Wholesale Prices Rose 9.7% in 2021
The Producer Price Index for final demand increased 0.2% in December, the U.S. Bureau of Labor Statistics reported.
Wholesale Prices Rose 9.7% in 2021 Read More »
January 2022
Graybar CFO to Retire
The St. Louis-based electrical, communications and data networking distributor said SVP and CFO Scott Clifford will retire in June.
Graybar CFO to Retire Read More »
5 Ways Distributors Can Make Warehouse Jobs More Attractive
The profession needs a makeover, but that starts with distributors rethinking the way they do business in the warehouse.
5 Ways Distributors Can Make Warehouse Jobs More Attractive Read More »
Stellar Industrial Supply Acquires JLM
The Tacoma, Washington-based MRO distributor says it has reached a deal to acquire supply firm JLM Industrial Supply.
Stellar Industrial Supply Acquires JLM Read More »
Ferguson CEO: Supply Chain Worries, Labor Issues Still Loom Over Industry in 2022
While supply issues have eased in some areas, a shortage of incoming talent in the U.S. and fears of COVID variants are forcing distributors to keep adapting.
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Ferguson CEO: Supply Chain Worries, Labor Issues Still Loom Over Industry in 2022 Read More »
Wynnchurch Sells Controlling Interest in Rosboro
The middle-market private equity firm sold its majority interest in Rosboro Holdings, Inc. to One Equity Partners.
Wynnchurch Sells Controlling Interest in Rosboro Read More »
BlackHawk Industrial Acquires Pinnacle
The Oklahoma-based distributor of metalworking and mission critical industrial products says it acquired the Ohio-based supply company.
BlackHawk Industrial Acquires Pinnacle Read More »
Want to Enhance Your Website? Think Like a Content Storyteller
Shift7 Digital CEO Andrew Walker explains why the “product, product, product” mentality won’t take your distribution website to the next level.
Want to Enhance Your Website? Think Like a Content Storyteller Read More »
Thanks, Elizabeth! Best of Luck!
Today’s podcast and summary in this edition of MDM Update is Elizabeth Galentine’s last contribution for MDM. We’re sorry to see her go but excited for the next opportunity she is pursuing. Elizabeth has been MDM’s editor-in-chief for four years and has guided our content through very disruptive times. (She banned the team’s use of “unprecedented” to describe events of 2020.) That’s just one example of her thoughtful approach to cutting through noise and jargon — one of the hallmarks of our coverage of this industry since 1967. The team at MDM will miss her, and we wish her the best in her next venture!
Thanks, Elizabeth! Best of Luck! Read More »
Manufacturing Orders Jump 14% in November
Orders surpassed $650 million during the month, according to the latest U.S. Manufacturing Technology Orders Report.
Manufacturing Orders Jump 14% in November Read More »
NEFCO Finalizes Russell Supply Acquisition
The construction supply company says it completed a deal to acquire the Vermont-based supplier, which also serves New York and New Hampshire.
NEFCO Finalizes Russell Supply Acquisition Read More »
PTDA Adds 2 New Members
PTDA welcomed an industrial chain and manufacturing-solution company and a provider of torque limiters, shaft couplings and safety brakes.
PTDA Adds 2 New Members Read More »
Hillman to Open Another Georgia Facility
The Cincinnati-based supplier of complete hardware solutions is building a 450,000-square-foot facility in the city of Shannon.
Hillman to Open Another Georgia Facility Read More »
Owens & Minor to Acquire Apria for $1.45B
The global health care solutions company says it will acquire Apria for $37.50 in cash per share of common stock.
Owens & Minor to Acquire Apria for $1.45B Read More »
Growth Hinges on People: How to Become a Talent Magnet
The pandemic and subsequent economic swings have created intense competition for talent, and the labor market is going to get even tighter.
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Growth Hinges on People: How to Become a Talent Magnet Read More »
Look Beyond Tech When Evaluating AI/Analytics for Sales & Marketing
If it doesn’t help your sales team’s workflow or isn’t relevant to your business, it’s not for you, says Benj Cohen, founder of Proton.ai.
Look Beyond Tech When Evaluating AI/Analytics for Sales & Marketing Read More »
FDI ‘Moderately Decelerated’ in December
The seasonally adjusted Fastener Distributor Index of 56.2, was driven primarily by a lower employment index.
FDI ‘Moderately Decelerated’ in December Read More »
Nonresidential Construction Employment Rose in December
The industry added 22,000 net jobs in December, and the industry has recovered slightly more than 1 million of the jobs lost in 2020.
Nonresidential Construction Employment Rose in December Read More »
Motion & Control Acquires RSA
MCE netted four acquisitions in 2021 after reaching deals to acquire RSA, Inc. and Global Controls, Inc., collectively known as RSA.
Motion & Control Acquires RSA Read More »
JGB Enterprises Acquires All-Serv
JGB Enterprises, Inc. backed by HCI Equity Partners, announced it has acquired Louisiana-based hose supplier All-Serv Industrial, LLC.
JGB Enterprises Acquires All-Serv Read More »
