The distributor saw healthy 4Q organic growth, too, with comparable sales up 5.1% excluding GIC’s May 2023 acqusition of Indoff.
Indoff Buy Keeps Powering Global Industrial Growth as Annual Sales Near $1.3B Read More »
Though it trailed the volume of January and December, the month included several distribution transactions valued at $100 million or more.
February M&A Roundup: Vallen, Motion, Imperial Dade Headline Another Active Month Read More »
Wisconsin-based Jorgenson Conveyor and Filtration Solutions will join Innovance’s lineup of industrial machine manufacturers.
Innovance Acquires Jorgenson Conveyor and Filtration Read More »
With the addition of Carlstar, Titan diversifies its wheel and tire portfolio and expands its manufacturing and distribution footprint.
Wheels & Tires Maker, Distributor Titan Acquires Carlstar Read More »
Los Angeles-based Progressive had 2023 annual sales of more than $400 million.
Dole Selling Progressive Produce Unit for $120M Read More »
The specialty building products distributor saw gross margin improve 40 bps year-over-year, though EBITDA fell by a larger margin.
GMS November-January Sales Up 1.9% as Organic Slips Read More »
While application possibilities understandably drive AI discussions, the ethics component has been overlooked. This piece dives deep into the guardrails distributors will want to keep in mind as they navigate their AI journey.
An Ethical Examination of Business AI Read More »
As distribution increasingly becomes the focus of state regulation and legislation, HARDI expands its advocacy efforts into state affairs.
HARDI Adds State & Public Affairs Director Read More »
The addition of Fort Worth, TX-based ePicker will boost Big Lift’s lithium-powered material handling and forklift offering.
Big Lift Acquires Material Handling Equipment Provider ePicker Read More »
Strategically located, the new 8,000 sq. ft. warehouse and office space will streamline Bartlett Bearing’s distribution network.
Bartlett Bearing Adds Las Vegas Distribution Hub Read More »
As part of its expansion plans in California, building materials supplier 84 Lumber acquire West Coast Lumber’s production yard business.
84 Lumber Acquires West Coast Lumber Assets Read More »
Jim Thivierge will oversee NSI Industries’ Building Technology Division unit operations in California, Ohio and Pennsylvania.
NSI Adds Building Technology Division Leader Read More »
While distribution has been slow to embrace the game-changing technology that tech giants have pioneered and exploited, the industry can still take advantage of the AI infrastructure that exists.
Ride the AI and Data Wave: Your Business Success Secret Sauce Read More »
Acquisitions and greenfields powered strong volume growth, and the distributor bolted-on its second company in 2024.
Beacon Sees 4Q Sales Jump 17%, Acquires Metro Sealant Read More »
From its modest origins in 1934, MRO distributor Martin Supply has expanded its footprint to encompass 48 distribution centers and sites.
Martin Supply Marks 90 Years in Operation Read More »
A pull-back in DIY spending, flat Pro customer sales and unfavorable January winter weather impacted Lowe’s comparable sales numbers.
Lowe’s 4Q Comp Sales Fall 6.2%; Flat Pro Segment Read More »
Dragged down by building materials and supplies, it followed a 0.3% increase in December.
Advance: Canada Wholesale Sales Down 0.6% in January Read More »
Driven by a sharp decline in commercial aircraft orders, it was the sharpest one-month drop since April 2020’s 19.3%.
Advance: U.S. Durable Goods Orders Drop 6.1% in January Read More »
Over 515 attendees gathered for the 2024 AD eCommerce & Marketing Summit to discuss digital and marketing leadership, products and marketing.
AD eCommerce & Marketing Summit Unites Leaders Under ‘Be Different’ Theme Read More »
Thirty-three major work stoppages began in 2023, the most since 2000 when there were 39, according to the U.S. Bureau of Labor Statistics.
Data: 2023 U.S. Labor Strikes Jumped to 23-Year High Read More »
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