tED Magazine HomeJanuary 01, 1905
Rexel Acquires Electro-Industrie en Acoustiek
Rexel strengthens its market share in Belgium through the acquisition of Electro-Industrie en Acoustiek.
Kaman Sales Drop 1.5% in 2Q
Kaman Corp. reported second-quarter sales of $446.3 million, down 1.5% year-over-year. Distribution sales declined 2 percent for the second quarter to $304.1 million. Kaman has lowered their 2015 outlook.
Eaton Appoints Hydraulics Group President, VanArsdale to Retire
Eaton Thursday announced Curtis J. Hutchins has been appointed president of Eaton's Hydraulics Group, effective Aug. 1. He succeeds William R. VanArsdale, who will retire Aug. 1.
Universal Names New Senior Account Sales Representative
Janel Carr has experienced a variety of roles in the credit department, inside sales, and OEM and DIST pricing, beginning her career with Universal in 2001.
Siemens Names CEO of Process Industries and Drives Division
With Siemens management for 25 years, Jürgen Brandes will succeed Peter Herweck, who will be leaving the company at the end of the fiscal year.
Rexel Sales Up 8.4%, Reports Net Loss
Despite sales increase, the distributor reported a second-quarter net loss of €19.2 million, expects to be at the low end of its full-year guidance.
Siemens Q3 Profit Declines, Confirms 2015 Outlook
The company reported a slight decline in third-quarter net profit on slow growth in its power and gas division and a weak global economy.
AP: 10 Things to Know Today
Here are the top 10 stories from the Associated Press for Friday, July 31 including Zimbabwe wants to prosecute the dentist who hunted Cecil the lion, experts now believe the piece of a jetliner may not help them find the missing Malaysian plane, we now know where the 2022 Winter Olympics will be held and a Seattle restaurant says the $15 minimum wage is working well with employees and customers. Read more…