Government data showed a third straight monthly increase in October, and accelerated from the previous two.
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Huntington, NY-based Kleet Lumber is a distributor of lumber and building materials, including doors, windows, roofing and more.
The company said it opened the new hub to boost leadership and product development for its automotive storage division.
Quikrete will pay $52.50 per share to acquire Summit Materials. With support from Summit’s largest shareholder, Cementos Argos.
STAFDA appointed new leadership roles during its 48th Annual Convention, with key positions including President, VP and board members.
ABC reported increases in all three subcategories: natural gas, unprocessed energy materials and crude petroleum.
Colorado-based Summit Materials is a supplier of construction materials such as ready-mix concrete and asphalt.
HD expects SRS to contribute approximately $6.4 billion in incremental 2024 sales, according to the company's updated 2024 outlook.
It suggests that broader demand for industrial and construction supplies remains subdued heading into 2024's closing months.
The year-over-year sales decline widened from that of 2Q24, driven by weaker Multi-Family results.
It expands NEFCO's operations to 59 locations across 28 states and enhances its next-day delivery capabilities for contractors.
A second straight monthly increase put the total at a healthy increase both year-over-year and year-to-date.
NEFCO strengthens its Texas presence with the acquisition and expands to 43 branch locations in the U.S.
The company promoted an industry veteran with 25 years of experience at Fastenal to the newly created position.
Get a complete breakdown of the distributor's September and 3Q financials, which point to a demand uptick for the industrial supply sector.
Despite a 4.1% increase year-over-year, August spending declined month-to-month.
The Evergreen Supply Network recognized five distribution members and five manufacturers as the 2023 Members or Preferred Suppliers.
While up year-over-year, it declined monthly from a flat June.
GMS' organic sales declined in 1Q25, and it added Florida-based R.S. Elliot Specialty Supply earlier in August.
HGAP expands its footprint in the U.S. with the acquisition of Longview, TX-based Air Power Sales and Services.