MiddleGround Capital’s strategic acquisition of Advantage Metal Products supports another of MiddleGround’s recent acquisitions, Megatech.
California-Based Advantage Metal Products Privately Acquired Read More »
The Institute for Supply Management’s monthly Purchasing Managers Index (PMI) remained in contraction territory for a sixth straight month in April.
April PMI Rises Slightly, Remains in Contraction Territory Read More »
AD members saw their sales increase 6% year-over-year in 2023’s first quarter.
AD Member Sales Reach $18.3B in 1Q Read More »
Honeywell has acquired Des Moines, Iowa-based Compressor Controls Corporation from Indicor.
Honeywell to Buy Compressor Company from Indicor for $670M Read More »
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 »
Codale Electric, a Sonepar company, announced the opening of its new Nampa, Idaho, branch location.
Sonepar Company Codale Electric Opens Idaho Location Read More »
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 »
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 »
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 »
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 »
MDM looks at another round of earnings reports from industrial distributors and manufacturers.
Earnings Roundup: Saint-Gobain, TriMas, Pentair, Schneider Read More »
Montratec designs and develops automation and transport systems for interlinking industrial production and logistics processes.
Columbus McKinnon Acquires Automation Company montratec Read More »
The increase reflected organic sales growth of 10.1% for the Swedish bearings manufacturer.
SKF Posts 15.7% Sales Growth in 1Q Read More »
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 »
The industrial automation manufacturer saw explosive sales growth in 2Q compared to 1Q.
Rockwell Automation Grew Sales 25.8% in Fiscal 2Q Read More »
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 »
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 has launched a new certification program aimed at developing “the next generation to lead.”
ISA Launches Emerging Leaders Channel Certification Read More »
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 »
Distribution executives commented on their current staffing situations in response to the Baird-MDM 1Q 2023 Distribution Survey.
Data: Distributors See Slightly Improved Staffing Amid Inconsistent Labor Market Read More »
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