It will divest the industrial MRO unit out of Wesco, while considerably bolstering Vallen's product and services offerings.
Posts By Mike Hockett
The ISA24 conference is rapidly approaching on April 15-17 in Charlotte, NC. As a primer, we chatted with CEO Brendan Breen on what to expect from the agenda, what he's hearing from ISA members and what gives him hope about the industry.
Following his three-part article series, we had John Gunderson on the podcast for a deeper dive into Fastenal’s move from a company dependent on a nationwide branch network to one that emphasizes embedded customer service.
With 2023’s final wholesale trade numbers accounted for, see how the sector fared compared to previous years, and our latest 2024-2025 revenue expecations by industry vertical.
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North American full-year sales reached nearly $8.9 billion for a 4.0% annual gain. See our in-depth breakdown of Rexel's financials.
The restructuring includes a voluntary retirement offer and "rationalization and optimization" of certain DCs, stores and other facilities.
Distributors won’t be able to pass along price increases in 2024 at nearly the rate of 2021-2023. So, the 4Q23 Baird-MDM Survey asked distributors how they see supplier pricing impacting gross margin.
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Using charts from our 4Q23 Baird-MDM Survey conducted in the first half of January, we illustrate what this year’s sales growth expectations are for distributors across five key customer end markets.
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NAW’s 2024 Executive Summit was its most well-attended such event in years, and its content delivered in spades. This episode features interviews with attendees on their top takeaways, initiatives & more.
The company saw a sharp deceleration in daily sales, hampered by weather impacts during the month.
Sources told the Wall Street Journal that a Consumer Protection Safety Commission vote could make Amazon liable for the safety of third-party products.
The figures reflected a broader industrial supply demand slowdown, though Grainger's 4Q growth deceleration was less than most public firms that have reported so far. Get our full breakdown here.
Bought for $146 million, Friulair has 215 employees and has annual revenue of about $65 million.
SBD's Tools & Outdoor segment drove the overall margin improvement, as Industrial dipped slightly.
January's figure still indicated contraction for a 14th consecutive month, but at a much slower pace than almost all of 2023.
Fed Chair Jerome Powell suggested that a rate cut issued at his committee's March 19-20 meeting is unlikely.
It follows several years of transformation for the distributor of fluid handling, sealing and material conveyance supplies and solutions.
In the past 2 years, Singer Industrial divested a business unit, rebranded, made over a dozen acquisitions and added plenty of greenfields. CEO Craig Osborne tells us how his company has handled it all.
Plenty of big-name distributors were involved in MDM's M&A news coverage during January.
More resources, more access and more firepower is just the start.
