The new facility will serve as one of five distribution centers across the country, with operations expected to begin in summer 2025.
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The eCommerce platform offers a range of industrial and MRO products for light manufacturers, warehouses and other industries.
It was the company’s best month since December 2023, led by particularly strong growth from manufacturing customers and in fastener products.
International Conveyor and Rubber offers conveyor belt sales, installation, repair and maintenance service to customers from seven locations.
With a market size estimated at $907 billion in 2024, the MRO industry continues to be a critical component of the U.S. economy. In this year's U.S. MRO Market Trends Report, we define a market that has demonstrated remarkable resilience amid global economic fluctuations.
With the dust settled on the merger of Lawson Products, TestEquity and GexPro Services to form Distribution Solutions Group, we explore the rationale for the transaction and path forward with a DSG board member who helped spearhead the combination.
CH Peters is a Racine, WI-based distributor of precision tools and solutions across various industries.
The partner agreement enhances WINA’s CPS kanban solutions with AI-powered track and trace technology.
The former Lawson Products leader joins to discuss what he misses most about day-to-day CEO life (and what he doesn’t); the industry’s biggest changes; what he’s most proud of; and what he’s keeping an eye on.
It suggests that broader demand for industrial and construction supplies remains subdued heading into 2024's closing months.
Acquisitions earlier in 2024 and prior accounted for a healthy annual sales gain, emphasizing the strategic expansion of its customer base.
The company attributed its decline in sales to a challenging demand environment and continued softness in its core customer base.
Stoney Creek Hydraulics is a manufacturer of hydraulic and pneumatic cylinders and offers repair services to its customers.
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%.
Year-over-year sales and profit continued to slide at Motion, reflecting challenges in the industrial sector.
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.
The company refinanced its debt with a Senior Secured Term Loan B, securing $105 million to support future growth initiatives.
Oxford, AL-based Alabama Industrial Distributors is a distributor of safety, MRO and power transmission solutions.