The chief marketing officer for the industrial distributor took that approach to heart during COVID, and on our latest podcast, he shared how the company has innovated to benefit itself and — most importantly — its customers.
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
The company doubled its profit during the quarter as “momentum across our business continues to accelerate,” according to the CEO.
Bearing manufacturer SKF also sees sales improve 10.7% in first six months of 2021 as the company rebounds from a COVID-driven slowdown.
And housing starts are up compared to year-ago period and the previous month, according to the latest residential construction report from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Carlisle is paying $1.6 billion to acquire Henry Co. from the private equity firm American Securities LLC.
Ingersoll Rand has confirmed that it’s made two offers to acquire SPX Flow but so far the company has rejected them.
Profit for the Swedish manufacturer Atlas Copco increased 46% over the prior-year quarter.
The pandemic has provided a unique opportunity for companies to prove their value in the supply chain — and they can look to Aerosmith and Gwen Stefani as examples.
The new PE owner of the recently formed bearings supplier will look to expand the company’s reach and capture additional market share through organic growth and acquisitions.
The distributor’s revenue was flat in 2Q as safety sales dipped, but it beat analysts’ EPS expectations behind solid construction activity and increased digital sales.
"The absence of pandemic-related impacts produced significant shifts" in Fastenal's product mix, meaning fastener sales were up and safety sales were down.
The service provider for distributors has added the material handling equipment, systems and robotics firm to meet growing market demand for automated solutions.
Building materials distributor adds Acorn Roofing Supply, Prairie State Exterior Products, and 55 Building Supply to its portfolio.
The distributor’s CMO Klaus Werner helps the company to thrive online during COVID-19 adversity.
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The industrial distributor’s technology manager Matt Hanlon has been driving digital transformation for his entire career.
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The MRO distributor has committed to reinvest the money it’s been saving into growth initiatives. Based on fiscal 3Q results, the company’s plan is working.
The acquisition gives the employee-owned HVACR distributor a total of 21 branches operating in Missouri, Kansas, Colorado and Nebraska.
The Dallas-based building materials giant is unloading the business to L&W Supply for an undisclosed amount.
The newest addition to the Winsupply family has five locations in Massachusetts and Rhode Island.
With the deal, announced in May, US LBM adds more than 70 locations in Arizona, Arkansas, California, Colorado, Minnesota, Missouri, Nevada, Washington and Wisconsin.
