IDCO Adds Midway Industrial Supply as New Member
Midway brands itself as the Mid-Atlantic’s largest independent distributor of power transmission products and industrial supplies.
IDCO Adds Midway Industrial Supply as New Member Read More »
2023
BlackHawk Acquires Advanced Industrial Supply in Idaho
The acquisition of Advanced Industrial Supply is part of a flurry of acquisition activity in recent years to expand into new categories.
BlackHawk Acquires Advanced Industrial Supply in Idaho Read More »
Boosting Inventory Management Efficiency with a Distribution ERP System
Amid marketplace complexity, efficient inventory management can guide distributors through the fog. James Mallory advises on how modern ERP can serve as your inventory management beacon.
Boosting Inventory Management Efficiency with a Distribution ERP System Read More »
Graybar 3Q Sales Rise 2.3%
Graybar’s net sales were a 3Q record, but growth is down from the numbers recorded in the first and second quarter of 2023.
Graybar 3Q Sales Rise 2.3% Read More »
How Global Industrial Became a Distribution Outperformer
Mike Hockett recounts his fireside chat with Barry Litwin at MDM’s SHIFT conference, where the CEO detailed how the company actioned its many recent initiatives.
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How Global Industrial Became a Distribution Outperformer Read More »
Inline Electric Supply Acquires TVW Electrical in Alabama
Inline Electric Supply adds TVW Electrical Supplies, a distributor of electrical supplies including power distribution products.
Inline Electric Supply Acquires TVW Electrical in Alabama Read More »
Ace Hardware Hit by Cyber Attack
‘We are currently unable to process orders online,’ a banner reads on the hardware retailer’s website.
Ace Hardware Hit by Cyber Attack Read More »
Advance: September US Durable Goods Orders Jump 4.7%
Following 2 consecutive monthly decreases, new orders increased $13.2 billion (or 4.7%) to $297.2 billion, the Census Bureau said.
Advance: September US Durable Goods Orders Jump 4.7% Read More »
UAW Reaches Deals with GM and Stellantis, Effectively Ending ‘Big 3’ Strike
GM followed suit days after the autoworkers union reached a deal with Ford and Stellantis.
UAW Reaches Deals with GM and Stellantis, Effectively Ending ‘Big 3’ Strike Read More »
QuickTake: Drive Profit with Active Category Management
James Dorn and Tom Gale outline ways to leverage manufacturer incentives, create strategic tiered suppliers at a product category level and capture every available dollar before year-end.
QuickTake: Drive Profit with Active Category Management Read More »
MarketPulse: 3Q23 Stays in the Red as Markets Continue Settling
3Q23 revenue growth for industrial sectors declined 0.5%, according to the latest Baird-MDM Distribution Survey. Premium members can get our resulting MarketPulse report now.
MarketPulse: 3Q23 Stays in the Red as Markets Continue Settling Read More »
Honeywell 3Q Sales Up 3% as Margins Improve
The company reported double-digit organic sales growth in commercial aviation, defense and space and process solutions.
Honeywell 3Q Sales Up 3% as Margins Improve Read More »
Core & Main to Acquire Enviroscape in Ohio
The deal further boosts their geosynthetics offerings, two months after the opening of a new Southern California facility.
Core & Main to Acquire Enviroscape in Ohio Read More »
Kennametal Names Former MSA CEO as Chairman
Metalworking supplier Kennametal announced that its Board of Directors appointed William Lambert as Chairman of the Board, effective Nov. 1. Lambert succeeds Lawrence Stranghoener, who is stepping down from the role after serving as either Chairman or Independent Lead Director since 2015. Stranghoener will remain on the Board of Directors and serve on its Audit
Kennametal Names Former MSA CEO as Chairman Read More »
SKF 3Q Sales up 3%; Exploring Aerospace Divestments
The bearings maker said it’s eyeing the sale of non-core Aerospace product lines, which include seals, rings and PEDs.
SKF 3Q Sales up 3%; Exploring Aerospace Divestments Read More »
Home Depot Religns Execs to Boost Pro Offering
In line with The Home Depot’s efforts to grow its underserved Pro market, the retail giant has named two executives to help lead the charge.
Home Depot Religns Execs to Boost Pro Offering Read More »
Stanley B&D 3Q Sales Fall 4%, But Gross Margin Jumps
Year-over-year sales declines continued at the toolmaker, but gross margin and operating margins improved substantially.
Stanley B&D 3Q Sales Fall 4%, But Gross Margin Jumps Read More »
UAW Ends Ford Strike with Tentative Contract
While the tentative deal ends Ford-related strikes, thousands of UAW members remain on strike at at General Motors and Stellantis.
UAW Ends Ford Strike with Tentative Contract Read More »
Community, Connection Strong Themes at ISA Fall Summit 2023
MDM’s Spencer Gale highlights the significant presence of emerging leaders and the strong sense of community at ISA’s Fall Summit.
Community, Connection Strong Themes at ISA Fall Summit 2023 Read More »
Advance: U.S. 3Q GDP Jumped to 4.9% Growth
It dwarfs the 2.1% growth seen in 2023’s second quarter.
Advance: U.S. 3Q GDP Jumped to 4.9% Growth Read More »
