Economy
New Digital Marketplace Goes Live in the U.S.
Written by Tim Triplett
June 12, 2019
XOM Marketplace—the latest online solution for buying and selling materials such as steel, stainless steel, aluminum and plastics—has gone live in the United States. Active in Europe since 2018, XOM Materials, the Berlin-based company behind the new online marketplace, already claims success in Germany and other European markets. Expansion into the U.S. marks a major milestone in the company’s growth.
The traditional process for buying or selling materials is inefficient, wasteful, and lacking in transparency. XOM Marketplace is a digital platform designed to connect buyers and sellers and make transactions highly efficient. By simply logging in, buyers can connect with various suppliers, investigate new sources, and see what established sellers have on offer. Sellers can use the platform to serve existing customers better and quickly add new ones, simplifying their workload and ensuring sales run smoothly, the company said.
XOM Materials currently has a staff of 50 working in its offices in Atlanta and across Europe. Its XOM Marketplace claims to be a straightforward, reliable, independent service promising “a maximum of efficiency with a minimum of fuss.”
“The go-live of XOM Marketplace in the U.S. is a proud moment for me and my team,” says Tim Milde, Chief Operating Officer at XOM Materials. “As we grow, so do our customers—both sellers and buyers. At XOM, we believe that digital is the only way forward. And that’s a journey we’re excited to be a part of.”
Tim Triplett
Read more from Tim TriplettLatest in Economy
ISM: Manufacturing still contracting, but at slower pace
“U.S. manufacturing activity contracted again in December, but at a slower rate compared to November,” according to Timothy Fiore, chair of the ISM Manufacturing Business Survey Committee.
Construction spending steady in November
Construction spending inched higher in November for a second straight month.
Chicago Business Barometer falls for a third month
The December reading of 36.9 declined 3.3 points from the previous month to the lowest reading since May 2024.
ISM: US manufacturing poised for growth in 2025
“Manufacturers are optimistic,” said Timothy R. Fiore, chair of ISM’s Manufacturing Business Survey Committee.
New York state manufacturing activity stable in December
Following a substantial recovery in November, business activity in New York state’s manufacturing sector held steady in December, according to the latest Empire State Manufacturing Survey from the Federal Reserve Bank of New York.