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 »
2024
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 »
DDS Launches Product Access Cloud, Acadia
DDS’ built Acadia to make it easier for manufacturers and distributors to share, enhance and access product information for eCommerce sites.
DDS Launches Product Access Cloud, Acadia Read More »
Wesco Enlists Flintfox to Centralize Pricing
Wesco signed a five-year contract with an intelligent pricing specialist company to centralize its pricing.
Wesco Enlists Flintfox to Centralize Pricing Read More »
ARG Industrial Appoints New Digital & Tech Leader
Mike Power’s addition to ARG Industrial’s C-suite puts digital transformation at the core of the hose product distributor’s business.
ARG Industrial Appoints New Digital & Tech Leader Read More »
Venturi Supply Acquires Monumental Supply in Maryland
It’s the distribution group’s first acquisition since it was formed by Trive Capital at the end of 2023.
Venturi Supply Acquires Monumental Supply in Maryland Read More »
Distributors Business Model Innovations: Where the Wins Are
We preview MDM’s May 2 webcast that will share results from our months-long study with nearly 100 distribution execs on their business innovation investments, and where their top successes are.
Distributors Business Model Innovations: Where the Wins Are Read More »
April M&A Roundup: Solid but Unspectacular Month
By the number of deals tracked, it was another average month and a deceleration from a frenzy of M&A news in December & January.
April M&A Roundup: Solid but Unspectacular Month Read More »
Singer Industrial Joins AD’s Bearings & PT Unit
Following 10 acquisitions in 2023 and more expansion in 2024, Singer enhances its capabilities by partnering with AD.
Singer Industrial Joins AD’s Bearings & PT Unit Read More »
3M Safety & Industrial Sales Slid 1.7% in 1Q
The company’s largest segment saw organic sales fall 1.5% in the Americas, though operating profit saw a healthy improvement.
3M Safety & Industrial Sales Slid 1.7% in 1Q Read More »
Rexel N.A. Sales Fell 1.1% in 1Q; Worse in Europe
The company also is acquiring a 13-branch distributor in France.
Rexel N.A. Sales Fell 1.1% in 1Q; Worse in Europe Read More »
MDM Analytics Launches Major New Release of Market Profiler App
The market profiling software-as-a-service BI tool platform strengthens market analysis for distributors and manufacturers.
MDM Analytics Launches Major New Release of Market Profiler App Read More »
Air Compressor Solutions Opens New Mexico Branch
ACS’ fifth branch and second location in NM represents a “significant milestone” that surpasses the company’s long-term growth projections.
Air Compressor Solutions Opens New Mexico Branch Read More »
Sonepar Canada Hosts 8K Attendees at Lumen Customer Event
Sonepar’s Ontario region distributor Lumen held its 12th two-day customer event to showcase new products and services.
Sonepar Canada Hosts 8K Attendees at Lumen Customer Event Read More »
