Healthy March for Metalworking Machinery Orders
March orders were up 16.5% over February 2023 orders and just under 2% below March 2022 orders, according to a new report.
Healthy March for Metalworking Machinery Orders Read More »
May 2023
Earnings Roundup: MRC, Beacon, DSG, Wajax & More
See the key financial figures reported by five major industrial distributors.
Earnings Roundup: MRC, Beacon, DSG, Wajax & More Read More »
AFC Industries Strikes Again, Acquires New Jersey’s Fastbolt
The fasteners distributor marks AFC’s fifth acquisition of 2023 and 10th since the company was privately acquired in April 2021.
AFC Industries Strikes Again, Acquires New Jersey’s Fastbolt Read More »
March Wholesaler Sales Down 2.9% YoY as Inventories Hold
Total inventories of merchant wholesalers were $918.5 billion, virtually unchanged from the revised February level.
March Wholesaler Sales Down 2.9% YoY as Inventories Hold Read More »
QuickTake: The Move from Gen-One to Gen-Two Distributor
With traditional (gen-one) distributors threatened by new competitors with radically different financial and go-to-market models, Mike Marks advises on how distributors can build a next-gen distributor.
QuickTake: The Move from Gen-One to Gen-Two Distributor Read More »
Premium Monthly: April Content Focus on Market Outlook, Sales Optimization
First-quarter 2023 Baird-MDM Survey results highlight Premium content for the month of April. Download and read the new report.
Premium Monthly: April Content Focus on Market Outlook, Sales Optimization Read More »
Curbell Plastics Launches New & Improved Website
The new site has been designed to offer a user-friendly experience with improved navigation and functionality, Curbell says.
Curbell Plastics Launches New & Improved Website Read More »
Regal Rexnord Sales Fell 5.7% in 1Q
Despite a sales decline in 1Q, Regal Rexnord CEO Louis Pinkham has high hopes for the manufacturer following its acquisition of Altra Industrial Motion.
Regal Rexnord Sales Fell 5.7% in 1Q Read More »
Northern Tool + Equipment Appoints Marketing Leader
Frank Crowson will be responsible for leading Northern Tool + Equipment’s initiatives involving brand awareness and revenue growth.
Northern Tool + Equipment Appoints Marketing Leader Read More »
Trelleborg Wheel Systems Joins Yokohama Rubber
The Yokohama Rubber Co., Ltd. has acquired Trelleborg Wheel Systems from the Trelleborg Group for roughly $2.28 billion USD.
Trelleborg Wheel Systems Joins Yokohama Rubber Read More »
Construction Jobs Among April Employment Gains
Non-farm payrolls rose by 253,000 jobs last month, including 15,000 in the construction industry, according to ABC.
Construction Jobs Among April Employment Gains Read More »
Owens & Minor 1Q Revenue Ticks Up as Operating Income Drops
The company reported 1Q 2023 revenue of approximately $2.52 billion, a slight increase compared with $2.4 billion reported in 1Q 2022.
Owens & Minor 1Q Revenue Ticks Up as Operating Income Drops Read More »
Sonepar USA Appoints New HR Leader
Reina Ohol has been promoted to Senior Vice President of Human Resources for Sonepar North America, the company said.
Sonepar USA Appoints New HR Leader Read More »
Prokeep Launches New Suite of CX Solutions for Distributors
The software solutions company says the suite will streamline workflow and create better customer experiences.
Prokeep Launches New Suite of CX Solutions for Distributors Read More »
US LBM Names New EVP/Chief Information Officer
Andrew Campbell will be responsible for all aspects of US LBM’s technology platform and systems, the company said.
US LBM Names New EVP/Chief Information Officer Read More »
DXP Acquires 2 Companies Serving Florida, Mid-Atlantic
Riordan Materials Corporation and Florida Valve & Equipment Corp. and Environmental MD serve municipal water and wastewater treatment markets.
DXP Acquires 2 Companies Serving Florida, Mid-Atlantic Read More »
IWDC, DDS Partner on eCommerce Offering
The duo aims to help IWDC distributors better serve their customers through access to digital product content from its network of manufacturers.
IWDC, DDS Partner on eCommerce Offering Read More »
ADI Global Distribution Posts Flat 1Q Revenue as Margin Dips
Parent company Resideo Technologies noted that ADI’s eCommerce channel grew 17% during the quarter.
ADI Global Distribution Posts Flat 1Q Revenue as Margin Dips Read More »
FleetPride Acquires Frame Service Inc. in Indiana
The acquisition is FleetPride’s first since the distributor appointed Kevin Weadick, formerly of Zoro, as its president.
FleetPride Acquires Frame Service Inc. in Indiana Read More »
NOW 1Q Revenue Jumped 23.5% from a Year Earlier
The oilfield products distributor’s 1Q growth far outpaced that of the global rig count, powered by sales in the U.S. and international.
NOW 1Q Revenue Jumped 23.5% from a Year Earlier Read More »
