Former Anixter Chairman Sam Zell Passes at 82
Zell piloted Anixter’s board for 34 years until its $4.5 sale to Wesco International in 2020.
Former Anixter Chairman Sam Zell Passes at 82 Read More »
2023
Rexel USA Appoints New Chief Strategy Officer
Jordan Lomheim will succeed Wes Smith, who is transitioning into an advisor role, as Rexel USA’s newest SVP and Chief Strategy Officer.
Rexel USA Appoints New Chief Strategy Officer Read More »
Ferguson 3Q Sales Decline 2% as Inflation Cools
The sales decline was within expectations, according to Ferguson.
Ferguson 3Q Sales Decline 2% as Inflation Cools Read More »
Core & Main Sees Modest Dip in February-April Sales & Profit
Net sales decreased 1.5% over last year, but increased 49.2% compared with the first quarter of fiscal 2021, the company said.
Core & Main Sees Modest Dip in February-April Sales & Profit Read More »
IEWC Appoints Global Infrastructure Leader
IEWC named Martin Rohde to lead the wire and cable product distributor’s newly-formed infrastructure business.
IEWC Appoints Global Infrastructure Leader Read More »
Behind the Deal: BlackHawk Grows in Fasteners with Stock’d Supply
MDM spoke with BlackHawk Industrial CEO John Mark to learn more about the company’s recent acquisition of Chattanooga-based Stock’d Supply.
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Behind the Deal: BlackHawk Grows in Fasteners with Stock’d Supply Read More »
April U.S. Manufactured Goods Orders See 4th Rise in 5 Months
The U.S. Census Bureau shows new orders for manufactured goods, inventories and unfilled orders have increased, while shipments remain down.
April U.S. Manufactured Goods Orders See 4th Rise in 5 Months Read More »
NAED President & CEO Tom Naber Resigns
Ed Orlett is serving as interim CEO while a search has begun for a permanent successor.
NAED President & CEO Tom Naber Resigns Read More »
Fastenal Daily Sales Slow as Fasteners Turn Negative in May
It was the distributor’s weakest daily sales growth month since June 2021.
Fastenal Daily Sales Slow as Fasteners Turn Negative in May Read More »
Proton.ai Partners with Infor on AI-Backed CRM
Get all the details on the collaboration between the two industry technology providers and how they look to help distributors grow.
Proton.ai Partners with Infor on AI-Backed CRM Read More »
F.W. Webb Nets ‘Greatest Workplaces for Women’ Honor
The distributor also announced a new VP of marketing and a new director of showroom sales.
F.W. Webb Nets ‘Greatest Workplaces for Women’ Honor Read More »
Some West Coast Port Operations Halted Amid Labor Dispute
Operations at major West Coast container ports have been disrupted as dockworkers and port employers fail to reach a deal over wages.
Some West Coast Port Operations Halted Amid Labor Dispute Read More »
STAFDA Details Convention Workshop Sessions, Speakers
STAFDA’s 47th annual convention will take place from Nov. 5-7 in San Antonio.
STAFDA Details Convention Workshop Sessions, Speakers Read More »
MCE Acquires Distributors in Florida, Michigan
MCE has now made 10 acquisitions since January 2021.
MCE Acquires Distributors in Florida, Michigan Read More »
KKR to Acquire Flow Control Supplier CIRCOR for $1.6B
CIRCOR is a manufacturer of flow control products serving the industrial, aerospace and defense markets.
KKR to Acquire Flow Control Supplier CIRCOR for $1.6B Read More »
Rexel to Buy Dutch HVAC Distributor Wasco in $518M Deal
The acquisition will double Rexel’s size in the Netherlands.
Rexel to Buy Dutch HVAC Distributor Wasco in $518M Deal Read More »
Aircraft Parts Distributor Incora Files for Bankruptcy
Known as Wesco Aircraft until 2020, the company looks to right-size its debt amid reduced demand and ongoing litigation.
Aircraft Parts Distributor Incora Files for Bankruptcy Read More »
Lawless Group Rockies Grows with DeWalt, Adds Category Mgr
The Lawless Group Rockies expanded its DeWalt partnership as part of an investment into preconstruction and structural specification markets.
Lawless Group Rockies Grows with DeWalt, Adds Category Mgr Read More »
AFFLINK Announces Leadership Promotions
AFFLINK announced that Michael Wilson will take over as President and CEO, succeeding Dennis Riffer.
AFFLINK Announces Leadership Promotions Read More »
April Construction Spending Up 1.2% from March, 7.2% YoY
Construction spending during April was estimated at a seasonally adjusted annual rate of approximately $1.9 trillion.
April Construction Spending Up 1.2% from March, 7.2% YoY Read More »
