
According to Industrial Supply Magazine, the five leading American industrial supply companies generated more than 44 billion dollars in revenue in 2012. Although American businesses continue to outsource more jobs overseas, the United States was second only to the European Union in terms of manufacturing revenue during 2010. During that year, American manufacturing generated more than 1.7 trillion dollars in revenue, and outpaced China by nearly 15 billion dollars.
Industrial supply companies play a crucial role in manufacturing on both the domestic and international levels. The leading industrial suppliers provide manufacturing companies with the industrial grade tools, hardware, and finishing supplies that are essential to the production of all types of consumer products. Basically, without industrial suppl (more…)