SRS is a new corporate member for the association that aims to empower women as they develop careers in the trucking industry.
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It mark's the construction supplies distributor's seventh bolt-on since 2017 and third in 2022.
Our long-awaited annual rundown of the top distributors across 17 industrial, construction and commercial products sectors is available to view and download.
Birte von Schwarzenfeld joins Beacon after spending the past 3.5 years in executive roles at Hilti Group.
It was a notable acceleration from the building products distributor's 1Q growth, achieving company records in sales, profit and profit margin.
Core organic sales comprised half of the distributors' 24% sales growth year-over-year.
MDM’s new report, Markets Forecast, offers quarterly revenue projections for the wholesale distribution industry, plus breakouts for select categories, for the current calendar quarter and the next fiscal year. The inaugural Forecast looks at post-pandemic projections for distributors as a whole, plus specific sectors.
MDM’s quarterly survey in partnership with investment banking firm Baird reveals that distributor revenues decelerated sharply in 2Q but not as bad as feared at the beginning of the pandemic shutdown. One consensus among more than 550 participants: Distributors began rethinking the way they manage talent.
Residential permits grew 0.4 percent; nonresidential increased 32.5 percent.
Total investment falls in six provinces.
Economist: Few metro areas have exceeded previous peak.
