ISSA Names 2021 Honorees
Northbrook, Illinois-based trade association announced its 2021 ISSA Achievement Awards honorees during a ceremony in Las Vegas.
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November 2021
HARDI Exec VP Departing
Heating, Air-conditioning & Refrigeration Distributors International says that longtime Executive VP Emily Saving is leaving the company.
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ABC Names Chair and Exec Committee
ABC board members chose Stephanie Schmidt, president of Poole Anderson Construction, as 2022 national chair of the board of directors.
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Beacon 4Q Sale Up 6.9%
Roofing material and building products distributor reported 2021 fiscal 4Q sales of $1.88B, a quarterly record for continuing operations.
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Why Digital Transformation Fails: Lack of Communication
Post-pandemic, traditional operations will no longer be sufficient. Consumers expect businesses to provide quality digital experiences.
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Selected Service 3Q Revenue Rises
Advance U.S. selected services total revenue for 2021 3Q was $4,524.9 billion, an increase of 3.7% over 2021 2Q and up 15.2% from 2020 3Q.
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AZEK Sees 4Q Rebound
The AZEK Company Inc. reported a ‘record’ fiscal 2021 fourth quarter, with net sales increasing 31.1% over the same period in 2020.
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NSI Acquires Duro Dyne
NSI Industries reached a deal with Duro Dyne Corp., a sheet metal manufacturer for the heating, ventilating and air conditioning industry.
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New Practices in a Pandemic Recruiting Battle
Recruitment today is a two-way street: The best talent is landing with those employers thinking outside the traditional hiring process box.
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FleetPride Acquires Jim’s Truck & Trailer
The distributor acquired assets of Jim’s Truck & Trailer Equipment, which provides parts to customers in north Texas and southwest Oklahoma.
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Ace Has ‘Record’ 3Q
Ace Hardware Corporation reported 2021 third-quarter net income of $99.3 million, an increase of 0.6% over the same period a year ago.
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Bunzl Acquires 2 U.K. Companies
International distribution and services group Bunzl plc says it has acquired two companies based in the U.K.: Workwear Express and Hydropac.
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ABC: 78% of Contractors Using New Tech
Associated Builders and Contractors released its first construction technology report, which studies tools and tech members use at worksites.
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Sentinel Capital Acquires Empire Auto
The private equity firm that invests in midmarket companies acquired Empire Auto Parts, a distributor of aftermarket collision parts.
Sentinel Capital Acquires Empire Auto Read More »
MSC Partners With University
MSC Industrial Supply Co. and the University of Tennessee have created a public-private research partnership aimed at advancing machining.
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8 Third-Quarter Economic Indicators Impacting Distribution
Mixed signals mark third-quarter financial and economic indicators impacting distribution, such as LEI, industrial production and PPI.
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Motion Names New VP
MRO distributor announces that John Watwood has been promoted to vice president of operations integration, effective immediately.
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ABC Supply Adds Texas Location
The distributor of roofing, siding and exterior building products opened a new location at 101 N. Robert C Lanier Drive in Baytown, Texas.
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Lowe’s 3Q Sales and Earnings Up
The company reported 2021 3Q net earnings of $1.9 billion and sales of $22.9 billion, according to the latest earnings announcement.
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Home Depot 3Q Sales Increase
The home improvement retailer reported 2021 3Q sales of $36.8 billion, an increase of $3.3 billion, or 9.8% from the same period last year.
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