Snap-on Posts Flat 1Q Sales, Higher Profit
Wisconsin-based tool manufacturer Snap-on posted 1Q24 sales of $1.18 million, a modest organic sales decline.
Snap-on Posts Flat 1Q Sales, Higher Profit Read More »
2024
IDCO Names 2023 Distributor, Supplier of the Year
The cooperative has honored its top distributors and manufacturers for their achievements and contributions over the past year.
IDCO Names 2023 Distributor, Supplier of the Year Read More »
Rexel USA Appoints Gulf Central Region Leader
Former Wesco VP Shawn Hawkins will join electrical supplies distributor Rexel USA as the Gulf Central Region President.
Rexel USA Appoints Gulf Central Region Leader Read More »
Motion’s 1Q Sales Fell 2.2% as Profits Rose
Motion continued to see sales growth and strong renewal rates with corporate account customers, which comprise about 45% of business.
Motion’s 1Q Sales Fell 2.2% as Profits Rose Read More »
Baird-MDM Research: Suppliers Changing Purchase Minimums
A key question in the latest Baird-MDM Distribution Survey addressed whether there is a real trend in suppliers changing minimum purchasing requirements, and who it’s impacting most.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Baird-MDM Research: Suppliers Changing Purchase Minimums Read More »
Biden Calls for Tripling of Chinese Steel Tariffs
President Biden wants to raise the tariff rate on certain Chinese steel and aluminum imports to cut out “unfair competition”.
Biden Calls for Tripling of Chinese Steel Tariffs Read More »
Packer Fastener Expands to Kansas City
The new branch in Olathe, MO is the distributor’s 11th overall.
Packer Fastener Expands to Kansas City Read More »
March U.S. Industrial Production Rises on Factory Strength
It marked the first time growth occurred over two straight months since March-April of 2023.
March U.S. Industrial Production Rises on Factory Strength Read More »
Purvis Industries Acquires PTE Drives in Akron
PTE Drives is a family-owned power transmission & bearings products distributor with a single location.
Purvis Industries Acquires PTE Drives in Akron Read More »
NetPlus’ Jennifer Murphy Earns ISA Women’s Influence Honor
The accolade recognizes outstanding commitment to advancing the development and influence of women in the industrial supply channel.
NetPlus’ Jennifer Murphy Earns ISA Women’s Influence Honor Read More »
MDM’s Tom Gale Receives ISA’s Lifetime Achievement Award
The association’s annual John J. Buckley Award honors an individual in the MROP channel for their longstanding service in the industrial supply industry.
MDM’s Tom Gale Receives ISA’s Lifetime Achievement Award Read More »
In Manufacturing’s Digital Transformation, Don’t Overlook the Small Guys
Major manufacturers may have taken a big early lead, but their smaller competitors have been able to close the digital gap in recent years.
In Manufacturing’s Digital Transformation, Don’t Overlook the Small Guys Read More »
White Cap Acquires Bend Construction Supply in Oregon
It comes just a week after the construction supplies distributor announced an acquisition in Oklahoma.
White Cap Acquires Bend Construction Supply in Oregon Read More »
Beacon Grows in Midwest, Acquires General Siding Supply
Adding five branches across Nebraska, Iowa and North Dakota, it’s the fourth acquisition Beacon has announced in 2024.
Beacon Grows in Midwest, Acquires General Siding Supply Read More »
Boeing, Ontic Ink Actuators & Propulsion Distribution Deal
Boeing will now distribute about 1,000 additional actuation and propulsion system products.
Boeing, Ontic Ink Actuators & Propulsion Distribution Deal Read More »
OmniCable Taps Former Farnell, Crescent Exec as CEO
Christopher Breslin will succeed interim CEO and OmniCable Co-Founder Jeff Siegfried on May 13.
OmniCable Taps Former Farnell, Crescent Exec as CEO Read More »
Italy’s Prysmian to Buy Encore Wire in $4.2B Deal
The addition of Texas-based wire and cable maker Encore Wire will enhance Prysmian’s North American presence and product portfolio.
Italy’s Prysmian to Buy Encore Wire in $4.2B Deal Read More »
Resideo to Acquire Snap One in $1.4B Deal, Boosting ADI Unit
Snap One – a manufacturer and distributor of of smart-living products and services – will be integrated into Resideo’s ADI Global Distribution unit.
Resideo to Acquire Snap One in $1.4B Deal, Boosting ADI Unit Read More »
Ferguson to Position Closer to Contractors with Market Distribution Centers
We update on where Ferguson is at in its MDC rollout plan that will place smaller distribution centers closer to pro customers in major metro areas.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
Ferguson to Position Closer to Contractors with Market Distribution Centers Read More »
Martin Supply Acquires Trinity Hardware in Southeast WI
It boosts the MROP supplies distributor’s Midwest footprint as its sixth acquisition in five years.
Martin Supply Acquires Trinity Hardware in Southeast WI Read More »
