It marks the company’s 10th branch location and fourth addition in the past 18 months.
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Tamera Fenske joins the company after a 22-year career at 3M, where she most recently served as SVP of manufacturing and supply chain.
It may signal a return to typical demand patterns after two years of solid gains driven by foreign investment.
Our latest QuickTake podcast discusses how distributors’ roles go beyond reacting to threats and opportunities that many have been preoccupied with since the pandemic arrived.
Curt Holtz will oversee the PPE supplier’s five business units as of Sept. 13.
See the newly-elected board members for the Worldwide Cleaning Industry Association.
Poly loop solutions provider Revolution Company and trash containment provider toter have joined the fold at the construction/industrial distribution cooperative.
The video series documenting the human stories of distribution leaders and their workforce aired the first episode of its second season Sept. 8, featuring plumbing distributor First Supply.
STERIS and General Electric veteran Bill Warren joins the automated inventory management solutions provider.
It marks the fifth tooling acquisition the company has announced since the start of July.
It adds approximately $200 million in revenue and 900 employees to Timken.
Continued strong sales growth means the third quarter will likely be another windfall fiscal period for most industrial distributors.
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Red flags remain, but strong 2Q financial reports from major companies have quelled some immediate fears of a possible recession.
Darin Patrizi and Micah Carlton both bring over 20 years of relevant experience to their new roles at Summit.
We chat with Dee Merriwether, CFO of Grainger, which took the top spot on MDM’s Top 2022 Industrial Distributors list. Our conversation covers the MRO giant’s risk mitigation, pricing strategy, how analytics have shaped its digital offerings and more.
Ken Jacobson, who served as interim CFO in 2017-18, takes over financial leadership for the electronics distribution giant.
The days leading up to Labor Day weekend were jam-packed with news of acquisitions, staffing announcements and other developments. Here’s a recap.
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SBP has added Catawba Industrial Rubber Company and Coastal Hose & Rubber, which operate from Charlotte and Wilmington, North Carolina.
Indices for new orders and employment had solid month-to-month gains, while production, inventories and prices had notable declines.
Sales were up at least 20% year-over-year in all four of the company’s key product categories, though gross margin took a dip.
