Mike Marks outlines the reasons companies should attend MDM’s Sales GPS conference in Chicago this November.
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
Three of the biggest challenges distributors face to better understand how companies should proceed with technology investment.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
The company, known collectively as Green Brothers, serves the greater Atlanta market with four locations focused on the distribution of landscape supplies and hardscapes to landscape professionals.
The new branch will be Dakota Supply Group’s 12th location in Minnesota and 44th across six states.
Currently VP of sales and marketing for Quality Electric Distribution, Jansen will take over as president on Sept. 1.
The distributor’s earnings and revenue beat wasn’t surprising given a favorable comp, but a handful of tailwinds are keeping Applied’s optimism intact heading into the new fiscal year.
Not if they don’t adapt to the changing marketplace dynamics.
To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.
The private equity firm announced it has invested in the Utah-based distributor of packaging supplies.
Heritage Pool Supply Group, a platform of the landscape distributor, has added Aqua-Gon Inc. to its portfolio.
Wholesale trade shows improvement from same month in 2020 and was also up from the previous month of May — albeit at just 2% — according to the latest report from the U.S. Census Bureau.
Sales for the Canadian distributor increased 8.2% in the first six months of 2021.
The electrical, communications and data networking products distributor also posted a 115.9% increase in profit to $80.1 million.
The company will build a 1 million-square-foot site in Port St. Lucie, Florida, which is expected to open in 2022.
Bearings manufacturer RBC Bearings did see its profit grow 14.6% in the period.
Beacon also reported a third-quarter profit of $70.5 million, compared with a $12.7 million loss in the year-ago period.
The latest addition to Atlas Copco’s portfolio, CPC Pumps International Inc., serves customers in North America and had 2020 revenue of US$44.8 million.
Year-over-year, the goods and services deficit increased $4.8 billion, or 6.7%, from May.
Arrow reports that global sales of electronic components and solutions increased 40% to $6.6 billion.
Fastenal’s reported daily sales for the month were up 9.7% versus a year as its sales mix continued at its normal levels.
Dallas-based building materials distributor Builders FirstSource, still riding the momentum of its merger with BMC Stock Holdings, reported another strong quarter.
