Schneider Electric to Invest $140M in TN Plants
Strong demand across infrastructure and data center end markets has led Schneider Electric to upgrade its manufacturing operations.
Schneider Electric to Invest $140M in TN Plants Read More »
2024
Parts Town 2023 Revenue Jumped 25% to $2.3B
The master distributor of parts for OEM foodservice, appliances, HVAC and consumer electronics provided updates on a number of iniatiatives.
Parts Town 2023 Revenue Jumped 25% to $2.3B Read More »
MDM March Forecast: Oil & Gas Drives Weakened 2024 Outlook
While oil & gas led the March downward revision for 2024, 10 of 19 total industry verticals likewise trended more pessimistic.
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MiddleGround Taking Starrett Private in $122M Deal
The private equity firm will add a 144-year-old manufacturer of precision tools, cutting tools and metrology systems to its portfolio.
MiddleGround Taking Starrett Private in $122M Deal Read More »
Kennametal to Have New CEO on June 1
Sanjay Chowbey, who joined the company in 2021 as VP of its Metal Cutting segment, is set to take the top job as Christopher Rossi retires.
Kennametal to Have New CEO on June 1 Read More »
Report: Manufacturers Back Off on 2024 Pay Raises
One-third of firms polled said they’ll give smaller pay raises this year, and the portion that plan to maintain or give larger raises trails the national average.
Report: Manufacturers Back Off on 2024 Pay Raises Read More »
Home Depot will Open 4 DCs in 2024 to Serve Pros
By the end of 2024, The Home Depot expects to have 17 of its top pro markets equipped with new capabilities for pros.
Home Depot will Open 4 DCs in 2024 to Serve Pros Read More »
Amazon Business Expands to Mexico; 10th Country Overall
The marketplace noted that Amazon Mexico has nearly 18,000 national sellers — 99% of which are small- and medium-sized companies.
Amazon Business Expands to Mexico; 10th Country Overall Read More »
U.S. Wholesale Inflation Again Topped Expectations in February
The figures raise concerns about lingering inflation amid a weakened industrial business cycle.
U.S. Wholesale Inflation Again Topped Expectations in February Read More »
The Case for Creating an Integrated Wholesale eCommerce Experience
Does your wholesale eCommerce site have the features it takes to be best-in-class? Find out what customers really want from distributors.
The Case for Creating an Integrated Wholesale eCommerce Experience Read More »
January U.S. Cutting Tool Orders Rose 9.1% MoM
Consumption also increased 4.1% year-over-year, rebounding from December’s declines.
January U.S. Cutting Tool Orders Rose 9.1% MoM Read More »
Packer Fastener Moves HQ to Larger Green Bay Facility
The fast-growing distributor in the U.S. upper midwest said the 100,000-square-foot facility will enable it to better serve customers.
Packer Fastener Moves HQ to Larger Green Bay Facility Read More »
Kodiak BP Appoints Presidents at 2 Subsidiaries
Colorado-based Sun Mountain Custom Doors and Florida-based American Builders Supply have new leadership.
Kodiak BP Appoints Presidents at 2 Subsidiaries Read More »
February Premium Monthly: Finding AI Traction Amid the Hype
Mike Hockett leads off our February Premium Monthly issue with his take on why the AI learning curve won’t be nearly as steep as that of office computers or the Internet.
February Premium Monthly: Finding AI Traction Amid the Hype Read More »
Imperial Dade Acquires JAD Building Maintenance Supply in NYC
JAD’s janitorial and building maintenance supply industry customers can expect an greater offering of products and solutions.
Imperial Dade Acquires JAD Building Maintenance Supply in NYC Read More »
Spartan Tool Supply Privately Acquired in Ohio
Foundation Investment Partners plans to provide Spartan with access to resources and expertise to expand its team and enter new markets.
Spartan Tool Supply Privately Acquired in Ohio Read More »
Sonepar Topped $36B in 2023 Global Sales, $13B in U.S.
The Paris-based electrical products distribution giant detailed its U.S. network figures as of the end of 2023.
Sonepar Topped $36B in 2023 Global Sales, $13B in U.S. Read More »
3M Appoints New CEO, Chairman
Industrial manufacturing conglomerate 3M appointed outsider William Brown to succeed Michael Roman as CEO in May.
3M Appoints New CEO, Chairman Read More »
January Metalworking Machinery Orders Sunk 33% MoM
By order value, January was the lowest level since January 2021, while the unit count was its lowest since 2016.
January Metalworking Machinery Orders Sunk 33% MoM Read More »
Graybar, St. Louis Teamsters Reach Tentative Agreement
A new four-year contract between Teamsters Local 688 and Graybar in St. Louis includes an hourly wage increase.
Graybar, St. Louis Teamsters Reach Tentative Agreement Read More »
