Endries Expands Southward, Acquires Assembly Fasteners
Florida-based AFI is a distributor of latches, fasteners and hardware products and solutions with locations in five states.
Endries Expands Southward, Acquires Assembly Fasteners Read More »
November 2024
Prokeep Raises $25M Funding to Accelerate Growth
The funding enhances demand-generation capabilities and strengthens customer relationships, driving sales growth of up to 300%.
Prokeep Raises $25M Funding to Accelerate Growth Read More »
ISA Adds New Education Director
The new education director will lead the development of ISA efforts to provide education and training resources.
ISA Adds New Education Director Read More »
Activist Investor Takes $5B Stake in Honeywell, Calls for Split
Elliot Investment urged the company to split into two separate entities, claiming the separation could significantly boost share prices.
Activist Investor Takes $5B Stake in Honeywell, Calls for Split Read More »
Resideo to Have New CEO & Chairman in 2025
The company announced that President and CEO Jay Geldmacher will retire in 2025 as the company prepares for CEO succession.
Resideo to Have New CEO & Chairman in 2025 Read More »
MDM Forecast: November 2024 Update
Things moved more optimistically overall in our latest forecast update for both 2024 and 2025 revenues.
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MDM Forecast: November 2024 Update Read More »
Grove Mountain Partners Launches Plumbing & HVAC Supplier Hills Distribution
Hills Distribution is a newly formed parent company focused on expanding plumbing and HVAC investments in the U.S. Northeast.
Grove Mountain Partners Launches Plumbing & HVAC Supplier Hills Distribution Read More »
White Cap Acquires TOOFast Supply in Nebraska
TOOFast Supply is a supplier of professional grade tools and fasteners serving the industrial, agricultural and residential markets.
White Cap Acquires TOOFast Supply in Nebraska Read More »
Former Anixter Leader Joins CD&R as Operating Advisor
To help find and source new investments, the private investment firm adds the CEO Anixter had at the time it merged with Wesco.
Former Anixter Leader Joins CD&R as Operating Advisor Read More »
Metalworking Machinery Orders Jump Less than Expected with IMTS Bump
September orders expectedly had a boost from the biennial IMTS event, but less than usual.
Metalworking Machinery Orders Jump Less than Expected with IMTS Bump Read More »
MDM’s October Premium Monthly Issue Now Available
Live on Premium and in the MDM Store, the issue’s content spans Amazon Business’ VMI launch, features on Watsco, ABC Supply and City Electric Supply, distributors’ industry event spending and more, plus an HVACR Market Profile.
MDM’s October Premium Monthly Issue Now Available Read More »
How Watsco Drives Growth with a Tech-First Mindset
The final leg of this three-part series examines the HVACR supplier’s perception of being a technology company that happens to distribute products, and how it’s followed through on it.
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How Watsco Drives Growth with a Tech-First Mindset Read More »
DXP Acquires Manufacturers Rep, Vacuum Pumps Supplier
DXP expands its reach in the water treatment and vacuum pump markets, with both acquisitions enhancing its product offerings.
DXP Acquires Manufacturers Rep, Vacuum Pumps Supplier Read More »
September U.S. Wholesale Trade Sales Up 0.3%, Inventories Fall
September inventories were down 0.2% from August, and down year-over-year.
September U.S. Wholesale Trade Sales Up 0.3%, Inventories Fall Read More »
Sonepar’s Springfield Electric Appoints New Sales Leader
The new SVP of sales will leverage his 27 years of industry experience to lead the company’s sales strategy.
Sonepar’s Springfield Electric Appoints New Sales Leader Read More »
RS’ Americas First-Half Sales Down 5%
Operating profit likewise decreased in the Americas segment year-over-year amid competitive pricing pressures.
RS’ Americas First-Half Sales Down 5% Read More »
First Supply Boosts Detroit Presence with New Branch
Operations are expected to begin in the first quarter of 2025.
First Supply Boosts Detroit Presence with New Branch Read More »
No MDM Update Newsletter Monday
We won’t deploy a newsletter Monday in observance of Veterans Day in the U.S., so it’ll be back in action Tuesday morning.
No MDM Update Newsletter Monday Read More »
Wesco’s Core Business Transformation Strategy, from its CEO
We analyze the Wesco CEO’s insights shared at our 2024 event, where he detailed the company’s transformative journey of integrating Anixter, alongside scaling, innovating and maintaining a resilient culture.
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Wesco’s Core Business Transformation Strategy, from its CEO Read More »
ADI Global Distribution 3Q Sales Jump on Snap One Deal
ADI’s landmark acquisition of Snap One earlier this year continued to drive major annual sales gains, while organic also improved.
ADI Global Distribution 3Q Sales Jump on Snap One Deal Read More »
