The agreement likely averts any major consumer-level impact on prices and delivery timelines.
Posts By Mike Hockett
In the wake of Hurricane Helene, we gathered commentary from numerous distributors with locations that were in its direct path
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A solid but unspectacular volume month featured the news of two top electrical distributors combining.
With our marquee thought leadership event fresh in mind, MDM Editors Mike Hockett and Vesna Brajkovic debrief what stood out to them from the event and take a look forward to SHIFT 2025 next May.
It results in a combined entity that represents more than 700 independent electrical distributors in the United States. Get the full details here.
What homework precludes your hard-earned expansion into a new state? We spoke with a distributor well-versed in recent growth to learn what has been involved.
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We consulted a legal expert well-versed in DEI legal policy and advisement on how leadership teams can navigate what could become a tricky situation.
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The firm cited a 650% increase in Mexican imports of steel conduit since 2018 for the forthcoming closure of its Wheatland, IL plant.
Month-to-month, the revenue outlook for 2024 improved modestly, while 2025’s had a healthy increase. See those figures plus an updated GDP forecast here.
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Though still soft by Fastenal’s historical standards, August was a rebound from July. Get MDM's full breakdown here.
Combining MDM's No. 2 and 21 Top Electrical Distributors, it will net Sonepar 23 branches in the southern and southwest U.S. and over 700 associates.
We chat with John Gunderson, who authored our three-part analysis series and subsequent case study report on Wesco's recent and ongoing transformation as North America's top electrical distributor.
Another active month has 2024 far outpacing 2023's activity. Get caught up on all of August's distributor M&A news here.
We're off Monday for Labor Day, and we hope you are too. Our Update newsletter will be back in action Tuesday morning.
Family-owned MRO and JanSan distributor 1st Ayd's field sales model emphasizes freedom and entrepreneurship. Company President Tommy Schreiner tells us what it takes to make that work.
Fastenal launched an AI-upgraded chatbot in June, and is currently building a sourcing tool — both intended to help its staff. Get the details here.
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The U.S. Federal Reserve Chairman gave his strongest indication yet that the central bank is poised to begin cutting its benchmark interest rate in September.
With demand softness lasting longer than any industrial distributor would prefer, we examine recent executive commentary and numerous economic indicators to make sense of business conditions.
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Our recent discussion with Andrew Brown addressed how distributors stand to benefit from supporting skilled trades while debunking myths associated with them.
MDM Editors Mike Hockett and Vesna Brajkovic analyze the immense value this year's SHIFT conference provides; their biggest takeaways from the 2023 version; our 2024 agenda highlights; and why you should be there.
