Company founder David Patterson will become Executive Chair, while Raymond Aronoff will take over as President and CEO.
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It gains BFS a single-location manufacturer that serves the Dallas-Ft. Worth metro area.
It expands Team Air's footprint in Kentucky and adds capabilities to its HVAC distribution network.
LL Flooring will begin closing its remaining 200 stores on September 6 and liquidate its assets, following a failed attempt to secure a buyer.
It expands US LBM's Colorado footprint, enhancing its product and service offerings in the Denver metro area.
Rotunda Capital Partners has acquired a stake in the Miami, FL-based PVF distributor.
Wolter Inc. expands into the Southeast U.S. with its acquisition of DMHS in Atlanta.
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.
It expands TIPCO's North American footprint to 34 locations across 16 states.
Veritiv plans to purchase Orora Packaging, enhancing its packaging and supply chain capabilities with OPS’s North American presence and global operations.
Chattanooga-based Power Supply Company expands Cape's reach and service capabilities in Tennessee, Georgia, and Alabama.
Driven by major gains in transportation equipment, July factory orders posted a strong rebound after decreases in June and May.
Acquisitions drove sales growth while lower customer activity and adverse weather hurt profitability.
FBM bought the New Jersey-based company from Dunes Point Capital.
Endries International expands its reach in the aerospace, defense, and medical sectors with the acquisition of ServTronics.
ECMD expands its building materials portfolio with Falls City Lumber, representing the ninth distributor on its platform.
Do it Best has enhanced its eCommerce platform by adding lumber, aiming to increase member sales and meet consumer demand online.
Despite an August uptick that ended four straight months of decline, the latest reading indicated U.S. manufacturing continues to see weak demand.
While up year-over-year, it declined monthly from a flat June.
We're off Monday for Labor Day, and we hope you are too. Our Update newsletter will be back in action Tuesday morning.
