The metalworking and MRO supplies distributor's fiscal year ended Sept. 3, and its strong momentum bodes well for the greater industrial supplies market.
Latest In Facilities Maintenance (MRO)
Tamera Fenske joins the company after a 22-year career at 3M, where she most recently served as SVP of manufacturing and supply chain.
Our long-awaited annual rundown of the top distributors across 17 industrial, construction and commercial products sectors is available to view and download.
Distributor excels in difficult environment with streamlined technology and new 3D printing capabilities.
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.
Construction and industrial sales decreased 1.1% in the fiscal first quarter.
Davis will remain a co-owner of AgoNow.
For the first six months sales increased 1.2% to $5.69 billion.
For the first six months sales fell 1% to $9.3 billion.
Current CFO Anthony Dodds takes on the role of president.
Organic sales increased 3% during the quarter.
Marshal is a full-service safety, environmental equipment and services company serving Indiana, Illinois, Kentucky and Tennessee.
The company will operate as Ferguson Facilities Supply, Dogwood Building Supply Division.
Fourth quarter sales were up 11.2 percent year-over-year.
Manufacturer reports modest sales increase in challenging business environment.
Distributor reports strong growth among large and mid-sized customers in the United States.
Trade Groups partner to enhance educational, training programs.
Sales for first six months were up 10.6 percent compared to prior-year period.
Robert A. Niblock will remain in his current role while home improvement retailer searches for new CEO.