FDI: February Distribution Slows
What impact might MSC buying Barnes Distribution have?
“MSC Industrial has sought ways to access fasteners, and BDNA would seem to provide that entree. But what did respondents think?”
“Most did not think much: 36% imagined MSC would be more competitive in fasteners, but 64% did not see much impact on the market.”“However, even in this there is a cautionary tale for smaller distributors. Of the distributors who imagined no impact, 76% based this on never having run into Barnes, not MSC’s inability to tackle the model.”
“But one of the things MSC brings to the transaction is a wider reach. It still has to prove it can be effective in fasteners, but this suggests to us there is a real geographic opportunity.” Click here for more.
In like a lion, out like a lamb.
That’s how U.S. fastener distributors may come to remember the opening quarter of 2013.Fastener activity in the first two months of 2013 suggests an unwelcome trajectory for U.S. distribution, as business advanced in January and retreated somewhat the following month, according to the BB&T Capital Markets Fastener Distributor Index (FDI).
“After a resurgent January, February skidded to levels that question the strength of the early 2013 bounce,” according to the FDI.(…)
via FDI: February Distribution Slows – Global Fastener News – USA.