Monthly U.S. Construction Spending Dipped 0.1% in April
Year-to-date, spending is pacing strong at 10.9% above the first four months in 2023.
Monthly U.S. Construction Spending Dipped 0.1% in April Read More »
2024
Evergreen Supply Network Appoints Executive Director
Former farm product manufacturing exec named Executive Director of industrial/construction distribution cooperative Evergreen Supply Network.
Evergreen Supply Network Appoints Executive Director Read More »
TTDS Acquires Southwest Heater and Controls in Dallas
The acquisition of SWHC marks the third deal in TTDS history as it builds out its thermal management solutions.
TTDS Acquires Southwest Heater and Controls in Dallas Read More »
MCE Acquires Mid-Atlantic’s Ives Equipment
Pennslyvania-based industrial and fluid power distributor Motion & Control Enterprises marks its 12th acquisition since 2023.
MCE Acquires Mid-Atlantic’s Ives Equipment Read More »
US LBM Taps Masonite CFO for Same Position
Specialty building materials distributor US LBM names Russell Tiejema as Executive Vice President and CFO to succeed Patrick McGuiness.
US LBM Taps Masonite CFO for Same Position Read More »
Milwaukee Tool President Promoted to CEO of Parent Company
Five Milwaukee Tool executives will take over Steven Richman’s duties as he moves to lead the tool maker’s Hong Kong-based parent company TTI.
Milwaukee Tool President Promoted to CEO of Parent Company Read More »
ISM Manufacturing PMI Contracts Another Half-Point in May
The industrial economy barometer has been in contraction territory for 18 of the past 19 months through May.
ISM Manufacturing PMI Contracts Another Half-Point in May Read More »
MDM’s May M&A Recap: New Recent High for Distributor Deal Activity
After a few solid but unspectacular months for deal volume, May spiked to the most distribution deals tracked by MDM since at least the start of 2023.
MDM’s May M&A Recap: New Recent High for Distributor Deal Activity Read More »
Distributors Well-Represented on “America’s Richest Self-Made Women” List
Leaders from ABC Supply and Uline took the No. 1 and 5 spots on the annual Forbes list, topping well-known celebrities.
Distributors Well-Represented on “America’s Richest Self-Made Women” List Read More »
Distribution, Mfg. Software Provider Advantive Appoints New CEO
Kevin Boyce will succeed Benoit de la Tour as CEO of manufacturing and distribution software provider Advantive to accelerate growth.
Distribution, Mfg. Software Provider Advantive Appoints New CEO Read More »
STAFDA Announces Session Speakers for Fall Convention
STAFDA’s 48th Annual Convention will feature an economic update from Alan Beaulieu, a session on sales growth from Dorn Group and more.
STAFDA Announces Session Speakers for Fall Convention Read More »
Brennan Industries Opens DC in Mexico
Hydraulic and pneumatic fitting distributor Brennan has established a local presence in Mexico to align with customer operations.
Brennan Industries Opens DC in Mexico Read More »
Give Your CIO a Break: Think Beyond Digital Transformation
As they adjust to evolving customer demands, many companies are putting too much pressure (and hope) on the shoulders of their CIO and distribution technologists of all stripes to “make it so.”
Give Your CIO a Break: Think Beyond Digital Transformation Read More »
1Q U.S. GDP Revised Down from 1.6% to 1.3%
More sluggish than previously estimated, it marked the slowest growth quarter since 2Q22.
1Q U.S. GDP Revised Down from 1.6% to 1.3% Read More »
Longtime IMARK Marketing Leader Ruane to Retire
Steve Ruane will retire at the end of 2024 after 23 years with the member-owned distribution group.
Longtime IMARK Marketing Leader Ruane to Retire Read More »
Wesco Details Progress on 2030 Sustainability Goals
Wesco said it has already met one of its key 2030 ESG goals, and is on track to achieve another.
Wesco Details Progress on 2030 Sustainability Goals Read More »
Tencarva Machinery Acquires Tri-State Coating & Machine
Tencarva gains a West Virginia-based distributor of specialized thermal coating services and related parts.
Tencarva Machinery Acquires Tri-State Coating & Machine Read More »
Sonepar’s Northeast Electrical to Acquire Electric Supply Center
It adds six branches and 130 employees across Massachusetts and New Hampshire.
Sonepar’s Northeast Electrical to Acquire Electric Supply Center Read More »
MDM Podcast: What’s Tech Got to Do with It?
As a primer for MDM’s July 10 Virtual Sales Summit, this episode dives into the transforming landscape of distribution sales models and the deeper challenges that reps face in the marketplace today.
MDM Podcast: What’s Tech Got to Do with It? Read More »
Kennametal Arkansas Plant Damaged by Tornado
Kennametal is working to restore production at its Rogers, AK, facility to minimize shipment delays to customers.
Kennametal Arkansas Plant Damaged by Tornado Read More »
