The increase in real GDP in 2Q reflected increases in personal consumption expenditures (PCE), nonresidential fixed investment, exports, and state and local government spending, according to the Bureau of Economic Analysis.
BEA: Real U.S. GDP Increases 6.5% in 2Q Read More »
The deal will expand the services and product offerings for Fischer Process Industries, an Ohio-based pumps, valves, and process equipment distributor.
Fischer Process Industries Acquires H. E. Danby Read More »
For the first six months of 2021, United Rentals posted a total of $4.43 billion in revenue compared to $4.06 billion over the same timeframe in last year.
United Rentals’ 2Q Sales Up 18% Read More »
Should Amazon Business hit $100 billion or more in the next few years, it would be a ‘flashing danger sign’ for independent distributors, say Applico’s Nick Johnson and Alex Moazed. The alternative, they tell MDM in this week’s podcast, would be if distributors invest in other marketplaces.
Does the Future of Independent Distribution Depend on B2B Marketplaces? Read More »
With residential construction continuing to boom in this year, Wynnchurch is getting into the construction game via Trimlite’s door products.
Wynnchurch Capital Buys Trimlite Read More »
The U.S. Census Bureau said on Wednesday that wholesale inventories in June were up 10.2% from the same month a year ago.
U.S. Census Bureau: Wholesale Inventories Up Slightly in June Read More »
Gerhard starts his new job in August and will join Specialty Building Products’ executive leadership team.
Specialty Building Products Appoints Gerhard as EVP Read More »
Here are some tips on how to tap into the coming trillion-dollar — yes, trillion with a “t” — infrastructure spending program.
Infrastructure – The Revenue Opportunity is Coming Read More »
Crane’s process flow technologies segment sales increased 29.8% to $310.7 million in the quarter.
Crane’s Sales Grow 23.6% in 2Q Read More »
Industrial and flow technologies sales at Pentair were up 17% compared to sales for the same period last year.
Pentair 2Q Sales Up 31.9% Read More »
Livers, who has been with Sonepar since 2017, will lead the company’s subsidiary that serves customers in Florida and Georgia.
Sonepar USA Appoints Tammy Livers to President of World Electric Read More »
Manufactured durable goods, up 13 of the last 14 months, followed a 3.2% May increase.
Advance Report: New Orders for Durable Goods Up 0.8% in June Read More »
All divisions at the company posted a strong quarter, with safety and industrial sales growing 22.4% in the period.
3M’s Sales Up 24.7% in 2Q Read More »
The HVACR distributor is on the hunt for businesses to buy, and on its latest earnings call, the CEO outlined why the company would be a good partner for anyone looking to sell.
Watsco CEO to Independent Distributors: ‘This is a Time to Sell’ Read More »
The plumbing distributor has opened its largest location in the area; the new store will also offer fire protection fabrication services.
F.W. Webb Strengthens Presence on Long Island Read More »
Hal Grossman is being promoted to president on Aug. 1 and longtime COO Kevin Rahrig will retire on Dec. 24.
Nichols Announces Leadership Changes Read More »
The transaction, announced earlier this month, “supports L&W Supply’s overall growth strategy,” according to the company’s president.
L&W Supply Finalizes Deal to Acquire Builders FirstSource’s Eastern Gypsum Assets Read More »
RBC is paying $2.9 billion to acquire the international manufacturer of highly engineered precision bearings and components for the industrial, defense and aerospace industries.
RBC Bearings to Acquire ABB’s Dodge Mechanical Power Transmission Business Read More »
Company’s profit for the second quarter also spiked, growing 31.7% to $99.3 million.
Carlisle Cos. Sales Increase 22% in 2Q Read More »
The manufacturer reported a strong second quarter, as profit almost doubled to $1.7 billion.
Danaher Sales Grow 36.5% in 2Q Read More »
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