Few would argue that technology has had - and will continue to have - enormous impact on the way business is done. But the expanded use of technology and increased reliance on integrated-supply does not represent a threat to distributors.
The Piping Connection, an industrial-PVF buying and marketing cooperative formed in mid-1997, has joined forces with C.L. Watt, its counterpart for plumbing, heating and air conditioning distributors.
PSDI, a provider of enterprise asset maintenance and MRO e-commerce systems, has acquired the semimonthly newsletter Modern Distribution Management, which covers the overall industrial-distribution market.
The availability of industrial space in large buildings (100,000 sq. ft. or more) slipped from 8.3% in the second quarter of 1999 to 8.1% in the third quarter.