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Moblico Blog

Distribution Services News and Insights

BlackHawk Acquires Machine Tools Supply

Metalworking and industrial supplies distributor BlackHawk Industrial, Broken Arrow, OKklahoma, has acquired Machine Tools Supply,  MTS, previously a subsidiary of DNOW, has a long-standing reputation as

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Sysco Sales Up 1.8% in 2Q

Foodservice distributor Sysco Corp. (NYSE: SYY), Houston, reported second-quarter sales of $15 billion, a 1.8% increase from the same quarter a year ago. Profit increased 43.4%

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Emerson’s Q1 Sales Up Slightly

Emerson (NYSE: EMR), St. Louis, Missouri, reported first-quarter sales of $4.2 billion, up 0.1% compared with the year-ago period. The company reported net earnings of $329

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Eaton Sales Down 0.9% in 2019

Diversified industrial manufacturer Eaton Corp. (NYSE: ETN), Dublin, Ireland, reported 2019 sales were $21.4 billion, a decrease of 0.9% from the previous year. Profit increased 3.3% to

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SKF Sales Up Slightly in 2019

Swedish bearing manufacturer SKF reported sales for 2019 of SEK 86 billion (US$9 billion), up 0.4% from 2018. For the fourth quarter, sales were SEK 21.2 billion (US$2.2

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Anixter Sales Up 5% in 2019

Anixter International Inc. (NYSE: AXE), Glenview, Illinois, reported sales for 2019 of $8.8 billion, up 5% year-over-year. Profit was up 68% to $262.9 million. For the

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