The American Supply Association’s Alice A. Martin Woman of the Year Award was presented to Suzanne Chreene.
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The Michigan-based company says it increased 1Q net sales by 8.5%, with record sales in TriMas' Packaging group.
Growing demand for supply chain orchestration is ‘driving strong financial performance across our global business,’ CEO says.
The company reported 2022 1Q operating income was $12.1 million compared to operating income of $4.8 million in the prior-year quarter.
The number of mergers and acquisitions in distribution/manufacturing climbed in April after plateauing during the first three months of 2022.
The industrial distributor reported 2022 first-quarter sales of $3.6 billion and operating earnings of $534 million.
The Census Bureau says the international trade deficit was $125.3 billion in March, up from $106.3 billion in February.
The truck parts and service distributor says it has acquired the assets of Murray’s Diesel Repair in Shreveport, Louisiana.
The first electrical equipment distribution marketplace for professionals in France confirms Sonepar's 'omnichannel ambitions,' it says.
South Carolina-based New South Construction Supply, LLC says it signed a letter of intent to acquire American Contractors Supply.
The Chicago-based distributor acquired the assets of DWS Building Supply with two locations in Texas and New Mexico.
In what it called ‘record’ first-quarter results, Graybar reported a 116.5% increase in net income attributable to the company.
The organization says Marisol Fernandez will be returning to the company as president of its Electrical and Industrial Business Unit.
During the first three months of its 2022 Fund Drive campaign, the PTDA Foundation raised nearly $120,000, the organization said.
The company said this year it will broaden its High School Welding Education Initiative, which includes 16 new schools.
The Wisconsin-based manufacturer reported more than $1 billion in sales and a diluted EPS of $4.00 for the first three months of 2022.
Miami-based HVACR distributor Watsco Inc. reported 34% sales growth to a record $1.52 billion for the first three months of 2022.
How can companies enhance their bottom lines by employing better digital strategies? MDM chatted with Stellar Industrial Supply’s John Wiborg and Mass Ingenuity’s Aaron Howard during a recent webcast to answer this and similar questions facing distributors.
The engineered and applied products manufacturer this past week declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock.
The water treatment and sustainability provider says its 2022 first-quarter sales were up 15% compared to the same period last year.
