The retailer says the strategy will help it distribute its inventory more efficiently, according to a Wall Street Journal report.
Report: Lowe’s Opening Import DCs to Store Offseason Goods Read More »
Noelle J. Oas will oversee benefits, insurance, payroll, diversity and compliance, and the Fastenal School of Business.
Fastenal Appoints New Human Resources Leader Read More »
The companies plan to launch an initial set of combined data service offerings to the market beginning early second quarter 2023.
Trimble & DDS Partner to Provide Construction Product Data Read More »
Mike Hockett analyzes value-creation advice for acquisition-interested distributors shared in an MDM M&A Summit session.
Don’t Break ‘The Mothership’: 3 Keys to a Successful Build-Buy-Invest Strategy Read More »
Nickels is the second addition to Tompkins’ leadership team this year.
Tompkins Solutions Adds New Operations Leader Read More »
For all of 2022, revenue was $503 million an increase of 25% over 2021, Allied said in its recent earnings announcement.
Aerospace Powers Allied Motion’s 35% 4Q Revenue Jump Read More »
PTB Group joins Precision Aviation Group’s engine services division.
Precision Aviation Group Acquires MRO Services Provider PTB Read More »
Exports dropped for a 4th straight month amidst continued weakness in foreign demand, according to China’s General Administration of Customs.
China Exports Continue Slump in Jan-Feb Read More »
The incident “may have impacted personal information and protected health information belonging to certain individuals,” the company said.
Saw Blades Maker M. K. Morse Hit by Ransomware Attack Read More »
As Mike Hockett looks forward to another busy spring travel season, get a rundown of the in-person events on MDM’s radar over the next few months.
MDM’s Spring 2023 Industry Events Preview Read More »
Fourth quarter revenue in Wajax’s Industrial Parts segment rose 26.9% year-over-year.
Hitachi Partnership Propels Wajax to Record Revenue in 2022 Read More »
Net sales for 2022 increased 4.2% to $1.49 billion, compared with $1.43 billion in the prior-year period, Hillman reported.
Hillman Reports Slight 2022 Sales Growth Despite Losses Read More »
Exteriors Founder Samir Rastoder will continue to lead the company’s dedicated team, SRS said in a release announcing the deal.
SRS Distribution Acquires Exteriors Inc. in Kentucky Read More »
The deceleration was expected after Ferguson posted 16.6% year-over-year sales growth in 1Q.
Ferguson Fiscal 2Q Sales Growth Decelerates Read More »
That new VP is the second former Optimas Solutions executive Martin has hired in its Fastening unit this year.
Martin Inc. Adds Another Former Optimas Exec to Fastening Unit Read More »
Cargo Control said the deal will significantly expand its level of service and product offerings available to customers.
Shorehill’s Ascent Lifting Makes 1st Acquisition: Cargo Control USA Read More »
International Paper said its rebrand aligns with its strategic vision to “build a better IP.”
International Paper Marks 125th Anniversary with Rebranding Read More »
The world’s largest trial of the four-day work week drew rave reviews from companies that participated. Could the distribution industry benefit from such a change?
Poll Results: Could a Four-Day Workweek Work in Distribution? Read More »
During February, mergers and acquisitions continued to be a prime topic, thanks in part to MDM’s 2023 Virtual M&A Summit.
Premium Monthly: M&A, Nearshoring & Less Economic Fear Lead February Content Read More »
ILC, which was founded more than three decades ago, will continue to be headquartered and maintain its manufacturing in Edina, Minnesota.
Dutch Company Signify Acquires Intelligent Lighting Controls Read More »
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