The company attributed its decline in sales to a challenging demand environment and continued softness in its core customer base.
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These reports deliver a wealth of wholesale distribution economic metrics and dealmaking analysis covering July-September.
While a tentative wage agreement ended a strike in October, the parties are still divided on key issues, such as port automation.
Stoney Creek Hydraulics is a manufacturer of hydraulic and pneumatic cylinders and offers repair services to its customers.
The company attributed the profit decrease to continued investments in its business transformation.
The company's overall sales decrease was attributed to SBD's Infrastructure divestment earlier this year, and lower consumer demand.
He brings over 30 years of experience in sales management and technical expertise to the role.
F3 Aerospace is a manufacturer of structural aircraft components and assemblies.
QSC is a manufacturer of large, transformative audio, video and control solutions.
The company appointed a new executive VP, leveraging his extensive industry experience.
CRC is a distributor of polymer sealing solutions and related services.
Fort Worth, TX-based Cohn & Gregory is a distributor of pipes, valves, fittings, flanges and other industrial products.
The replacement tires supplier secured a $250 million financing agreement with a lender group to support its restructuring efforts.
The company reported a slight increase in sales to $1.1 billion, driven by acquisitions, offset by mixed demand trends.
Although sales decreased, the full-year gross margin increased by 70 basis points compared to the previous year, reaching 41.2%.
NEFCO strengthens its Texas presence with the acquisition and expands to 43 branch locations in the U.S.
HCI has formed Driven Distribution Group via acquiring Chicago Parts & Sounds, a distributor of auto parts and accessories.
Southern California-based Triumph Geo-Synthetics is a geosynthetics and erosion control solutions distributor.
The company’s 3Q results showed stronger unit sales and digital growth, despite slight decreases in gross and operating margins.
We polled nearly 200 distributors about how their budgets for attending industry events has changed in the past several years. Here’s what the data told us.