Get a recap of which companies and individuals were honored at the buying group's AD North American Electrical Meeting in mid-October.
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It gains the distributor two locations and 44 employees.
Amid a sea change in employer-to-employee power dynamics, distributors have had to be much more strategic with their hiring and retention practices. We gather key takeaways on this front from Alex Chausovsky.
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Ryerson adds Cerritos, California-based Hudson Tool Steel Corp.
Modest year-over-year increases in the previous quarter moved to declines in the company's 2024 first quarter, including a 4.9% organic revenue decline year-over-year.
It’s already the third deal since BradyIFS and Envoy Solutions completed their landmark merger at the end of October.
It adds five locations across Texas, Oklahoma and New Mexico.
The combined fluid conveyance and sealing solutions distributor now comprises 30 locations across 13 states.
Nearly 1,000 attendees across AD's three electrical divisions convened in Grapevine, Texas over Oct. 18-20 for three days of collaboration.
It’s the eighth deal of the year for the fluid power, hosing and industrial products distributor formerly known as SBP Holdings.
Spending was up 10.7% year-over-year, with nonresidential constuction up 20% from a year earlier.
Serving the southwest Washington and Portland markets, it joins 13 other Ferguson DCs in the U.S.
It’s one of two Timken Belts factories, and follows the closing of South Carolina bearings plant this year.
CD&R advisor and White Cap CEO John Stegeman becomes chairman of Veritiv upon the transaction closing.
The figures indicate that demand remains soft and production execution was slightly down compared to October.
Over the past decade, Scott McDaniel has held leadership roles at Optimus Solutions, Wurth Industry North America and Anixter.
The service aims for delivery within two hours or less from the time of order placement from a local Parts in Town location.
We reported on 28 industrial, commercial and building supply M&A deals during the month by distributors and manufacturers, with all but two of them before Nov. 23.
GDP growth was revised up from the 4.9% issued on Oct. 26.
In just 12 years, Kodiak Building Partners has gone from inception to No. 11 on our Top Building Materials Distributors List. CEO Steve Swinney details how enabling local empowerment has keyed that growth.
