Fastenal Highlights Achievements in 2024 ESG Report
In 2023, Fastenal achieved workplace safety results and launched a large-scale plastic recycling program.
Fastenal Highlights Achievements in 2024 ESG Report Read More »
March 2024
Sonepar’s NorthEast Electrical Launches Scholarship Program
NorthEast Electrical officials say its focus on DEI and the scholarship program ensure the distributor is having open discussions across communities.
Sonepar’s NorthEast Electrical Launches Scholarship Program Read More »
March M&A Roundup: Fewer, but Bigger Deals Abound
Alongside the blockbuster Home Depot-SRS Distribution deal, March included a handful of transactions valued at over $100 million.
March M&A Roundup: Fewer, but Bigger Deals Abound Read More »
ProSource Acquires Southern Distributing in S. Carolina
The addition of plumbing and electrical supplies distributor Southern will give a wider range of products across a larger geographic area.
ProSource Acquires Southern Distributing in S. Carolina Read More »
Advance: February Wholesale Inventories Up 0.5%
It followed a January monthly decrease of 0.2%.
Advance: February Wholesale Inventories Up 0.5% Read More »
Metalformers’ 2024 Outlook Holds Steady
Most metalforming manufacturers surveyed expect no change in general economic activity in the next three months.
Metalformers’ 2024 Outlook Holds Steady Read More »
Amazon Invests Another $2.75B in Gen-AI Company Anthropic
Amazon’s total investment in artificial intelligence startup Anthropic now totals $4 billion.
Amazon Invests Another $2.75B in Gen-AI Company Anthropic Read More »
NAW, NAM, ABC Slam Walkaround Rule Set for Effect May 31
OSHA will publish its final “Walkaround Rule” on April 1, which has been met with staunch opposition from several trade associations.
NAW, NAM, ABC Slam Walkaround Rule Set for Effect May 31 Read More »
U.K.’s Diploma to Buy NY’s Peerless Aerospace for $300M
Diploma adds Peerless Aerospace Fastener, which extends and complements its position in the aerospace fastener market.
U.K.’s Diploma to Buy NY’s Peerless Aerospace for $300M Read More »
PTDA Canadian Conference Coming June 4-6
Power transmission/motion control industry distributor and manufacturer companies will attend to broaden cross-channel networks.
PTDA Canadian Conference Coming June 4-6 Read More »
Graybar Names New Sales Leader
Thirty-five-year company veteran Ellen Rebne will succeed fellow longtime sales EVP David Maxwell on June 1.
Graybar Names New Sales Leader Read More »
PJ Power Systems Joins American Waterways Operators
Wisconsin-based Palmer Johnson Power Systems is a distributor of drivetrain components for industrial off-highway and marine markets.
PJ Power Systems Joins American Waterways Operators Read More »
UPS to Close at Least 200 U.S. Locations in Automation Push
The parcel delivery giant’s $9 billion “Network of the Future” initiative will involves 63 sortation sites with major automation projects.
UPS to Close at Least 200 U.S. Locations in Automation Push Read More »
MSC Posts Dec-Feb Results, Makes Machine Tech Acquisition
The company noted that while 2Q sales were disappointing, gross margin improvement stemmed from internal improvements.
MSC Posts Dec-Feb Results, Makes Machine Tech Acquisition Read More »
Home Depot to Acquire SRS Distribution for $18B in Building Materials Pro Shakeup
Building product distributor SRS Distribution will operate as an independent business unit within The Home Depot and focus on Pro customers.
Home Depot to Acquire SRS Distribution for $18B in Building Materials Pro Shakeup Read More »
MDM Podcast: Inventory Opportunities in Slower-Demand Markets
As customers continue to work down inventory levels into 2024, James Dorn and John Gunderson outline action items for optimizing inventory levels in partnership with suppliers to stay nimble and gain share.
MDM Podcast: Inventory Opportunities in Slower-Demand Markets Read More »
OSHA Hits Ohio Hosemaker Again with Violation Fines
It was the eighth time the company has been cited for safety violations since 2013.
OSHA Hits Ohio Hosemaker Again with Violation Fines Read More »
NYC Approves Nation’s First Congestion Pricing for Vehicles
Driving in Manhattan is about to become much more expensive for cars and trucks.
NYC Approves Nation’s First Congestion Pricing for Vehicles Read More »
Birmingham Fastener Adds Mexico Branch
Alabama-based fasteners distributor and manufacturer Birmingham Fastener will expand out of the U.S. for the first time with a new subsidiary.
Birmingham Fastener Adds Mexico Branch Read More »
ABC Supply Adds Roofing Distributors in Texas, British Columbia
The distributor has added United Roofing Supply Katy, TX and All Canadian Building Products in Surrey, BC.
ABC Supply Adds Roofing Distributors in Texas, British Columbia Read More »
