Jaime Ramirez steps down as EVP and president in tools & storage, while Robert Raff leads tools as acting EVP and president.
Posts By Mark Powell
During the second quarter of 2022, MDM podcast guests covered an array of topics that included sales transformation, transparent communication practices and shifting leadership roles in distribution.
The distributor also said annual revenue is now targeted at $3.3 billion, up from the previous guidance of $3.1 billion.
It's the 11th bolt-on deal for BradyIFS since Brady and Individual FoodService merged in 2020, and it raises the company's annual revenues to more than $1.3 billion.
Wolfpack said the deal has been in the works since early 2022 and will be an important step forward in its expansion efforts.
The facility will house a wall-coatings tint line to provide custom-color material and an accessories store for grab-and-go application tools.
Romar Supply, which has nearly 100 employees, has been a wholesale distributor of mechanical and industrial PVF and steel fabrications.
We look back at the blogs, articles and news items that attracted the most attention during the second quarter of 2022.
The company named Paul Woodard as district vice president for Graybar’s Atlanta District, effective July 11.
Michael Hall was promoted to territory sales manager, and Lisa Percival was promoted to inside sales lead.
Bolt-on acquisitions have been infrequent for the metalworking and MRO supplies distributor, which acquired Engman-Taylor in early June. Read more about the past month’s M&A activity.
The Specialty Tools & Fasteners Distributors Association’s annual show is scheduled for Oct. 30 through Nov. 1.
Plans to break the company into separate B2B and consumer-focused entities remain on hold, though board members did approve a realignment of existing operations.
Avnet says the strategic partnership with AWS will help OEMs of IoT solutions ‘accelerate their time to market.’
Miller’s third-generation owners are expected to remain in their leadership roles, according to industry reports.
The DPA Buying Group held its annual Buying & Networking Conference in Fort Lauderdale, Florida, which drew more than 500 attendees.
The ABC analysis comes around the same time it was announced that construction prices rose 2.3% in May compared to the previous month.
During a recent webcast, MDM CEO Tom Gale and White Cup VP of Business Development Brian Friedel discuss how finding the right CRM can help companies create a revenue-driving machine.
WESCO International announced the upcoming retirement of Ted Dosch, executive vice president, strategy and chief transformation officer.
Last year’s momentum carried over into a strong first half of 2022 for many distributors. But a mishmash of headwinds and tailwinds reveal uncertainties for the rest of the year and into 2023, economist Brian Lewandowski and MDM’s Tom Gale discuss in a new webcast.
