Global Industrial 3Q Sales Down
Third-quarter sales were $277.4 million and net income was $23.2 million, both down from 2020 3Q, but 9-month earnings are ahead of last year.
Global Industrial 3Q Sales Down Read More »
2021
SiteOne Sales Up 25%
SiteOne Landscape Supply Inc. reported 2021 3Q sales of $936.4 million, a 25% increase over the same period last year.
SiteOne Sales Up 25% Read More »
Growth Firm Invests in Parts Town
Los Angeles-based firm Leonard Green & Partners, L.P. joins Berkshire Partners as investors in distributor of OEM foodservice equipment parts.
Growth Firm Invests in Parts Town Read More »
Graybar Acquires Steven Engineering
Electrical, communications and data networking distributor completes deal to acquire Bay Area-based Steven Engineering.
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October M&A Roundup: Blockbuster Electrical Deal Highlights Busy Month
Rexel’s $456 million acquisition of Mayer Electric was just one of the notable transactions to reshape distribution last month.
October M&A Roundup: Blockbuster Electrical Deal Highlights Busy Month Read More »
Kennametal 1Q Sales Jump
Pittsburgh-based Kennametal Inc. had fiscal 2022 first-quarter sales of $484 million, a 21% increase over the same period the prior year.
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BradyIFS Acquires Millennium
Distributor of foodservice disposables and janitorial and sanitation products has acquired Millennium Packaging & Distribution.
BradyIFS Acquires Millennium Read More »
Skip DeVilling to Retire
DeVilling & Associates, LLC says industry veteran will retire Dec. 1 after 55 years working in the industrial supply sector.
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US LBM Acquires Arrowhead
Building materials distributor says agreement with Arrowhead Stairs & Trim expands specialty offerings in the Dallas-Ft. Worth area.
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Grainger Adding 100 Jobs
Distributor says it will expand customer service capabilities by adding approximately 100 new jobs to its Lake County, Illinois, headquarters.
Grainger Adding 100 Jobs Read More »
Beacon Acquires Midway
Roofing material and building products distributor says acquisition will strengthen its presence in Midwest markets.
Beacon Acquires Midway Read More »
Imperial Dade Acquires Nichols
Distributor of food service packaging and janitorial supplies marks its 43rd acquisition under its current leadership.
Imperial Dade Acquires Nichols Read More »
Summit Opens New Service Center
Summit Electric Supply’s new 6,500-square-foot Service Center in Richardson, Texas, features a will-call desk for phone and online orders.
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Rexel USA CEO on Years-in-the-Making Acquisition of Mayer Electric
Rexel USA CEO Jeff Baker shares details behind Rexel’s acquisition of Mayer Electric and plans for continued growth.
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ISM: Manufacturing Sector Grows in October
The October Manufacturing PMI registered 60.8%, a decrease of 0.3 percentage point from the September reading of 61.1%
ISM: Manufacturing Sector Grows in October Read More »
AD Sales Increase 34%
Industrial products wholesale buying group says sales in the first 9 months were $44 billion, an increase of 34% across its 13 divisions.
AD Sales Increase 34% Read More »
Why Key Account Programs Need Constant Measurement
Key account programs need constant measurement and engagement to avoid taking revenue-generating resources from other growth initiatives.
Why Key Account Programs Need Constant Measurement Read More »
Heritage Landscape Acquires Wirtz
Landscape distributor acquires family-owned distributor of bulk materials, hardscapes, natural stone, landscape lighting and other products.
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US LBM Acquires BuilderUp
Building materials distributor says acquisition will help it expand throughout Maryland, Northern Virginia and the Washington, D.C. area.
US LBM Acquires BuilderUp Read More »
Grainger Sales Jump 11.7%
Industrial distributor’s 2021 3Q sales were $3.4 billion, while the company posted operating earnings of $438 million.
Grainger Sales Jump 11.7% Read More »
