Enerpac Tool Group’s Dec-Feb Core Sales Up 6%
Enerpac has reported record gross profit margins and adjusted EBITDA margins since rebranding from Actuant in 2019.
Enerpac Tool Group’s Dec-Feb Core Sales Up 6% Read More »
2023
A Year After its Formation, A Deep Dive on Distribution Solutions Group
After Lawson Products transformed into DSG last year, the multi-faceted distributor has reported strong financials. Here’s why the company isn’t slowing down.
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A Year After its Formation, A Deep Dive on Distribution Solutions Group Read More »
DXP Says its 2022 Sales Topped $1.4B as EBITDA Soared
DXP made four acquisitions during 2022 and ended the year by raising $105 million in borrowings to fund further growth.
DXP Says its 2022 Sales Topped $1.4B as EBITDA Soared Read More »
U.S Federal Reserve Raises Interest Rates Another 0.25%
The U.S. central bank signaled that the latest rate hike may not be the last, but is likely nearing the end of aggressive increases.
U.S Federal Reserve Raises Interest Rates Another 0.25% Read More »
BlueLinx Announces President & CEO Succession
Shyam Reddy has been with BlueLinx for nearly eight years, most recently serving as senior vice president.
BlueLinx Announces President & CEO Succession Read More »
MDM Wants to Tell Your Company’s Story
If your company has a story worth sharing, we want to hear about it. Get the details on our new on-site distributor profile series.
MDM Wants to Tell Your Company’s Story Read More »
Precision Products Group Acquires Saylor Technical Products
The acquisition is PPG’s second under the ownership of Auxo Investment Partners, which acquired the brand in September 2020.
Precision Products Group Acquires Saylor Technical Products Read More »
AD Elects 2023 Board of Directors
The organization’s newly elected director is François Deschênes, who is President & CEO of Deschênes Group Inc.
AD Elects 2023 Board of Directors Read More »
Stanley Black & Decker Closing SC, TX Plants in Network Changes
Changes also will include U.S. site expansions, site transformations into manufacturing centers of excellence and site consolidation.
Stanley Black & Decker Closing SC, TX Plants in Network Changes Read More »
Verusen Adds BI Capabilities for Procurement, Operations
Verusen is showcasing its new offering this week (March 20-23) at ProMat Chicago.
Verusen Adds BI Capabilities for Procurement, Operations Read More »
IEWC Adds Singapore Distribution Center
The new facility adds nearly 20,000 square feet of warehouse and office space to IEWC’s footprint within Asia.
IEWC Adds Singapore Distribution Center Read More »
In Distribution Dealmaking, Burying Bodies Never Ends Well
Mike Hockett shares a conversation from MDM’s recent M&A Summit that dove into the specifics of dealmaking communication best practices.
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In Distribution Dealmaking, Burying Bodies Never Ends Well Read More »
Amazon to Slash Another 9,000 Jobs
The layoffs will occur within “the next few weeks,” according to Amazon CEO Andy Jassy.
Amazon to Slash Another 9,000 Jobs Read More »
Distribution Solutions Group Files Shelf Registration Statement
The move would allow DSG to register one or more future offerings of up to $500 million of equity and debt securities of the company.
Distribution Solutions Group Files Shelf Registration Statement Read More »
Rexel Gets 3-Year USPS Contract for EV Charging Stations
The contract includes a potential maximum of 41,500 stations, which can be ordered during the contracts period of performance.
Rexel Gets 3-Year USPS Contract for EV Charging Stations Read More »
U.S. Industrial Production was Flat in February
The index for industrial production remained unchanged in February after increasing 0.3% in January.
U.S. Industrial Production was Flat in February Read More »
Turtle Marks 100 Years with New Brand Identity
The company has also launched a new cybersecurity consulting business line, addressing key challenges its customers face.
Turtle Marks 100 Years with New Brand Identity Read More »
Coburn Supply Acquires Bay Electric in Texas
Beaumont, Texas-based Coburn Supply is a distributor of HVAC, electrical and plumbing products.
Coburn Supply Acquires Bay Electric in Texas Read More »
QuickTake: What AI & ChatGPT Really Mean for Distributors
MDM CEO Tom Gale and Indian River Consulting’s Mike Marks discuss the latest AI model, GPT-4, and how it might impact the distribution industry.
QuickTake: What AI & ChatGPT Really Mean for Distributors Read More »
New Honeywell CEO to Take Over June 1
Vimal Kapur, President and Chief Operating Officer, will succeed Darius Adamczyk as Chief Executive Officer, the company said.
New Honeywell CEO to Take Over June 1 Read More »
