MCE makes second acquisition this month with the addition of the Plymouth, Minnesota-based distributor of process instrumentation, flow control valves, actuators and related equipment.
Motion & Control Enterprises Acquires Swanson Flo Control Read More »
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Jan. 25 to Jan. 29 increased 6.4%, continuing a normal growth trend.
Pandemic Revenue Index Up 6.4% Read More »
“Disappointing” was how one analyst described the industrial distributor’s gross margin performance (down 290bps) in the period, but such a plunge was all too familiar for many companies in these pandemic-plagued times.
What Happened to Grainger’s Margins in 4Q? Read More »
The seasonally adjusted Fastener Distributor Index (FDI) for January was 57.7, down from 62.6 in December.
Fastener Distributor Index Dips in January Read More »
Industrial distributor Grainger says its fourth-quarter sales were up 3.3% as the company continued to deal with the “challenges and uncertainty” of COVID-19.
Grainger’s 2020 Sales Up 2.7% Read More »
Shares of the global plumbing giant will be listed in the U.S. and traded under the ticker symbol “FERG.”
Ferguson to Be Listed on NYSE Read More »
Home improvement B2C and B2B giant has opened 1.5 million-square-foot distribution center in the Dallas-Fort Worth metro area
The Home Depot Opens Massive DC in Dallas Read More »
In a C-suite shakeup that will happen in the third quarter, Amazon’s founder will step aside to allow Andy Jassy to become CEO.
Jeff Bezos to Step Down as Amazon CEO, Transition to Executive Chair Read More »
The transaction partially fulfills WESCO’s commitment to divest its legacy Canadian Utility and Datacom businesses in connection with Canadian law.
WESCO Sells Canadian Utility Business to Rexel Read More »
Specialty building materials distributor expands presence in the Minneapolis-St. Paul area.
US LBM Acquires Villaume Industries Read More »
Jared Lukert and Eric Eddleman appointed to key leadership positions in the electrical distributor’s Houston branch.
Crawford Adds New Leadership in Texas Gulf Coast Read More »
Buying group also reports that in 2020 member net distributions increased 1% while supplier purchases declined 1%.
AD’s 2020 Member Sales Down 3% Read More »
“Make sure you’re making acquisitions — now,” Alan Beaulieu told distributors at last week’s NAW Digital Summit. See why he says companies have the green light to grow.
‘Go, Go, Go’: How to Build Your Business in Today’s Economy Read More »
Association also reports that the average annual sales growth for the 12 months through December 2020 for HARDI distributors is 4.1%.
HARDI Distributors Report 21.4% Revenue Increase in December Read More »
Despite the pandemic, construction spending for 2020 wound up at $1,429.7 billion, up 4.7% from 2019.
December Construction Spending Up 5.7% Year-Over-Year Read More »
The January PMI registered 58.7%, down 1.8% from the December reading of 60.5% but still marking an eighth consecutive month of expansion.
Manufacturing Sector Improves in January Read More »
In a deal valued at $2.8 billion, Eaton is investing heavily to expand its Aerospace business’s fuel and environmental systems offerings.
Eaton to Acquire Cobham Mission Systems Read More »
The company said this acquisition “fits strategically with the company’s portfolio of air compression technologies and operates under the trade names MD Pneumatics and Kinney Vacuum Pumps.”
Ingersoll Rand Completes Acquisition of Tuthill Vacuum and Blower Systems Read More »
The company announced in January it was selling the division to the private equity firm Clayton, Dubilier and Rice for £308 million (US$417.5 million).
Ferguson Completes Disposal of Wolseley UK Read More »
“Companies don’t transform, leaders do,” said Peter Sheahan in his keynote to kick off NAW’s Digital Summit. We recap his playbook for how distribution execs can drive transformation within themselves — and their businesses.
The Role of Leadership in Business Transformation (Hint: It’s Everything) Read More »
By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.
Wholesale distribution news and trends delivered right to your inbox.
Sign-up for our free newsletter and get:
