June 22 marked the 2-year anniversary of Wesco’s landmark acquisition of Anixter International, which continues to drive major sales gains.
Wesco 2Q Sales Remain Robust as Backlog Soars 80% Read More »
Large distributors have voiced considerable optimism amid all the economic concern. Do smaller firms feel the same way?
Are Smaller Distributors Seeing Recession Signs Yet? Read More »
Questions about economic concerns, distribution inventory management and the future of hybrid work were among topics covered in MDM’s July 2022 Premium Monthly, now available for download.
Premium Monthly: Economy Takes Center Stage in July Read More »
The OEM foodservice equipment parts distributor said its Parts in Town marketplace has now scaled to nearly 10,000 orders per month.
Parts Town Makes San Antonio Acquisition, Partners with Uber for Delivery Read More »
A 3-alarm fire late Monday night destroyed the Commerce City, California, warehouse of Western Hose & Gasket, a WestFlex company.
Fire Destroys Warehouse of SoCal Distributor Western Hose & Gasket Read More »
The acqusitions help position Graybar as a leading automation and control distributor alongside its core electrical products offering.
Graybar Adds 2 Automation Distributors in New England Read More »
The metalworking and MRO supplies distributor is suddenly on an acquisition streak.
MSC Acquires Tower Fasteners; 3rd Deal in 14 Months Read More »
Sandvik’s recently-added GWS Tool Group has acquired Balax, Inc. as an addition to the conglomerate’s Walter division.
Sandvik Bolsters Tooling Unit, Acquires Taps Maker Balax in WI Read More »
The company said it has accepted the resignation of current Chief Financial Officer Kenneth Krause, effective Aug. 26.
MSA Safety Begins New CFO Search Read More »
SBP had acquired two distributors since selling off Bishop Lifting Products early this year.
SBP Holdings Acquires Fluid Power Distributor in Boise Read More »
As evidenced by the latest round of quarterly earnings reports, some industrial distributors and manufacturers still see year-to-year growth.
Earnings Roundup: Global Industrial, Kennametal, CAT, AMETEK, Schneider Read More »
France-based electrial supplies giant Rexel said 2022 first-half U.S. performance was sustained by growth in all three of its end markets, especially in industrial.
Mayer Addition Helps Rexel’s 2Q North American Sales Jump 63% Read More »
We all know the distribution sector is highly fragmented, but to what extent? A chat with McKinsey partners Alex Abdelnour and Kevin Sachs dives into the state of fragmentation within various markets and the factors that separate leading distributors from laggards.
Distribution Fragmentation isn’t Just Sector-Wide, it’s Within Each Market Read More »
It’s the third acquisition for Winsupply announced this year, and comes alongside news that it will start drone deliveries on Aug. 9.
Winsupply Expands in Texas, Acquires First Source Electrical Read More »
Core organic sales comprised half of the distributors’ 24% sales growth year-over-year.
Acquisitions, Pricing Power Major 2Q Growth at Builders FirstSource Read More »
Downward pressure on nonresidential spending is likely to only intensify, and the situation looks even worse when adjusting for inflation.
June Nonres Construction Spending Down 0.5% from May Read More »
Heating, Air-conditioning & Refrigeration Distributors International released its monthly TRENDS report reflecting the month of June.
HARDI June Revenues Increase 17.9% Read More »
Deco Truss is primarily a manufacturer and supplier of structural roof and floor trusses to customers in South Florida and the Caribbean.
US LBM Acquires Deco Truss Read More »
DSG has acquired Brown Supply Company, adding four locations in the Hawkeye State.
Dakota Supply Group Acquires Iowa Waterworks Supplier Read More »
It was the slowest expansion since June 2020 as prices took a major month-to-month decline while employment posted improvement.
Manufacturing PMI Falls to 25-Month Low Read More »
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