Building materials distributor HD Supply returns to the company that had sold it to private equity in 2007, though HD Supply went public in 2013 and has since reshaped 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
Building materials distributors, which will soon combine, announced the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
Curbell Plastics combines two locales in Arlington, Texas, into larger Timberlake Drive facility, also in Arlington.
Bain Capital Private Equity establishes a solid building materials presence with the addition of US LBM, the sixth-largest construction distributor according to MDM's most recent Market Leaders rankings.
Former Grainger exec Kristi Dahlke tapped to lead financial department at Crescent Electric.
3M reports that sales increased 2% in the Americas and EMEA (Europe, Middle East and Africa) last month as the company continued its post-pandemic momentum.
Amazon's new fulfillment center in Madison County, Mississippi, will create hundreds of new full-time jobs and give the company faster delivery times in the region.
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Nov. 2 to Nov. 6 marked one of the best non-holiday-influenced weeks since February.
Like most organizations during the last eight months of the coronavirus crisis, the Power Transmission Distributors Association (PTDA) was forced to move its in-person events to virtual.
Electrical distributor names Robert Courcy to key post in company’s Gulf Region, where he will manage offices in Houston and Port Lavaca, Texas, and Geismar, Louisiana.
Addition will give manufacturer/distributor Myers Industries a foothold in the roto-molding business.
Electrical distribution giant WESCO named Akash Khurana as its executive vice president and chief information and digital officer.
Jon-Don said the acquisition “marks a new phase of strategic growth for Jon-Don, as the company continues to expand its offerings within the jan-san, restoration equipment, and concrete surface prep and polishing industries.”
Industrial distributor Fasteners Inc. Southwest Supply appoints industry veteran Brett Wilson to key position.
Electrical, plumbing and HVACR distributor Dakota Supply Group had been serving customers in the Great Falls market from its other Montana locations.
But new orders placed in September marked a 26.4% increase from the previous month, according to the most recent U.S. Manufacturing Technology Orders report.
The CEO of Bunzl, which also completed the previously announced acquisition of Denmark-based PPE distributor ICM, said the company’s “acquisition pipeline remains promising.”
How did the public distributors (and manufacturers relevant to this space) perform in the calendar third quarter? Our recap provides highlights of their revenue and earnings results.
Wholesale trade down from 2019, but it did show moderate improvement from the previous month of August, according to the latest report from the U.S. Census Bureau.
MRO and industrial distributor DXP Enterprises Inc. posts a loss of $34.7 million in the quarter as the company continues to see challenges stemming from COVID-19.
