The new Michigan site is the fifth facility RK has added to its network in the past 18 months, and its first outside of California.
3PL Provider RK Logistics Opens Midwest Hub in Michigan Read More »
Chairman and CEO Bill Hammond is retiring from his role as CEO after a 45-year career at HPS.
Hammond Power Solutions Announces CEO Succession Plan Read More »
The financials included results for Varis, the company’s new B2B marketplace launched during 2022’s fourth quarter.
Distribution Unit Powers Modest 4Q Sales Gains at ODP Corp. Read More »
That included $430 million in revenue from Lawson Products, up 15.6% vs. 2021.
Distribution Solutions Group Totals $1.27B in 2022 Revenue Read More »
AMETEK also recently appointed a new VP of Strategic Procurement and a new VP of Operational Excellence in November.
AMETEK Appoints MRO Division Leader Read More »
The company’s income from operations for 2022 increased nearly 60% over the previous year, Graybar announced.
Graybar Passed $10B in 2022 Net Sales Read More »
The New York Federal Reserve’s monthly Global Supply Chain Pressure Index fell to a negative mark in February for the first time since August 2019.
Supply Chains Pressures Have ‘Returned to Normal,’ NY Fed Says Read More »
The in-person event on June 13 also will feature networking opportunities, a supplier fair and educational breakout sessions, Lowe’s says.
Lowe’s Brings Back ‘Product Pitch’ for Potential Suppliers Read More »
It’s the company’s first announced acquisition since making a deal to acquire Orange Line Oil Company in June 2022.
RelaDyne Acquires Lubricants & Fuel Distributor in Guatemala Read More »
The retailer says the strategy will help it distribute its inventory more efficiently, according to a Wall Street Journal report.
Report: Lowe’s Opening Import DCs to Store Offseason Goods Read More »
Noelle J. Oas will oversee benefits, insurance, payroll, diversity and compliance, and the Fastenal School of Business.
Fastenal Appoints New Human Resources Leader Read More »
The companies plan to launch an initial set of combined data service offerings to the market beginning early second quarter 2023.
Trimble & DDS Partner to Provide Construction Product Data Read More »
Mike Hockett analyzes value-creation advice for acquisition-interested distributors shared in an MDM M&A Summit session.
Don’t Break ‘The Mothership’: 3 Keys to a Successful Build-Buy-Invest Strategy Read More »
Nickels is the second addition to Tompkins’ leadership team this year.
Tompkins Solutions Adds New Operations Leader Read More »
For all of 2022, revenue was $503 million an increase of 25% over 2021, Allied said in its recent earnings announcement.
Aerospace Powers Allied Motion’s 35% 4Q Revenue Jump Read More »
PTB Group joins Precision Aviation Group’s engine services division.
Precision Aviation Group Acquires MRO Services Provider PTB Read More »
Exports dropped for a 4th straight month amidst continued weakness in foreign demand, according to China’s General Administration of Customs.
China Exports Continue Slump in Jan-Feb Read More »
The incident “may have impacted personal information and protected health information belonging to certain individuals,” the company said.
Saw Blades Maker M. K. Morse Hit by Ransomware Attack Read More »
As Mike Hockett looks forward to another busy spring travel season, get a rundown of the in-person events on MDM’s radar over the next few months.
MDM’s Spring 2023 Industry Events Preview Read More »
Fourth quarter revenue in Wajax’s Industrial Parts segment rose 26.9% year-over-year.
Hitachi Partnership Propels Wajax to Record Revenue in 2022 Read More »
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