BlueLinx Opens New Northwest DC in Oregon
The new facility supports the company’s growth strategy, expands its geographic reach and enhances services in the Pacific Northwest.
BlueLinx Opens New Northwest DC in Oregon Read More »
November 2024
Fed Cuts Interest Rate by Quarter Point
While half the size of the September rate cut, it shows further confidence in continued economic growth and eased inflation.
Fed Cuts Interest Rate by Quarter Point Read More »
Brian Short Nabs PTDA’s Top Honor
The longtime PT/MC industry sales leader garnered PTDA’s Warren Pike Award, which is the association’s lifetime achievement honor.
Brian Short Nabs PTDA’s Top Honor Read More »
QXO Adds Former Target Exec as Chief AI Officer
The new executive will build the company’s AI function, which will impact route optimization, robotics and automation.
QXO Adds Former Target Exec as Chief AI Officer Read More »
DSG Expands into Illinois with Peoria Pump Acquisition
It marks DSG’s ninth state of operation across the U.S. Midwest and Great Plains.
DSG Expands into Illinois with Peoria Pump Acquisition Read More »
DNOW 3Q Sales Rise 3%, but Margin & Profit Fall
The company posted an increase in its U.S. sales, but a decrease in both its Canadian and international sales year-over-year.
DNOW 3Q Sales Rise 3%, but Margin & Profit Fall Read More »
ABB Adds Pump Motors Maker Aurora
Aurora Motors is U.S.-based provider of vertical motors with engineering and operations in Shanghai, China.
ABB Adds Pump Motors Maker Aurora Read More »
Investment Bank Insights: Private Equity’s Role in M&A, Pt. 1
With 2024 shaping up to be another big year in distribution M&A, we spoke with several investment banks on the state of industry dealmaking, what’s driving it, best practices and the outlook for 2025.
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Investment Bank Insights: Private Equity’s Role in M&A, Pt. 1 Read More »
Shrieve Chemical Acquires Connection Chemical
Connection Chemical is a distributor of industrial chemicals and fine ingredients based in Newton, PA.
Shrieve Chemical Acquires Connection Chemical Read More »
Kennametal 1Q Organic Sales Down 2%, Profit Slides
The results showed a continued slide in year-over-year and sequential sales growth.
Kennametal 1Q Organic Sales Down 2%, Profit Slides Read More »
Fastenal Daily Sales Growth Slows in October
It suggests that broader demand for industrial and construction supplies remains subdued heading into 2024’s closing months.
Fastenal Daily Sales Growth Slows in October Read More »
Parker Hannifin Completes Sale of Composites Unit
The Composites and Fuel Containment Division manufactures composites, fuel tanks and bladders across six U.S. and Mexico-based facilities.
Parker Hannifin Completes Sale of Composites Unit Read More »
DXP 3Q Sales, Profit & EBITDA Rise in 3Q
Each of DXP’s three business segments likewise improved year-over-year and sequentially.
DXP 3Q Sales, Profit & EBITDA Rise in 3Q Read More »
MRC Global 3Q Sales Slide, Margin Narrows
The company also announced a new board chair, effective immediately.
MRC Global 3Q Sales Slide, Margin Narrows Read More »
A Tribute to an Industry Titan: Skip DeVilling
Tom Gale pays homage to a passionate communicator, mentor and coach, presenting insights from some who knew Skip best.
A Tribute to an Industry Titan: Skip DeVilling Read More »
Distributor Mill Steel Acquires Maryland Metals Processing
Maryland Metals Processing is a stainless and aluminum toll processor that operates from a single facility in Baltimore.
Distributor Mill Steel Acquires Maryland Metals Processing Read More »
PE Firm Offers $1.4B for Machine Parts Distributor OEM International
Sweden-based OEM has 34 operating business units in 15 countries across Europe and in China.
PE Firm Offers $1.4B for Machine Parts Distributor OEM International Read More »
Home Depot Co-Founder & Former CEO Bernie Marcus Dies at 95
Founding the company with Arthur Blank in 1978, Marcus spearheaded its rapid growth over the next two decades.
Home Depot Co-Founder & Former CEO Bernie Marcus Dies at 95 Read More »
TopBuild 3Q Distribution Sales Improve 5%
TopBuild is also set to acquire New York-based thermal insulation supplier Shannon Global Energy Solutions.
TopBuild 3Q Distribution Sales Improve 5% Read More »
Hillman 3Q Sales Dip, but Profit & EBITDA Rise
Hillman Solutions reported a slight dip in 3Q sales but saw considerably improved margins.
Hillman 3Q Sales Dip, but Profit & EBITDA Rise Read More »
