAILS Goes on TV
Designing Spaces TV show features LIQUID NAILS lessons for DIY projects.