Vanguard is Pye-Barker’s third acquisition of 2023 after the safety products distributor made 23 bolt-ons in 2022.
Pye-Barker Enters Michigan, Acquires Vanguard Fire & Security Read More »
While down somewhat from its 4Q22 figures, Wesco posted more double-digit sales growth in 1Q despite harsh market headwinds.
Wesco International’s Strong Growth Continued in 1Q Read More »
See MDM’s latest research into the utilization of data analytics in distribution — including barriers, frequency, application areas, prioritization, planned investment & more.
The State of Data Analytics in Distribution Read More »
Jon Byrd advises on the costs of various challenges standing in the way of distributors’ inventory strategies, and how to overcome them.
The Cost of Poor Inventory Management Read More »
The industrial tools manufacturer also announced a new leader for its Tools & Outdoor segment.
Stanley B&D 1Q Sales Fall 12% on Lower Volume Read More »
Among the new locations are three in Texas, two in Tennessee, one in Puerto Rico and several across the Midwest.
City Electric Supply Opened 13 New Branches in 1Q Read More »
The company’s year-over-year daily sales growth accelerated after several months of decline, powered by sales to manufacturing customers.
Fastenal April Daily Sales Up Despite Weak Nonres Construction Read More »
To lead the team, Relevant has appointed Steve Bernard as Vice President of Business Development.
Relevant Industrial Expands Valves Team Read More »
MDM looks at another round of earnings reports from industrial distributors and manufacturers.
Earnings Roundup: Avnet, Timken, MSA Safety, ITW, BlueLinx Read More »
On a seasonally adjusted annualized basis, nonresidential spending totaled $997.1 billion for the month, according to ABC.
March NonRes Construction Spending Up 0.7% Read More »
The decline in sales was primarily driven by a weak housing market that has plagued the building materials and construction industries for the past year.
Builders FirstSource 1Q Sales Decline 31.6% Read More »
The central bank lifted rates by a quarter of a percentage point but indicated it may pause further increases.
Fed Enacts Another Quarter-Point Rate Hike Read More »
The distributor of rubber sealing products, O-rings, gaskets and associated technical products marks AFC’s fourth acquisition in 2023.
AFC Industries Acquires Rubber Sealing Distributor EAP Int’l Read More »
The acquisition is expected to close in 2023’s third quarter.
DuPont to Acquire Spectrum Plastics for $1.75B Read More »
The deal will increase Singer Industrial’s North American presence to roughly 85-plus locations with over 1,000 employees.
Singer Industrial Acquires Hotsy Industrial Systems Read More »
Smulski and Hill both have previous experience as sales leaders with Danfoss.
Danfoss Power Solutions Names 2 New Executives Read More »
The construction industry had 341,000 job openings in March, according to an Associated Builders and Contractors analysis of federal data.
ABC: Construction Job Openings Dropped by 63K in March Read More »
Daikin Applied’s regional service operations will combine with the Carroll Air Systems service team, according to a news release.
Daikin Applied Acquires Carroll Air Systems Read More »
The new campus, located in Long Beach, includes an 1,800-square-foot showroom and a 20,000-square-foot warehouse.
Encore Gas & Supply Opens New SoCal HQ Read More »
The company reported 1Q 2023 gross profit of $98.4 million, down from the $107.8 million reported during the same quarter in 2022.
Global Industrial 1Q Sales Drop 5% YoY Read More »
By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.
Wholesale distribution news and trends delivered right to your inbox.
Sign-up for our free newsletter and get:
