ABC establishes the company’s first location in L.A. and the tenth in the surrounding region.
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Distribution segment volume, price and M&A each increased year-over-year, though volume was less than anticipated.
Beacon has made nine acquisitions so far in 2024.
Year-over-year sales declined by 1.6% after an increase in 1Q sales and organic growth.
Hilman promotes John Micheal Adinolfi to CEO, effective Jan. 1 of next year.
Ryerson expands its footprint in the New England region.
ProDriven Global Brands positions the maker of ladders, safety equipment and tool storage in its next phase of growth.
Net profit declined in 2Q, which the company partly attributed to its ongoing strategic transformation project.
PSE Group has grown to include more than 72 branch locations and four distribution centers throughout the U.S.
Timken expands further into the automation and robotic solutions field, after acquiring Cone Drive in 2018, Spinea in 2022 and CGI in 2024.
U.S. unemployment rose to 4.3% in July, higher than a year earlier when unemployment was at 3.5%.
The acquisition of Mexico-based Auge is set to enhance Lamons' ability to meet market demands across a regionally-focused supply chain.
Singer Industrial expands its footprint in North America to more than 100 locations with over 1,500 employees.
It was the second straight monthly decrease after May orders fell 0.5%.
HARDI reports a revenue increase for distributors in June, despite fewer billing days compared to last year.
It's MCE's 14th bolt-on since the start of 2023.
US LBM now runs 18 locations in Florida including this latest acquisition.
It completes a years-long corporate transition for the distributor of plumbing, HVACR, PVF and industrial supplies.
Missing economists' expectations, June was dragged down by both public and private construction.
Membership growth for the contractor and industrial supplies buying group has outpaced the impact of consolidation, AD CEO Bill Weisberg said.