The value of 2023 total construction was up 7.0% from 2022.
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Fargo, ND-based electrical supplies distributor Border States named Jason Stein as Chief Information Officer.
The MRO supplies distribution giant expects the 1.2-million-square-foot facility to open in 2026.
October-December Avnet sales fell 5.5% year-over-year in the Americas.
For the year, member distributors saw overall 12-month sales decline by 0.3%.
Joyce Orlob Evans — the daughter of the company's founder — played an active role in the MROP distributor throughout her life.
Electrical materials supplier Independent Electric will rebrand and restructure to enable more efficient operation.
Fellow private equity firm American Securities, which acquired FBM in 2021, retains a majority stake in the distributor.
Terabytes of data were stolen from manufacturing giant Schneider Electric’s sustainability division in a ransomware attack on Jan. 17.
Proton describes it as the first conversational AI chatbot designed specifically for distributors and exclusively for Proton CRM customers.
The company is bringing its full scope of PVF product and more to a 40,000-SF facility near the Indianapolis International Airport.
Food distributor and supplier PFG's renewed and expanded New Jersey facility will service its Mid-Atlantic operations for Vistar.
Mill-to-market corrugated packing manufacturer Hood Container acquired Sumter Packaging Corp. in the Southeast.
Automotive fastener manufacturer MEIDOH moves to diversify its business with the addition of Arizona-based Pilgrim Aerospace Fasteners.
Despite the tense global economic and political climate, Germany-based industrial distributor Würth Group's sales grew by 2.4%.
Intercity Industrial Supply will offer an expanded product portfolio with the addition of industrial supplier SDI Supplies.
anyseals' streamlined operations have resulted in more competitive pricing on large-volume orders.
Exports of industrial supplies saw a healthy rebound from a November decline.
Following their biggest gain in 28 months during November, orders were virtually unchanged in December.
While the figure decelerated from 3Q23’s robust 4.9% growth, it easily topped forecasts and suggested continued economic resilience.