The acquisition is AFC's sixth of 2023 and 11th since AFC was acquired by Bertram Capital in April 2021.
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Subia's promotion is one of several recent staffing changes for Pittsburgh-based ERIKS.
The announcement comes three weeks after Current named Steve Harris as its new CEO.
The sales decline was within expectations, according to Ferguson.
MDM spoke with BlackHawk Industrial CEO John Mark to learn more about the company’s recent acquisition of Chattanooga-based Stock’d Supply.
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The distributor also announced a new VP of marketing and a new director of showroom sales.
MCE has now made 10 acquisitions since January 2021.
CIRCOR is a manufacturer of flow control products serving the industrial, aerospace and defense markets.
The acquisition will double Rexel's size in the Netherlands.
AFFLINK announced that Michael Wilson will take over as President and CEO, succeeding Dennis Riffer.
The Institute for Supply Management’s monthly Purchasing Managers Index (PMI) remained in contraction territory for a seventh straight month in May.
MDM speaks with North Coast Electric President Cory McCulloch to discuss his company's new DC in Auburn, Washington and the Sonepar subsidiary's plans for the future.
The Baron Group will join AD's Pipe, Valves & Fittings (PVF) Division.
The OEM foodservice equipment parts distributor expects its exponential growth to continue in 2023.
Economists polled by Reuters had expected China's manufacturing PMI to increase slightly in May.
The U.S. Census Bureau also said that data for March was revised higher to show that core capital goods declined 0.6% as opposed to the previously reported drop of 1.1%.
The new location in Columbus expands Macomb's reach to central Ohio and West Virginia.
The award represents the 'rare' relationship Metabo HPT and SouthernCarlson have shared over the past decade, SouthernCarlson President Andrei Militaru said.
Advantive's latest acquisitions, ParityFactory and VeraCore, focus on the foodservice and logistics industries, respectively.
It's the first acquisition of 2023 for Hillenbrand after the industrial distributor made four bolt-ons in 2022.
