Turtle & Hughes Expands in Texas with New Austin Hub
The 40,000-square-foot facility is designed to deliver energy-efficient solutions to the region’s ‘thriving’ technology sector.
Turtle & Hughes Expands in Texas with New Austin Hub Read More »
2023
NOW Inc. Reports $547 Million in 4Q Revenue
For all of 2022, the company reported $2.13 billion in revenue, according to NOW Inc.’s 4Q 2022 earnings announcement.
NOW Inc. Reports $547 Million in 4Q Revenue Read More »
Watsco Reports Record $7.27B Sales in 2022
Watsco’s impressive fourth quarter followed a record-breaking third quarter.
Watsco Reports Record $7.27B Sales in 2022 Read More »
Royal Supply & Specialty Bearings Leader Launches 6S Safety
The company will distribute safety products and services to all industry segments, according to President Don Chargin.
Royal Supply & Specialty Bearings Leader Launches 6S Safety Read More »
Twists & Turns Define 2023 Distribution M&A Landscape
Deal activity outpaces most expectations, but valuations and market dynamics have shifted dramatically from the previous two years of a hot seller’s market environment. Here are some key themes emerging for the year ahead for buyers and sellers alike.
Twists & Turns Define 2023 Distribution M&A Landscape Read More »
SiteOne Landscape Supply 2022 Sales Increase 16%
SiteOne finished 2022 with a strong fourth quarter.
SiteOne Landscape Supply 2022 Sales Increase 16% Read More »
Hamilton Caster Appoints Mark Lippert as New President
Mark Lippert succeeds his cousin, David R. Lippert, who retired in December, the company said in its announcement.
Hamilton Caster Appoints Mark Lippert as New President Read More »
Avnet Adds SVP of Business Engagements & Supplier Management
Rebecca Obregon-Jimenez will fill the newly created role at Avnet.
Avnet Adds SVP of Business Engagements & Supplier Management Read More »
Consumer Price Index Accelerated in January
Over the past 12 months, the all-items index increased 6.4% before seasonal adjustment, according to the Bureau of Labor Statistics.
Consumer Price Index Accelerated in January Read More »
2 Sonepar USA Veteran Executives to Retire in June
Mike Smith, SVP Business Relationship Management and Data Insights, and Scott Schuenke, VP of Strategic Development and Integration Management, will retire.
2 Sonepar USA Veteran Executives to Retire in June Read More »
AFC Industries Strikes Again in Michigan, Acquires PF Markey
The move comes less than a month after AFC’s acquisition of Hazel Park-based Motor City Industrial.
AFC Industries Strikes Again in Michigan, Acquires PF Markey Read More »
Construction Backlog Indicator Down to Start 2023
Despite the decline in January, backlog remains elevated by historical standards and is 0.1 months higher than in February 2020.
Construction Backlog Indicator Down to Start 2023 Read More »
Wesco Posts Record $21.4B Sales in 2022
The distributor of electrical and industrial products continues to blossom since its acquisition of Anixter International in 2020.
Wesco Posts Record $21.4B Sales in 2022 Read More »
MDM Podcast: NAW Voices — What Are Distributors Seeing Out There?
From a trio of short interviews at the recent NAW Executive Summit, distributor leaders tell us about their top challenges and how demand is faring as of early 2023.
MDM Podcast: NAW Voices — What Are Distributors Seeing Out There? Read More »
Descartes Acquires Carrier Solutions Provider GroundCloud
Descartes acquired GroundCloud for up-front consideration of approximately $138 million, satisfied with cash on hand.
Descartes Acquires Carrier Solutions Provider GroundCloud Read More »
Sandvik Acquires Irish Medical Tooling Supplier PMT
The company will be reported within Seco, a division within Sandvik Manufacturing and Machining Solutions.
Sandvik Acquires Irish Medical Tooling Supplier PMT Read More »
MRC Global Reports Consistent Sales Growth to End ’22
The industrial PVF products distributor reported 4Q sales of $869 million, an increase of 27% compared to the same quarter in 2021.
MRC Global Reports Consistent Sales Growth to End ’22 Read More »
Sandvik Manufacturing Solutions CEO to Depart in August
Sandvik Manufacturing Solutions CEO Christophe Sut will join Scanfil as its new CEO.
Sandvik Manufacturing Solutions CEO to Depart in August Read More »
7 Ways Distributors Can Benefit from Reshoring
In the second of a two-part series, John Johnson covers how distributors can take advantage of the movement to reshore sourcing and shorten supply chains.
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7 Ways Distributors Can Benefit from Reshoring Read More »
Meritus Gas Partners Acquires Southern MagneGas Locations
The assets include 7 retail locations and a recently expanded fill plant and specialty gas laboratory in the Dallas-Fort Worth area.
Meritus Gas Partners Acquires Southern MagneGas Locations Read More »
