MRC Global 1Q Sales Increase 22%
The distributor reported 2022 first-quarter gross profit of $136 million, compared to $103 million during the same quarter in 2021.
MRC Global 1Q Sales Increase 22% Read More »
May 2022
What Distributors Are Saying About the Labor Situation
We share new comments from numerous distributors regarding how the “Great Resignation” and turbulent labor market have impacted their staffing.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
What Distributors Are Saying About the Labor Situation Read More »
Optimas Appoints Chief Information Officer
Paul Schorr brings 35 years of information technology leadership experience to the fasteners manufacturer/distributor.
Optimas Appoints Chief Information Officer Read More »
Curbell Plastics Relocates Chicago Area Facility to Southeast Wisconsin
The company says the new Pleasant Prairie location has twice the warehouse space and better access to major expressways.
Curbell Plastics Relocates Chicago Area Facility to Southeast Wisconsin Read More »
Border States Changes Logo to Help Solidify Name
The electrical and industrial supplies distributor acknowledged that its official name has been somewhat ambiguous over the past decade.
Border States Changes Logo to Help Solidify Name Read More »
Does Your CRM Really Help You Manage Customer Relationships?
Distributors may be missing out on a CRM system’s untapped potential: nurturing customer relationships to drive sales growth.
Does Your CRM Really Help You Manage Customer Relationships? Read More »
Fluor ‘Great Start’ Brings $3.1B in 1Q Revenue
The company says 2022 first-quarter revenue was $3.1 billion and net income from continuing operations attributable to Fluor was $48 million.
Fluor ‘Great Start’ Brings $3.1B in 1Q Revenue Read More »
Arrow Names New CEO, Posts ‘Record’ Earnings
The Colorado-based company named Sean J. Kerins president and CEO and posted 1Q sales of more than $9 billion.
Arrow Names New CEO, Posts ‘Record’ Earnings Read More »
Graybar Names New Seattle District VP
The distributor says Steven Breeden has been named district vice president for the company’s Seattle District effective July 1.
Graybar Names New Seattle District VP Read More »
Wajax 1Q Revenue Jumps 13.5%
The industrial distributor reported 2022 first-quarter revenue of $439.5 million, up from $387.1 million in 1Q 2021.
Wajax 1Q Revenue Jumps 13.5% Read More »
Wesco 1Q Sales Up 22% to $4.9B
The Pittsburgh, Pennsylvania-based company record first-quarter net sales of $4.9 billion, up 22% from 1Q 2021.
Wesco 1Q Sales Up 22% to $4.9B Read More »
NOW Inc. Nets $473M in 1Q Revenue
The Texas-based supplier also reported that 1Q 2022 net income was $30 million.
NOW Inc. Nets $473M in 1Q Revenue Read More »
With Merger Complete, Lawson Products Rebrands as Distribution Solutions Group
It comes a month after a merger between Lawson, TestEquity and Gexpro Services and a week after Lawson reported strong 1Q earnings.
With Merger Complete, Lawson Products Rebrands as Distribution Solutions Group Read More »
Imperial Dade Gains Investment Fuel for Further Expansion
Packaging and janitorial supplies distributor Imperial Dade has rapidly grown in recent years with acquisitions, and it just gained further major investment to do more of it.
Imperial Dade Gains Investment Fuel for Further Expansion Read More »
Fastenal April Sales Increase 14.8%
For the month, the distributor reported net sales of $570.76 million, up from more than $497 million in April 2021.
Fastenal April Sales Increase 14.8% Read More »
Parts Town Yearly Revenue Reaches $1B
The growing distributor says revenue increased 33% in 2021, and it expects to top that this year.
Parts Town Yearly Revenue Reaches $1B Read More »
DXP Acquires Cisco Air Systems
DXP Enterprises, Inc. says the deal adds scale and complements the company’s previous air compressor acquisitions.
DXP Acquires Cisco Air Systems Read More »
TricorBraun Appoints New CFO, Europe President
The global packaging company has named Scott Beamer chief financial officer and Declan McCarthy president of TricorBraun Europe.
TricorBraun Appoints New CFO, Europe President Read More »
GPC Declares Quarterly Dividend
The company’s board of directors declared a regular quarterly cash dividend of $0.895 per share on common stock.
GPC Declares Quarterly Dividend Read More »
Kennametal Fiscal 3Q Sales Top $500M
Pittsburgh-based Kennametal Inc. reported that fiscal 2022 third-quarter sales rose 6% year-over-year.
Kennametal Fiscal 3Q Sales Top $500M Read More »
