Honeywell to Buy Compressor Company from Indicor for $670M
Honeywell has acquired Des Moines, Iowa-based Compressor Controls Corporation from Indicor.
Honeywell to Buy Compressor Company from Indicor for $670M Read More »
April 2023
Winsupply Names San Antonio Location Company of the Year
Winsupply recognizes its top performing companies in plumbing, HVAC, industrial, electrical, waterworks, pumps, turf irrigation and more.
Winsupply Names San Antonio Location Company of the Year Read More »
Sonepar Company Codale Electric Opens Idaho Location
Codale Electric, a Sonepar company, announced the opening of its new Nampa, Idaho, branch location.
Sonepar Company Codale Electric Opens Idaho Location Read More »
QuickTake: Category & Supplier Management Strategies
Customers experiencing price increase fatigue are looking for ways to reduce operational costs. James Dorn shares thoughts on how distributors can manage their manufacturer suppliers more strategically.
QuickTake: Category & Supplier Management Strategies Read More »
April M&A Roundup: Activity Ticks Up Again After March Dip
MDM reported on 40 acquisitions in April, nearly double the amount reported during a relatively slow period in March.
April M&A Roundup: Activity Ticks Up Again After March Dip Read More »
Amazon 1Q Sales Jump 9% to More than $127B
The earnings call comes two weeks after Amazon said its Business segment was driving $35 billion in annualized gross sales by end of 2022.
Amazon 1Q Sales Jump 9% to More than $127B Read More »
Advance Estimate: 1Q GDP Decelerates to 1.1% Growth
GDP growth decelerated in 1Q due to a downturn in private inventory investment and a slowdown in nonresidential fixed investment, according to the Bureau of Economic Analysis.
Advance Estimate: 1Q GDP Decelerates to 1.1% Growth Read More »
Earnings Roundup: Saint-Gobain, TriMas, Pentair, Schneider
MDM looks at another round of earnings reports from industrial distributors and manufacturers.
Earnings Roundup: Saint-Gobain, TriMas, Pentair, Schneider Read More »
Columbus McKinnon Acquires Automation Company montratec
Montratec designs and develops automation and transport systems for interlinking industrial production and logistics processes.
Columbus McKinnon Acquires Automation Company montratec Read More »
SKF Posts 15.7% Sales Growth in 1Q
The increase reflected organic sales growth of 10.1% for the Swedish bearings manufacturer.
SKF Posts 15.7% Sales Growth in 1Q Read More »
Make Procurement Strategic (Again)
Material resource planning has sufficed in distribution for decades, but it’s time to invest in technology that will further improve procurement strategies.
Make Procurement Strategic (Again) Read More »
Rockwell Automation Grew Sales 25.8% in Fiscal 2Q
The industrial automation manufacturer saw explosive sales growth in 2Q compared to 1Q.
Rockwell Automation Grew Sales 25.8% in Fiscal 2Q Read More »
Applied Industrial Fiscal 3Q Sales Jump 15% to $1.1B
The change includes a 0.7% increase from acquisitions, offset by a negative 0.3% impact from foreign currency translation.
Applied Industrial Fiscal 3Q Sales Jump 15% to $1.1B Read More »
Grainger Posts $4.1B in 1Q Sales
After a strong finish to 2022, Grainger maintained that momentum in 2023’s first quarter, according to its latest earnings report.
Grainger Posts $4.1B in 1Q Sales Read More »
ISA Launches Emerging Leaders Channel Certification
ISA has launched a new certification program aimed at developing “the next generation to lead.”
ISA Launches Emerging Leaders Channel Certification Read More »
Flexpak Acquires Southwest Utah Location
This acquisition establishes a new Flexpak branch location to distribute packaging supplies to a variety of customer end markets.
Flexpak Acquires Southwest Utah Location Read More »
Data: Distributors See Slightly Improved Staffing Amid Inconsistent Labor Market
Distribution executives commented on their current staffing situations in response to the Baird-MDM 1Q 2023 Distribution Survey.
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Data: Distributors See Slightly Improved Staffing Amid Inconsistent Labor Market Read More »
3M Appoints New Leader for 3 of 4 Business Units
The staffing changes come amid restructuring actions for 3M, including laying off 6,000 positions.
3M Appoints New Leader for 3 of 4 Business Units Read More »
1Q M&A: DSG’s Hisco Deal Ends Quarter With a Bang
Houlihan Lokey and MDM’s quarterly M&A report highlights merger and acquisition activity that occurred during the year’s first 3 months.
1Q M&A: DSG’s Hisco Deal Ends Quarter With a Bang Read More »
Amazon Business to Expand in Europe After Major Sales Gains
Amazon Business saw its gross sales grow in Europe during the COVID-19 pandemic.
Amazon Business to Expand in Europe After Major Sales Gains Read More »
