As part of a planned transition, Jim Ruetz will be stepping down as CEO.
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The distributor is opening new locations in Texas, Maryland and Ohio.
Darrell Cole has been with UDG for 43 years.
The acquisition expands the companys residential water treatment business.
MDM's top news briefs from News briefs from January 26 - February 10, 2019.
Wholesale revenues, inventories and ratios from November 2018.
The MDM Market Snapshot, based on data from MDM Analytics, includes market demand for Power Tools in the U.S., plus the top end users by 6-digit NAICS.
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This is the PDF of this issue of Modern Distribution Management.
Table of Contents:
- Shutdown Ends, Federal Business Questions Remain
- Commentary: 3 Lessons for Distributors from Dental Industry Lawsuits
- Antitrust Actions Hit Dental Distribution Hard
- MDM Interview: The Transformation Journey of Lawson Products
- Monthly Wholesale Trade Data: November 2018
- Market Snapshot: Market Demand for Power Tools
- MDM News Digest 4903
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Orders for machine tools and related equipment rise 19 percent year-over-year, but December shows monthly decline.
Industrial gases distributor expands national network with purchase of large independent company.
Distributor adds Tom Schmitt as non-executive director, effective February 2019.
Building products distributor opens branch in Gloucester, Virginia.
The deal creates the largest master distributor of standard pipe products in the United States.
Distributor expands specialty contractor offering, will open 13th national distribution center this year.
Company continues to integrate Allied Building Products acquisition; reports net loss for quarter.
Patrick Hurley will serve as senior vice president and chief technology officer.
Company reports solid performance in 2018 despite year-end slowdown.
Company reports strong fourth quarter and full-year performance in 2018.
Fiscal second-quarter increase led by growth in the companys pharmaceuticals segment.