MRC Global's U.S. subsidiary will be the primary provider of pipe, valves and fitting products and services to ExxonMobil in North America.
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Ferguson said weakness in certain commodity categories persisted in the quarter, driving overall price deflation of about 2%.
Recent acquisitions drove most of the growth, more than doubling that of 4Q23.
The distributor's Skypod system will consist of over 43,000 storage bins, 36 robots, three picking stations and three induction workstations.
1Q U.S. sales actually increased 2% year-over-year, driven by DNOW's acquisition of Whitco Supply that was completed during the quarter.
The 308,000-square-foot facility is projected to open by the first quarter of 2025.
BlackHawk Industrial accelerates expansion efforts with two key additions to its national supply chain solutions vending operations.
We update on where Ferguson is at in its MDC rollout plan that will place smaller distribution centers closer to pro customers in major metro areas.
Waterworks and industrial supplies distributor Core & Main will expand high-density polyethylene product capacity with the addition of GSC.
TFC, an AFC Industries company, acquired the UK-based rubber seal supplier Supaseal to add O-ring and seal capacity.
With the addition of Southwest Fastener in 2023 and now Unicoa, NEFCO is one of the largest local construction supply distributors in Phoenix.
The addition of the pressure and temperature instrumentation product distributor will expand MCE's flow control footprint in the mid-Atlantic.
Core & Main plans to expand its product offering and service capabilities in the underground utility industry.
The addition of Deep Casing Tools will expand DTI's presence both domestically and internationally and enhance its product offering.
CNC components maker Genesys gains a manufacturer of threaded and flanged aluminum pipe fittings and hardware.
The PVF supplies distributor’s November-January sales increased 4.8% year-over-year.
The acquisition of ACF West will extend Core & Main's distribution reach and enhance its geosynthetic product and service offerings.
The addition of Pro-Seal complements DXP's rotating equipment division and expands its geographic footprint.
Gary Michel fills a vacancy on Global Industrial's board left by Thomas Suozzi, who resigned after being elected to the U.S. House.
Overall 4Q and full year profit spiked on a deferred tax benefit, while sales continued low single-digit annual growth.
