Home Lumber is GMS's fourth acquisition of 2023.
Posts By Brad Star
The industrial distributor's fiscal 3Q sales grew 5% year-over-year.
MiddleGround Capital's strategic acquisition of Advantage Metal Products supports another of MiddleGround's recent acquisitions, Megatech.
The Institute for Supply Management’s monthly Purchasing Managers Index (PMI) remained in contraction territory for a sixth straight month in April.
AD members saw their sales increase 6% year-over-year in 2023's first quarter.
Honeywell has acquired Des Moines, Iowa-based Compressor Controls Corporation from Indicor.
Customers experiencing price increase fatigue are looking for ways to reduce operational costs. James Dorn shares thoughts on how distributors can manage their manufacturer suppliers more strategically.
GDP growth decelerated in 1Q due to a downturn in private inventory investment and a slowdown in nonresidential fixed investment, according to the Bureau of Economic Analysis.
Montratec designs and develops automation and transport systems for interlinking industrial production and logistics processes.
The increase reflected organic sales growth of 10.1% for the Swedish bearings manufacturer.
The industrial automation manufacturer saw explosive sales growth in 2Q compared to 1Q.
After a strong finish to 2022, Grainger maintained that momentum in 2023’s first quarter, according to its latest earnings report.
Distribution executives commented on their current staffing situations in response to the Baird-MDM 1Q 2023 Distribution Survey.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
The staffing changes come amid restructuring actions for 3M, including laying off 6,000 positions.
Graybar aims to bolster its growing industrial automation platform with the acquisition of San Jose, California-based Valin.
KCP sales rose 12% in the company's North America region in 1Q.
The acquisition gives L&W Supply its ninth location in Indiana.
Following its record fiscal performance in 2022, Graybar again achieved record sales in 2023's first quarter.
The 6,000 impacted positions are in addition to the downsizing of 2,500 global manufacturing roles that 3M announced in January.
The program aims to help retail stores identify and track marketplace counterfeits as part of Amazon’s efforts to eliminate organized crime on its platform.
