January Manufacturing PMI Hits 15-Month High
January's figure still indicated contraction for a 14th consecutive month, but at a much slower pace than almost all of 2023.
January Manufacturing PMI Hits 15-Month High Read More »
January's figure still indicated contraction for a 14th consecutive month, but at a much slower pace than almost all of 2023.
January Manufacturing PMI Hits 15-Month High Read More »
The value of 2023 total construction was up 7.0% from 2022.
U.S. Construction Spending Ends 2023 With Strong December Read More »
Fargo, ND-based electrical supplies distributor Border States named Jason Stein as Chief Information Officer.
Border States Promotes Company Veteran to CIO Read More »
The MRO supplies distribution giant expects the 1.2-million-square-foot facility to open in 2026.
Grainger to Add Massive DC Near Houston, 400 Jobs Read More »
Fed Chair Jerome Powell suggested that a rate cut issued at his committee's March 19-20 meeting is unlikely.
Fed Holds Rates Steady, Signals Cuts Not Imminent Read More »
It follows several years of transformation for the distributor of fluid handling, sealing and material conveyance supplies and solutions.
ERIKS North America is Now LGG Industrial. Here’s Why Read More »
In the past 2 years, Singer Industrial divested a business unit, rebranded, made over a dozen acquisitions and added plenty of greenfields. CEO Craig Osborne tells us how his company has handled it all.
MDM Podcast: How Singer Industrial has Navigated Several Years of Change Read More »
October-December Avnet sales fell 5.5% year-over-year in the Americas.
Avnet 2Q Sales Fall 7.6% Read More »
For the year, member distributors saw overall 12-month sales decline by 0.3%.
HARDI Distributors’ December Revenue Fell 7.8% Read More »
Joyce Orlob Evans — the daughter of the company's founder — played an active role in the MROP distributor throughout her life.
Industrial Supply Company Longtime Owner Passes at 100 Read More »
Electrical materials supplier Independent Electric will rebrand and restructure to enable more efficient operation.
Independent Electric Merges into Sonepar Trio Read More »
Fellow private equity firm American Securities, which acquired FBM in 2021, retains a majority stake in the distributor.
CD&R Buys “Significant” Stake in Foundation Building Materials Read More »
Plenty of big-name distributors were involved in MDM's M&A news coverage during January.
January M&A Roundup: A Strong Start to 2024 Read More »
UPS plans to cut 12,000 jobs this year to realize $1 billion in cost savings after both domestic and international volumes have suffered.
UPS to Cut 12,000 Jobs As Volume Falls Read More »
Terabytes of data were stolen from manufacturing giant Schneider Electric’s sustainability division in a ransomware attack on Jan. 17.
Schneider Electric Division Hit by Ransomware Attack Read More »
Proton describes it as the first conversational AI chatbot designed specifically for distributors and exclusively for Proton CRM customers.
Proton Launches Pronto: An AI Chatbot Built Specifically for Distributors Read More »
The company is bringing its full scope of PVF product and more to a 40,000-SF facility near the Indianapolis International Airport.
PVF Distributor Macomb Group Expands in Indianapolis Read More »
Nearly all respondents in our 4Q23 Baird-MDM Industrial Distribution Survey conveyed some level of concern, but you'll want to see what portion consider it a top threat, and their interesting commentary.
Survey: How Concerned are Distributors about Cyber Threats? Read More »
The annual rankings feature shows the biggest changeup to the B2B marketplace landscape in the past 3 years.
Applico Releases 2024 Top 50 B2B Marketplace Report Read More »
While distributors compete with other market distributors on sales, they compete with everyone for talent. Bharani Nagarathnam details three focus areas in which distributors can improve to attract more talent.
3 Mindset Shifts To Recruit & Retain Next-Gen Talent Read More »