News and articles on distributors of cutting tools and abrasives, as well as coverage of key market trends. Special coverage includes Big 50 companies such as W.W. Grainger, HD Supply, Fastenal and MSC Industrial Direct. en-us http://www.inddist.com/community/Cutting+Tools%2FAbrasives/48331.html?nid=3949 2008 Reed Business Information. Subject to its Terms of Use. Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6560493.html?nid=3949 May 9 twister tears part of roof from an Industrial Distribution Group DC in Belmont, N.C., causing no injuries but damages of up to $7 million Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6560303.html?nid=3949 Manufacturers spent $545 million on machine tools in March, up 16 percent compared with February, according to the American Machine Tool Distributors’ Assn. and the Assn. for Manufacturing Technology Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6559772.html?nid=3949 Broad-line MRO distributor’s daily sales increase 13 percent; branch-based sales increase 11 percent Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6557772.html?nid=3949 Twin Cities location boosts building materials distributor's Midwest footprint Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6556728.html?nid=3949 Incoming CEO and current president James Ryan tells shareholders the broad-line MRO distributor plans to increase customer service and become Mexico’s first national distributor, Crain’s Chicago Business reports Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6556179.html?nid=3949 Broad-line MRO distributor could repurchase an additional 10 million shares of its own stock Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6556102.html?nid=3949 Swedish manufacturer acquires Sandvik Nora AB for an undisclosed amount Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6555637.html?nid=3949 Broad-line MRO distributor debuts 2,200-square-foot fourth Phoenix-area store Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6554179.html?nid=3949 Private equity firm offered nearly $134 million for MRO distributor, winning a bidding war when Platinum Equity declined to match the bid on April 25 Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6554529.html?nid=3949 Manufacturers post quarterly sales, earnings figures Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6553827.html?nid=3949 Electrical and MRO distributor bails out of bidding war over MRO distributor, leaving the field to a pair of private equity players Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6553665.html?nid=3949 Tools and electrical products manufacturers announce quarterly sales and earnings results; Snap-on acquires stake in Chinese hand tools maker Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6553620.html?nid=3949 Private equity player offers $130.6 million for MRO distributor, trumping Wesco International’s $130 million bid Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6552428.html?nid=3949 Building materials distributor launches kitchen and bath fixtures brand Seasons and heavy-duty tools brand Brigade Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6552285.html?nid=3949 Teeness is the Norwegian-based manufacturer of the Silent Tools line of anti-vibration tools. Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6552275.html?nid=3949 MRO distributor accepts $11.75-per-share offer from electrical and MRO supplies wholesaler; analyst says the deal offers multiple benefits for each company. Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6551457.html?nid=3949 Cutting tools and workholding products manufacturer debuts SharC line of end mills and opens new quality assurance laboratory in Natick, Mass. Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6551366.html?nid=3949 Companies spent $308.50 million on machine tools in February, 4.4 percent more than in February 2007, according to the Assn. for Manufacturing Technology and the American Machine Tool Distributors’ Assn. Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6551094.html?nid=3949 Broad-line MRO distributor’s 1Q sales top $1.6 billion; net earnings rise 12 percent to $114 million Wed, 14 May 2008 21:31:56 PST http://www.inddist.com/article/CA6548848.html?nid=3949 MSC Industrial Direct CEO David Sandler tells analysts the economic downturn will help the MRO and metalworking products distributor take market share from small and mid-sized competitors Wed, 14 May 2008 21:31:56 PST