U.S. manufacturing corporations' seasonally adjusted after-tax profits in the first quarter of 2022 totaled $261.9 billion.
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Kansas-based Level5 is expected to join Worthington’s collection of tools for both professionals and DIYers.
'XPS complements our significant recent investments in the e-commerce fulfillment and shipping space,” Descartes’ CEO says.
On June 8, Winsupply will hold its grand opening for a new regional distribution center just south of Oklahoma City.
The company says the deal will play a critical role in PDI’s Southeastern expansion plans by expanding locations in Georgia.
It comes a month after a merger between Lawson, TestEquity and Gexpro Services and a week after Lawson reported strong 1Q earnings.
Today’s podcast and summary in this edition of MDM Update is Elizabeth Galentine's last contribution for MDM. We’re sorry to see her go but excited for the next opportunity she is pursuing. Elizabeth has been MDM’s editor-in-chief for four years and has guided our content through very disruptive times. (She banned the team’s use of "unprecedented" to describe events of 2020.) That’s just one example of her thoughtful approach to cutting through noise and jargon — one of the hallmarks of our coverage of this industry since 1967. The team at MDM will miss her, and we wish her the best in her next venture!
Electrical giants clear regulatory hurdles as Anixter becomes wholly owned subsidiary of WESCO.
The industrial distributors Director of Organizational Development Cory Calderon sees a post-pandemic future with a hybrid remote/onsite work environment, contingent upon scalable software applications and technology upgrades.
Electrical distributor makes handful of executive appointments and promotions.
After 22 years as CEO and 38 years with the company, Derrow will transition to chairman.
All four broad categories of indicators used to construct the index made positive contributions in May, and all four categories increased from April.
Company says divestment will help remained focused on profitable growth in key geographies.
Ohio-based industrial distributor promotes Todd Karas to top marketing position.
Latest report shows U.S. cutting tool consumption down 24.7% from previous month of March.
COVID-19 stymies regulatory approval, preventing deal from reaching finish line.
PRI dips 8.5% for the week of June 8-12, indicating distributors are still struggling during pandemic.
In many cases, distributor sales people report that they cant remember the last time they have reviewed their pricing with their leaders. MDMs John Gunderson shares five steps pricing teams take to maintain margins.
Housing starts also down compared to year-ago period but up compared to April, according to U.S. Census Bureau data.
Company to use proceeds of $133 million for further debt reduction.
