Data: Construction Input Prices Expand 0.4% in February
Overall construction input prices are 2.6% higher than a year ago, reports Associated Builders and Contractors.
Data: Construction Input Prices Expand 0.4% in February Read More »
March 2023
Whelan Machine & Tool Acquired by Holding Firm Ajax Defense
Whelan has been acquired by Ajax Defense, a holding company that invests in small businesses in the aerospace and defense industries.
Whelan Machine & Tool Acquired by Holding Firm Ajax Defense Read More »
January U.S. Manufacturing Sales Tick Up, Inventory Dips
Manufacturers’ and trade inventories for January 2023 were down 0.1% from December 2022 — but up 11.1% from January 2022.
January U.S. Manufacturing Sales Tick Up, Inventory Dips Read More »
Hand Tools Maker Gray Tools Adds Warehouse Near Minneapolis
The strategic location will carry a large inventory from Gray Tools and its Dynamic line, and a selection of Grip-on branded products.
Hand Tools Maker Gray Tools Adds Warehouse Near Minneapolis Read More »
Reece Group Acquires HVAC Distributor Barsco in Texas
Barsco is a distributor of refrigeration and HVAC equipment, parts and supplies throughout 12 locations in Texas.
Reece Group Acquires HVAC Distributor Barsco in Texas Read More »
Stellar Industrial Named supplyFORCE’s ‘22 Member of the Year
This is the third time Stellar Industrial Supply has won the award; the company also was chosen in 2013 and 2016.
Stellar Industrial Named supplyFORCE’s ‘22 Member of the Year Read More »
ABC’s Construction Backlog Indicator Increases in February
Backlog continues to hover around highs not seen since the beginning of the COVID-19 pandemic.
ABC’s Construction Backlog Indicator Increases in February Read More »
Univar Solutions Going Private in $8.1B Deal
The transaction between the chemicals and food ingredients distributor and private equity firm Apollo is expected to close in the second half of 2023.
Univar Solutions Going Private in $8.1B Deal Read More »
Tires & Wheels Supplier OTR to Open Plant in Mexico
The company may add wheel-manufacturing capabilities, enhancing capacity for customers in Mexico and also the U.S. and Canada.
Tires & Wheels Supplier OTR to Open Plant in Mexico Read More »
HARDI, EGIA Partner to Strengthen Both Associations
The two sides said they will explore ways to enhance participation for their membership bases’ involvement in talent and training programs.
HARDI, EGIA Partner to Strengthen Both Associations Read More »
CPI Increased 0.4% in February as Food and Rent Costs Rose
Over the past 12 months, the all-items index has increased 6% before seasonal adjustment, according to the Bureau of Labor Statistics.
CPI Increased 0.4% in February as Food and Rent Costs Rose Read More »
Data: Factory Construction Spending up 58% Since Pandemic Started
The figure is significantly above the 6.6% increase in overall nonresidential spending, according to firm Marcum LLP.
Data: Factory Construction Spending up 58% Since Pandemic Started Read More »
Security and A/V Distributor Resideo Acquires BTX Technologies
BTX is the sixth acquisition since 2020 for Resideo’s Distribution business.
Security and A/V Distributor Resideo Acquires BTX Technologies Read More »
AD Aides with Philadelphia Food Insecurity Giving Back Event
AD presented representatives from Share Food Program and Sharing Excess with checks for $5,000 each, the company said.
AD Aides with Philadelphia Food Insecurity Giving Back Event Read More »
January Metalworking Machinery Orders Fall 17% Month-to-Month
The Association For Manufacturing Technology says that may actually be a good thing. Here’s why.
January Metalworking Machinery Orders Fall 17% Month-to-Month Read More »
Acme Tools Opens Twin Cities DC
The 115,888-square-foot distribution center is expected to increase Acme Tools’ online order processing capability.
Acme Tools Opens Twin Cities DC Read More »
Sonepar’s QED Opens Colorado Branch, 13th Overall
The 12,500-square-foot facility located in the town of Monument will stock commercial and residential products.
Sonepar’s QED Opens Colorado Branch, 13th Overall Read More »
March Wholesale Data: 2023 Outlook Dips, Inventory Trends Negative
Mike Hockett breaks down the latest U.S. Census Bureau’s wholesale trade data, covering revenue expectations and trends, inventory and more.
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March Wholesale Data: 2023 Outlook Dips, Inventory Trends Negative Read More »
Logistics Firms Cut 17K Jobs in February Amid eCommerce Slowdown
The layoffs came as the overall U.S. economy gained 311,000 jobs in February.
Logistics Firms Cut 17K Jobs in February Amid eCommerce Slowdown Read More »
QuickTake: Levers to Increase Enterprise Value
Dorn Group’s James Dorn and Tom Gale recap some of the key themes from MDM’s recent Distribution M&A Summit and outline the most pertinent areas of improvement for EBITDA margin, growth and value.
QuickTake: Levers to Increase Enterprise Value Read More »
