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Articles

QuickTake: Report Card on Distribution Business Models

Time for a check-up on the state of the industry as 2023 ends. Mike Marks and Tom Gale review the shifts – seismic and otherwise – that have shaped the competitive landscape across the dimensions of sales channels, digital, data analytics and culture.

Mergers & Acquisitions

News

MCE Acquires Parker Subsidiary Filter Resources in Texas

In its eighth acquisition of the year, Motion & Control Enterprises has added Pasadena, Texas-based process filtration product distributor.

Power Transmission/Motion Control/Fluid Power

News

Report: Timken to Close Kansas Belting Plant in 2025

It’s one of two Timken Belts factories, and follows the closing of South Carolina bearings plant this year.

Mergers & Acquisitions

Articles

November M&A Roundup: Strong Pace Halts at Thanksgiving

We reported on 28 industrial, commercial and building supply M&A deals during the month by distributors and manufacturers, with all but two of them before Nov. 23.

Motion and Flow Control Products

News

Motion Names New Automation Intelligence Leader

Joe Esposito takes on the new role with over 25 years of experience in industrial automation and manufacturing.

Staffing Changes

News

Allient CFO to Retire in Late April

New York-based manufacturer Allient will begin its search for a new Chief Financial Officer. Current CFO Michael Leach will retire in 2024.

Strategy

Articles

Fastenal’s Big Pivot, Pt. 2: Sales Specialization & Realignment

In part two of his three-part detective series, John Gunderson examines the role Fastenal's sales specialization and realignment programs played to drive a decade-long performance increase.

Strategy

Articles

How Fastenal Made the ‘Big Pivot’ that Paid Big Dividends

In the first of a 3-part series, John Gunderson goes detective-mode to examine Fastenal's transformation from a branch count-heavy distributor to one prioritizing integrated supply and self-service.