The acquisition of Advanced Industrial Supply is part of a flurry of acquisition activity in recent years to expand into new categories.
Latest In Facilities Maintenance (MRO)
While total sales growth continued to slow from earlier in the year, it still far outperformed the MRO market.
While MSC's June-August quarter ended with strong daily sales growth, it flattened to low-single digits in September and October.
It’s just the latest honor the MRO distributor has garnered during its centennial year of operation.
Industrial distributor Vallen was recognized for its "groundbreaking" ESG program, dedicated to building a diverse and inclusive culture.
Industrial supplier Kimball Midwest's Newtown Distribution Center serves customers in the northeastern region.
The Melville, New York-based MRO product and service distributor first announced its reclassification plan in June.
We extract key takeaways from the plumbing, HVAC, PVF and industrial supplies distribution giant’s earnings call on Sept. 25.
HD Supply named Marc Brown CEO. Brown most recently served as The Home Depot's Senior Vice President of Supply Chain.
It's the distributor's second deal in as many months, further boosting its Industrial Parts and Engineered Repair Services business units.
Mike Hockett analyzes the MRO products giant’s physical presence, which has surpassed 30 million square feet.
The MRO products distributor's project will create at least 250 full-time jobs by the facility's sixth year of operation.
After re-acquiring HD Supply in 2020, The Home Depot reveals plans for the MRO distributor’s role in expanding market reach.
MRO distributor HD Supply has closed its first acquisition since being re-acquired by Home Depot in late 2020.
Excluding Global's $69 million acquisition of Indoff that closed in May, 2Q sales were down 5.2% year-over-year.
The industrial distribution giant's results seemed to outperform the rest of the sector, with a sequential revenue growth slowdown more subdued than what others have reported in this earnings cycle.
K-C Professional posted second-quarter sales of $887 million, an 11% increase year-over-year and 13% organic sales growth.
Operating margin improved year-over-year across all three key business units, while the pace of organic sales declined.
The industrial parts distributor's profit margin grew 190 bps year-over-year despite sales growth that was less than half that of 1Q.
“The tone on the ground is one of leveling rather than significant declines,” said MSC CEO Erik Gershwind during a June 29 3Q earning call.
