Chem Arrow is a California-based supplier of lubricants to the HVAC market.
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The tentative agreement omits a traditional pension plan while Boeing contends with workforce reductions and financial restructuring.
The report shows a decline in housing units and starts, despite a slight increase in single-family authorizations.
PTDA strengthened its support for distributors in the power transmission sector with the addition of ComInTec, UNIMEC and BearingBank.
SuplpyOne expands its presence in the Southeast U.S. with the acquisition of Alabama-based supplier of corrugated boxes and displays.
The company promoted an industry veteran with 25 years of experience at Fastenal to the newly created position.
Ontario, CA-based Bristol Machine is a distributor of fastening systems and products.
Following statements from Orgill and the Hardlines Distribution Alliance, Do it Best reassured True Value retailers of its commitment to stability and support.
The company also announced a cost reduction program that includes cutting 1,800 jobs.
The company appointed a 25-year industry veteran to the newly-created role.
Following a solid August gain, September saw a decrease in production, driven by decreases in manufacturing, mining and utilities.
The company appointed a new President for its North Division, effective Jan.1, as the current president transitions to Executive VP and CCO.
The new Americas leader is a 28-year Rockwell veteran.
U.S. cutting tool consumption hit $209.3 million in August 2024 amid ongoing market challenges and uncertainty for 2025.
The company promoted a former Advance Electrical Supply owner to drive the company's growth strategy through strategic acquisitions.
Germany-based Ferdinand Gross Group is a distributor of fastening technology, with additional operations in Hungary and Poland.
The PVF distributor plans to repurchase its preferred stock for around $361 million, and shared its preliminary 3Q24 financial results.
The company aims to enhance customer service and create new opportunities for its associates with the consolidation.
The former vice president of the company brings extensive industry expertise and leadership to the family-owned distributor.
The company expands its concrete accessory and paving product offerings in the Michigan market with the deal.
