MHS adds certain conveyor assets of TGW Logistics Group to its portfolio.
Eric Smith
Senior Editor Eric Smith is an award-winning business journalist whose coverage focus includes economic news and insights, industry trends, M&A, and analysis of small businesses and public companies across the wholesale distribution marketplace. Reach him at eric@mdm.com or 720-207-0335.
Posts By Eric Smith
Rickard Gustafson appointed to top executive position at Swedish bearings manufacturer SKF.
But new orders placed in November marked a 13.3% decrease from the previous month, according to the most recent U.S. Manufacturing Technology Orders report.
Manufacturer follows through on plans to exits ABEL business by unloading business to IDEX for $103.5 million.
PPG’s addition of German manufacturer Wörwag will add about €220 million (US$267.6 million) to the company's top line.
Online giant Amazon bringing five new buildings, 2,000 jobs to the metropolitan Detroit area.
Global Industrial — a Systemax Inc. subsidiary and MRO distributor — this week announced a refresh for its tagline to better convey company’s mission.
How one HVACR distributor transformed its business against the backdrop of the COVID-19 pandemic.
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Texas-based landscape distributor Heritage adds family-owned Wolf Creek Co. to its growing portfolio.
Wholesale trade shows slight decline from same month in 2019 but up slightly from the previous month of October, according to the latest report from the U.S. Census Bureau.
The seasonally adjusted Fastener Distributor Index (FDI) for December was 62.6, up from 54.5 in November.
The $11.2 million 104,000-square-foot building will house Motion’s area fluid power shop, hose and rubber shop and engineering department.
Company unloads Mississippi-based distributor for $20 million in order to reduce debt.
Increase of manufactured durable goods for the month is the seventh in a row after two decreases during the height of the coronavirus crisis.
Year-to-date, the goods and services deficit increased $73.6 billion, or 13.9%, from the same period in 2019.
Addition will expand Atlas Copco’s footprint in Germany with the acquisition of the vacuum equipment and services distributor.
Distributor acquires business that operates as two entities — Stone Center of Richmond LLC and Stone Center of Fredericksburg LLC.
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Dec. 28, 2020, to Jan. 1, 2021, increased 21.3%, in part because of a favorable comparison with last year’s holiday schedule.
Association also reports that the average annual sales growth for the 12 months through November 2020 for HARDI distributors is 3.2%.
Profit for industrial distributor MSC plummets 41.5% in the fiscal first quarter ended Nov. 28.
