Weak fastener sales continue to weigh on overall results, though the company indicated that customer acquisition efforts remain encouraging.
Latest In Facilities Maintenance (MRO)
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.
Barry Litwin has been the distributor’s top executive since early 2019 and has overseen considerable company innovations in his tenure.
The company updated corrective actions it's taken in the wake of complexities in MSC's web pricing realignment rollout from earlier this year, which directly weakened sales and profits.
The two companies had combined revenue of just over $20 million in 2023 and have 58 employees.
Ebbert has experience representing manufacturers in the STAFDA, industrial and heavy construction markets.
MSC cited complexities in its web pricing realignment rollout as hurting March-May results, alongside weakness in heavy manufacturing.
Having retired at the end of May, Ted Cowie joins to reflect on evolving sales strategies during his four decades in the industry, particularly in his 10+ years at Motion.
Andrew Stamp takes over sales leadership of the 117-year-old manufacturer.
It flipped from a strong 4.9% monthly gain in February.
The industrial pure wholesaler was launched in 2017, catering to distributors and other resellers.
Company veteran Yana Popa takes over top leadership for Germany-based Würth's Canada operations.
Industrial parts distributor HVH Industrial expands power transmission and motion control offerings in North Jersey.
NTS will operate as a division of Abrasives & Tools of N.H.
It's already the ninth deal announced by Imperial Dade in 2024.
It marks Blackhawk’s 11th deal since the start of 2022.
It was another deceleration as daily sales declined sequentially vs. March in all three of the company’s geographies and product lines.
Growth in DEWALT and Engineered Fastening was more than offset by lower infrastructure volume and "muted consumer and DIY demand."
Lawson has acquired S&S Automotive, an auto and industrial parts supplier based near Chicago.
