The AI-powered platform is designed for distribution and manufacturing firms to streamline their returns, repairs and warranties management.
Returns Platform Continuum Launches for Distributors & Manufacturers Read More »
The company agreed to 19 acquisitions during 2023, respresenting a total investment of $593 million.
Bunzl Posts $15B in 2023 Sales; Makes Pair of Europe Deals Read More »
Hear from Ferguson’s CFO on its growth strategy and the acquisitions keeping the plumbing and industrial distribution giant in the headlines.
Behind the Deal: Ferguson’s Bolt-On Acquisition Strategy Amplifies Growth Read More »
However, the year-over-year sales declines improved throughout the year and were down only 4.7% in the fourth quarter.
Builders FirstSource 2023 Sales Fell Nearly 25% Read More »
The 12 candidates, all current Grainger board members, will be voted on at the 2024 annual meeting of shareholders.
Grainger Names 12 Nominees for 2024-25 Board Read More »
Ownership of Grand Rapids, MI-based surface enhancement solution distributor SurfacePrep is switching hands after tripling in size.
SurfacePrep Sold from One PE Firm to Another Read More »
It will divest the industrial MRO unit out of Wesco, while considerably bolstering Vallen’s product and services offerings.
Vallen to Buy Wesco’s Integrated Supply Unit for $350M Read More »
The ISA24 conference is rapidly approaching on April 15-17 in Charlotte, NC. As a primer, we chatted with CEO Brendan Breen on what to expect from the agenda, what he’s hearing from ISA members and what gives him hope about the industry.
Ahead of ISA24, Brendan Breen Shares Member Sentiment and What Gives Him Industry Hope Read More »
The Power Transmission Distributors Association added a bearings distributor, a manufacturer and an associate to its membership.
PTDA Adds 3 New Members Read More »
Gary Michel fills a vacancy on Global Industrial’s board left by Thomas Suozzi, who resigned after being elected to the U.S. House.
Global Industrial Adds Former Jeld-Wen CEO to Board Read More »
Building Materials Distribution sales improved 3% year-over-year during 4Q, a stark improvement from a 15% decline in 3Q.
Boise Cascade’s Building Materials Sales Swing to Increase Read More »
A decrease in BlueLinx’s 4Q23 sales reflects a decline in specialty and structural product sales, primarily driven by price deflation.
BlueLinx 4Q Sales Fall 16% on Price Deflation Read More »
In 2023, the distributor paid down $160 million of debt and reduced inventory by $100 million while maintaining fill rates above 94%.
Hillman 4Q Comparable Sales Up 3.8% YoY Read More »
Atlanta-based packaging distributor Veritiv added Vivabox Solutions to bolster its existing kitting and assembly capabilities.
Veritiv Acquires Kitting, Packaging Provider Vivabox Read More »
Texas A&M University will offer one STAFDA member a scholarship towards earning their master’s degree in industrial distribution.
STAFDA, Texas A&M Partner on New Education Offers Read More »
CEO Ted Decker noted that 2023 was “a year of moderation” for the DIY and contractor supply retail giant.
Home Depot 4Q Sales Fall 2.9% as Pro Levels with DIY Read More »
Steven Leavengood will lead supply chain consulting firm Tompkins’ business development and sales team.
Tompkins Solutions Names Sales Lead Read More »
Following his three-part article series, we had John Gunderson on the podcast for a deeper dive into Fastenal’s move from a company dependent on a nationwide branch network to one that emphasizes embedded customer service.
MDM Podcast: A Breakdown of Fastenal’s Decade-Long “Big Pivot” Read More »
F.W. Webb’s new 43,000 sq. ft. facility adds capacity and provides a comprehensive selection of water works and industrial components.
F.W. Webb Relocates Northern Maine Branch Read More »
It marks the first transaction for Motion since its landmark $1.2 billion buy of Kaman Distribution Group at the start of 2022.
Motion to Add Pair of Canadian Fluid Power Providers Read More »
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