March U.S. Construction Spending Unexpectedly Dips 0.2% MTM
Economists had forecasted a monthly gain of 0.3%.
March U.S. Construction Spending Unexpectedly Dips 0.2% MTM Read More »
May 1, 2024
GMS Acquires Howard & Sons Building Materials in SoCal
Pomona, CA-based Howard & Sons distributes a range of wallboard and steel framing products in Southern California.
GMS Acquires Howard & Sons Building Materials in SoCal Read More »
Fed Holds Interest Rate Amid Lack of Inflation Progress
Persistent high inflation led the Fed to maintain its benchmark lending rate at a 23-year high.
Fed Holds Interest Rate Amid Lack of Inflation Progress Read More »
MDM Podcast: Inside Vallen’s Aggressive Transformation
Vallen’s $350 million acquisition of Wesco Integrated Supply is just the latest win for the MRO distributor. CEO Chuck Delph stops by to discuss all the company’s recent activity and onward momentum.
MDM Podcast: Inside Vallen’s Aggressive Transformation Read More »
Graybar’s Valin Acquires Dynamic Solutions in California
Irvine, CA-based Dynamic Solutions will strengthen Valin’s robust motion control and automation product portfolio.
Graybar’s Valin Acquires Dynamic Solutions in California Read More »
Genuine Parts to Transition CEOs in June, Makes Big NAPA Acquisition
GPC will promote William Stengel to CEO in June and has completed the acquisition of Illinois-based Motor Parts & Equipment Corp.
Genuine Parts to Transition CEOs in June, Makes Big NAPA Acquisition Read More »
BlueLinx 1Q Sales Slide 9%, but Volume & Margins Improve
The building materials distributor saw healthy year-over-year and sequential improvements in gross margin.
BlueLinx 1Q Sales Slide 9%, but Volume & Margins Improve Read More »
U.S. Factory PMI Falls Back Below Breakeven in April
It was a reversion from a March that had seen the first expansion-territory PMI since September 2022.
U.S. Factory PMI Falls Back Below Breakeven in April Read More »
Avnet Notes Continued Softness as 3Q Sales Fall 13%
Sales sequentially decelerated further amid what the company cited as economic softness and lower market demand.
Avnet Notes Continued Softness as 3Q Sales Fall 13% Read More »
Global Industrial 1Q Comparable Sales Rise 4.2%
That’s down from 5.1% in 4Q, as Global’s 2Q23 acquisition of Indoff Inc. continued to inflate its year-over-year results.
Global Industrial 1Q Comparable Sales Rise 4.2% Read More »
