It suggests that broader demand for industrial and construction supplies remains subdued heading into 2024's closing months.
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Founding the company with Arthur Blank in 1978, Marcus spearheaded its rapid growth over the next two decades.
It expands NEFCO's operations to 59 locations across 28 states and enhances its next-day delivery capabilities for contractors.
The company announced the opening of a distribution center in Dallas and the appointment of new President and CEO, effective Sept. 30.
The organic gain outperformed compared to other industrial distributors in the July-September period.
NEFCO strengthens its Texas presence with the acquisition and expands to 43 branch locations in the U.S.
Get a complete breakdown of the distributor's September and 3Q financials, which point to a demand uptick for the industrial supply sector.
A company memo says the policy will help corporate staff understand the challenges and opportunities that store workers face every day.
Ebbert Pacific has experience representing manufacturers in the STAFDA, industrial and construction markets.
The last of this three-part Premium series examines how the plumbing, HVAC and industrial distributor has leveraged Ferguson.com, Build.com and Ferguson Rewards
Though still soft by Fastenal’s historical standards, August was a rebound from July. Get MDM's full breakdown here.
Marshalltown, which supplies tools to retailers including Home Depot and Lowe's, will enhance its logistics capabilities with a new facility.
The company’s organic sales declined by 3.3% year-over-year, while SRS Distribution contributed $1.3 billion in 2Q net sales.
Growth continued to slide across all geographies, product segments and customer end markets.
ProDriven Global Brands positions the maker of ladders, safety equipment and tool storage in its next phase of growth.
CEO D.G. Macpherson noted a "slow, but generally stable" demand backdrop.
The milestone comes during the cooperative's centennial anniversary.
Watts has been with Fastenal since 1996 and has led its sales operations since May of last year.
The first in this three-part Premium series examines the state of electrical supplies distributor Wesco International, how it got to this point and the strategic pillars powering the organization.
Here's the condensed, free version of the first in a three-part Premium series that examines the state of Wesco International and the strategic pillars powering the organization.