JELD-WEN’s Revenue Increases 7.5% in 2022
JELD-WEN’s revenue in its North America segment increased 15.2% in 2022.
JELD-WEN’s Revenue Increases 7.5% in 2022 Read More »
February 2023
McNaughton-McKay Announces Spring CEO Succession
Donald Slominski Jr., who has been with McNaughton-McKay since 1996, will step down from his CEO role at the end of March.
McNaughton-McKay Announces Spring CEO Succession Read More »
What Distributors Can Learn from How Meta Uses AI
Distributors aren’t looking to create an avatar in the metaverse, but they can ride the AI wave in other advantageous ways.
What Distributors Can Learn from How Meta Uses AI Read More »
Behind the Deal: Field Fastener’s Merger with Mid-State Bolt & Nut
MDM spoke with Field Fastener CEO Jim Derry to learn more about the company’s recent acquisition of Mid-State Bolt & Nut.
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Behind the Deal: Field Fastener’s Merger with Mid-State Bolt & Nut Read More »
World Distribution Services Opens Tacoma DC
The grand opening of its new 300,000-square-foot Tacoma warehouse and distribution center was held Feb. 1.
World Distribution Services Opens Tacoma DC Read More »
AD Launches Center for Independent Distributor Leadership
The program is designed to prepare the current and future leaders of independent distribution, according to AD’s announcement.
AD Launches Center for Independent Distributor Leadership Read More »
PPI Sees Biggest Increase Since June
Year-to-year food prices abated to 11.6%, which is historically high but also the lowest annual increase since October 2021.
PPI Sees Biggest Increase Since June Read More »
Digi-Key Leads Distributors on Forbes’ Best Employers Lists
A half-dozen distributors made Forbes’ 2023 lists for Best Midsize and Large Employers, including a few on MDM’s Top Distributors lists.
Digi-Key Leads Distributors on Forbes’ Best Employers Lists Read More »
Earnings Roundup: Pool Corp, US Foods and MSA Safety
MDM looks at another round of earnings reports from industrial distributors and manufacturers.
Earnings Roundup: Pool Corp, US Foods and MSA Safety Read More »
Schaedler Yesco Completes Acquisition of YESCO Electrical
Schaedler Yesco now operates a total of 27 locations following the acquisition.
Schaedler Yesco Completes Acquisition of YESCO Electrical Read More »
Seco Tools Acquires Premier Machine Tools in Ireland
With the acquisition, Seco says it will increase its presence in the medical segment offering integrated manufacturing solutions.
Seco Tools Acquires Premier Machine Tools in Ireland Read More »
Linking Cost to Serve to Your Incentive Program
Lincoln Smith discusses how incentive programs can help lower your cost to serve amid a nationwide labor shortage.
Linking Cost to Serve to Your Incentive Program Read More »
Rexel’s 4Q North America Sales Up 10.2% YoY
Rexel’s full-year sales benefited from the company’s acquisitions of Mayer and Horizon Solutions.
Rexel’s 4Q North America Sales Up 10.2% YoY Read More »
Solve Industrial Motion Acquires SPB-USA in Florida
FSPB-USA offers EZO high precision miniature, thin section and radial ball bearings used in a wide variety of applications.
Solve Industrial Motion Acquires SPB-USA in Florida Read More »
U.S. Cutting Tool Orders Increased 10.8% in 2022
December 2022 cutting tool consumption totaled $188.4 million, according to the U.S. Cutting Tool Institute and The Association For Manufacturing Technology.
U.S. Cutting Tool Orders Increased 10.8% in 2022 Read More »
Turtle & Hughes Expands in Texas with New Austin Hub
The 40,000-square-foot facility is designed to deliver energy-efficient solutions to the region’s ‘thriving’ technology sector.
Turtle & Hughes Expands in Texas with New Austin Hub Read More »
NOW Inc. Reports $547 Million in 4Q Revenue
For all of 2022, the company reported $2.13 billion in revenue, according to NOW Inc.’s 4Q 2022 earnings announcement.
NOW Inc. Reports $547 Million in 4Q Revenue Read More »
Watsco Reports Record $7.27B Sales in 2022
Watsco’s impressive fourth quarter followed a record-breaking third quarter.
Watsco Reports Record $7.27B Sales in 2022 Read More »
Royal Supply & Specialty Bearings Leader Launches 6S Safety
The company will distribute safety products and services to all industry segments, according to President Don Chargin.
Royal Supply & Specialty Bearings Leader Launches 6S Safety Read More »
Twists & Turns Define 2023 Distribution M&A Landscape
Deal activity outpaces most expectations, but valuations and market dynamics have shifted dramatically from the previous two years of a hot seller’s market environment. Here are some key themes emerging for the year ahead for buyers and sellers alike.
Twists & Turns Define 2023 Distribution M&A Landscape Read More »
