STAFDA Unveils New Logo
It marks the end of the iconic “Stan the STAFDA Man” logo that served as the face of the association since 1977, though the new look is fairly similar.
STAFDA Unveils New Logo Read More »
January 2023
November Cutting Tool Orders Up 20.8% Year-Over-Year
After reaching its highest total in three years in October, U.S. cutting tool consumption fell in November, but increased year-over-year.
November Cutting Tool Orders Up 20.8% Year-Over-Year Read More »
After 2 Years of Healthy M&A, What Can We Expect in 2023?
With slumping economic indicators and a forecasted demand slowdown, can we expect M&A deal volume to follow suit? Mike Hockett analyzes the current state of activity as we start 2023 and the factors involved.
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After 2 Years of Healthy M&A, What Can We Expect in 2023? Read More »
Welcome to Your New MDM Update Newsletter, Now with Premium
You may have noticed that today’s edition of our MDM Update looks a little different. Here’s why.
Welcome to Your New MDM Update Newsletter, Now with Premium Read More »
Winsupply President McKenzie to Retire Feb. 28
Under John McKenzie’s leadership, the number of local company entrepreneurs increased from 609 to 652, Winsupply said.
Winsupply President McKenzie to Retire Feb. 28 Read More »
Triad Technologies Acquires Illinois-Based Hose Distributor
The acquisition of Industrial Service Products expands Ohio-based Triad’s presence in Illinois.
Triad Technologies Acquires Illinois-Based Hose Distributor Read More »
Eaton Announces President Successions for Electrical, Vehicle Sectors
Mike Yelton will succeed Brian Brickhouse as President of Americas Region, Electrical Sector, and Pete Denk will succeed Joao Faria as President of the company’s Vehicle Group.
Eaton Announces President Successions for Electrical, Vehicle Sectors Read More »
Gustave A. Larson Joins Hajoca, Strengthening Both Distributors in HVAC
It follows Hajoca’s May 2022 launch of its HVAC unit and looks to significantly bolster the company’s offerings outside of plumbing, heating and industrial supplies.
Gustave A. Larson Joins Hajoca, Strengthening Both Distributors in HVAC Read More »
Stellar Industrial Opens New Jersey Warehouse and Branch Office
The company said the opening supports existing Northeast and Southeast branches, rapidly expanding its mid-Atlantic customer base.
Stellar Industrial Opens New Jersey Warehouse and Branch Office Read More »
ERIKS Acquires Canada-Based Fluid Power Supplier DeeTag
DeeTag is a manufacturer and distributor of hydraulic hose and fluid power connections.
ERIKS Acquires Canada-Based Fluid Power Supplier DeeTag Read More »
Belt Power Acquires Dunham Rubber & Belting in Indiana
Dunham provides lightweight belting products and services to customers across from three locations in Indiana.
Belt Power Acquires Dunham Rubber & Belting in Indiana Read More »
Logistics Software Provider Descartes Acquires Supply Vision
Descartes’ purchase includes potential performance-based consideration.
Logistics Software Provider Descartes Acquires Supply Vision Read More »
United Electric Supply Announces Exec Promotions, Retirements
The company announced the retirement of Bob Crawford, VP Operations & COO, along with Rich Stagliano, Senior Vice President of Finance & CFO.
United Electric Supply Announces Exec Promotions, Retirements Read More »
IT, as in Integral to Transformation
Successful digitalization requires a change agent. Here’s why distributors would be wise to give that role to their IT teams.
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IT, as in Integral to Transformation Read More »
Builders FirstSource Removes Interim Title from CEO Rush
Dave Rush had served as interim CEO since mid-November and is a 23-year company veteran.
Builders FirstSource Removes Interim Title from CEO Rush Read More »
MSC Acquires Ohio’s Buckeye Industrial Supply and Tru-Edge Grinding
They mark the fourth and fifth bolt-ons for MSC in a 19-month span.
MSC Acquires Ohio’s Buckeye Industrial Supply and Tru-Edge Grinding Read More »
2022 M&A Recap: Pace Tops Prior Year as COVID Shake-off Continues
Despite some still-lingering effects of the pandemic, M&A activity in 2022 surpassed similar numbers reported in 2021. Read more ahead of MDM’s Virtual M&A Summit next month.
2022 M&A Recap: Pace Tops Prior Year as COVID Shake-off Continues Read More »
Specialty Building Products to Acquire Midwest-Based Amerhart
The acquisition is expected to close in the first quarter of 2023.
Specialty Building Products to Acquire Midwest-Based Amerhart Read More »
November Factory Orders Fall More Than Expected
The drop in factory orders followed three consecutive monthly increases.
November Factory Orders Fall More Than Expected Read More »
CRC Industries Appoints New CEO
Mazzanti will focus on driving infrastructure capabilities to support CRC’s growth around chore product lines, the company said.
CRC Industries Appoints New CEO Read More »
