January U.S. Consumer Inflation Up 3.1% YoY
Though it repeated December’s monthly figure, the overall CPI topped economics’ expectations.
January U.S. Consumer Inflation Up 3.1% YoY Read More »
February 2024
So You’ve Been Cyber-Attacked. Now What?
With cyber attacks being a matter of when rather than if it happens to you, Nick Pericle concludes his 3-part series here with initial response steps to take when your organization suffers an attack and longer-term recovery.
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So You’ve Been Cyber-Attacked. Now What? Read More »
Watsco Reports Sales Growth Despite Soft HVAC Market
Watsco’s 2023 follows two years of record-setting performances and faces softer comparative market conditions.
Watsco Reports Sales Growth Despite Soft HVAC Market Read More »
Wesco 2023 Sales Topped $22B Despite 4Q Decline
While 4Q volume fell in certain verticals, Wesco said it saw growth in industrial, utility, data center and network infrastructure.
Wesco 2023 Sales Topped $22B Despite 4Q Decline Read More »
B&D Industrial Acquires American Gear & Engineering
In a step toward vertical integration, independent industrial distributor B&D Industrial acquired a Michigan-based gear manufacturer.
B&D Industrial Acquires American Gear & Engineering Read More »
DXP Acquires Kappe Associates
It further expands DXP’s offering and capabilities in the water and wastewater markets.
DXP Acquires Kappe Associates Read More »
DNOW to Acquire Valves & Automation Distributor Whitco Supply
Whitco has about 30 employees across eight locations in Louisiana, Texas, New Mexico, Ohio and Pennsylvania.
DNOW to Acquire Valves & Automation Distributor Whitco Supply Read More »
WALTER Appoints New Safety Sales Director
Company veteran Jean-Marie Maayoufi now leads sales efforts for WALTER’s Allegro Industries brand.
WALTER Appoints New Safety Sales Director Read More »
Trystar Acquires Manufacturers in Wisconsin & Quebec
The portable and power products maker has added Macromatic Industrial Controls (Waukesha, WI) and Primax Technologies (Point-Claire, Quebec).
Trystar Acquires Manufacturers in Wisconsin & Quebec Read More »
2023 North American Robot Orders Down 30% from 2022
A report from A3 shows that annual 2023 sales were near equal for automotive and non-automotive industries.
2023 North American Robot Orders Down 30% from 2022 Read More »
Timmons Named Vallen’s Finance Leader
Sonia Timmons has been with Vallen since 2007, with the past 5 years as its VP of Financial Planning Analysis.
Timmons Named Vallen’s Finance Leader Read More »
Survey: How Will Supplier Pricing Impact Distributors’ Gross Margin in 2024?
Distributors won’t be able to pass along price increases in 2024 at nearly the rate of 2021-2023. So, the 4Q23 Baird-MDM Survey asked distributors how they see supplier pricing impacting gross margin.
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Survey: How Will Supplier Pricing Impact Distributors’ Gross Margin in 2024? Read More »
Snap-on 4Q Organic Sales Up 2.2% as Tools Group Slide
Full-year 2023 total sales were $4.73 billion, up 5.3% from 2022.
Snap-on 4Q Organic Sales Up 2.2% as Tools Group Slide Read More »
Owens Corning to Buy Masonite in $3.9B Deal
The manufacturers say the deal will create a scalable growth platform that expands Owens Corning’s addressable market to $27 billion.
Owens Corning to Buy Masonite in $3.9B Deal Read More »
U.S. Wholesale Inventories Rebound in December
Wholesale reveneus likewise ended the year on a monthly uptick.
U.S. Wholesale Inventories Rebound in December Read More »
AD Members Post Record $79B in 2023 Sales
AD owner/members total sales increased 5% in 2023 vs. 2022.
AD Members Post Record $79B in 2023 Sales Read More »
Data: Distributors’ 2024 Sales Growth Outlook by End Market
Using charts from our 4Q23 Baird-MDM Survey conducted in the first half of January, we illustrate what this year’s sales growth expectations are for distributors across five key customer end markets.
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Data: Distributors’ 2024 Sales Growth Outlook by End Market Read More »
Kennametal 2Q Organic Sales Fall 3%
The results showed a continued slide in year-over-year and sequential sales growth that reflected an industry-wide demand slowdown.
Kennametal 2Q Organic Sales Fall 3% Read More »
Fastenal Manufacturing’s U.K. Leeds Location Earns AS9100 Certification
It lets Fastenal meet a broader scope of product needs in the aerospace and defense industry, with a focus on precision-machined parts.
Fastenal Manufacturing’s U.K. Leeds Location Earns AS9100 Certification Read More »
Sonepar’s Crawford Opens 2 Branches in TX
The additions mark Crawford’s 62nd and 63rd operational locations in a footprint now stretching across eight southeastern states.
Sonepar’s Crawford Opens 2 Branches in TX Read More »
