Not only has activity rebounded despite the rise in coronavirus cases and corresponding lockdowns, but also multibillion-dollar deals are happening more frequently. Here’s our M&A recap from a very busy month.
November M&A Roundup: Consolidation Escalates Amid COVID-19 Surge Read More »
Independent company, which serves Northern Virginia, Maryland and Washington, D.C., will become part of building materials giant — the soon-to-be merged BMC and Builders FirstSource.
BMC to Acquire Maryland-Based Building Materials Distributor Read More »
The U.S. Census Bureau has released advance indicators showing that the international trade deficit and wholesale inventories moved in opposite directions in October.
Census Bureau Releases Two Advance Economic Indicators for October Read More »
Increase of manufactured durable goods is the sixth in a row following growth in May, June, July, August and September — all of which had been preceded by two decreases during the height of the coronavirus crisis.
Advance Report: New Orders for Durable Goods Up 1.3% in October Read More »
Paints, coatings and specialty materials supplier PPG, Pittsburgh, Pennsylvania, on Monday announced that it has agreed to acquire Ennis-Flint, a Greensboro, North Carolina-based manufacturer of coatings, for $1.2 billion.
PPG to Acquire Coatings Manufacturer Ennis-Flint Read More »
In the latest MDM interview, Barry Litwin, CEO of Systemax — the publicly traded parent of Global Industrial and other businesses — discussed the company’s 3Q performance, what’s driving growth in 2020 and the “permanency” of pandemic-related products.
Behind One Distributor’s Record 3Q, Future Growth Plans Read More »
The increase in real GDP reflected increases in PCE, private inventory investment, exports, nonresidential fixed investment, and residential fixed investment that were partly offset by decreases in federal government spending.
Real U.S. GDP Up 33.1% in 3Q According to ‘Second’ Estimate Read More »
The latest group of MDM Future Leader Award winners are setting the stage for the next generation of distribution with their focus on technology-based initiatives.
The Future of Distribution Looks Bright Read More »
Introducing the latest class of MDM Future Leader Award winners — 10 talented and digitally focused leaders under age 40 who are enhancing the market at every turn.
Download this Issue as a PDF: November 25 2020 Read More »
Chosen from dozens of talented nominees over a month-long online nomination process, the latest MDM Future Leader Award winners represent the cream of the crop among the field of under-40 distribution talent.
The latest group of MDM Future Leader Award winners are setting the stage for the next generation of distribution with their focus on technology-based initiatives.
Commentary: The Future of Distribution Looks Bright Read More »
Swiss fastener distributor The Bossard Group has invested a 40% stake in the startup company MultiMaterial-Welding AG, Stansstad, Switzerland.
The Bossard Group Invests in Welding Business Read More »
Emerson says acquisition will help the company’s customers “further their sustainability goals through better air management.”
Emerson Completes Acquisition of 7AC Technologies Read More »
The news has mostly been good since our last update on the reports affecting wholesale distribution, manufacturing and the overall economy, but as coronavirus cases rise, so do fears of a so-called “COVID-19 cliff.”
Is a Grim Winter Coming? Read More »
Gallagher, who has been with Avnet for 37 years, had been serving as interim CEO since August
Avnet Names Phil Gallagher CEO Read More »
Latest Chicago Fed National Activity Index (CFNAI) shows that three of four broad categories of indicators used to construct the index made positive contributions in October, and three of the four categories increased from September.
Chicago Fed National Activity Index Improves to +0.83 in October Read More »
Optimize operations, prevent theft and prioritize employee health with the assistance of IoT at work, says Sigfox USA's Eddie Meyersick.
3 Ways IoT Can Help Distributors Read More »
Industrial distributor appoints Mark Pickett to newly created role for “leading and driving a consistent brand experience for customers across all of MSC’s platforms and channels.”
MSC Industrial Supply Names VP for Cross-Channel Growth Read More »
PE-backed PPE manufacturer Protective Industrial Products Inc. has bought Primax Manufacturing & Trading Inc., a maker of safety gloves and other protective clothing.
Protective Industrial Products Adds Bolt-On PPE Supplier Read More »
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Nov. 9 to Nov. 13 indicated an 2.2% decrease — but will more lockdowns further drag revenues in the coming weeks?
Pandemic Revenue Index Slips 2.2% Read More »
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