Along with the cut, the central bank issued its projections through 2027 for the interest rate, inflation, GDP growth, unemployment and more.
Fed Lowers Interest Rate by Another Quarter Point Read More »
Allient said ADS aims to drive innovation and deliver solutions to the defense industry through a strategic restructuring of its leadership.
Allient Launches Defense Solutions Unit Read More »
Through the acquisition, Gentex gains access to new technologies and expands its presence in the automotive electronics market.
Gentex to Buy VOXX International in $196M Deal Read More »
The facility at Wisconsin’s southern border is backed by a multimillion-dollar investment.
ABC Supply Opens Learning Center at WI Headquarters Read More »
Site Supply is a distributor of construction materials, operating from four locations throughout Ohio, Kentucky and Tennessee.
White Cap Acquires Site Supply; 14th Deal of 2024 Read More »
CityPost is a Washington-based distributor of cable railing systems for decks, patios and lofts.
PrimeSource Acquires Cable Railing Systems Supplier in WA Read More »
Effective Jan. 2, the new president will succeed Mike Kidney, who is retiring at the end of December.
Rexel’s Mayer Electric Appoints New President Read More »
It’s now CES’ largest fulfillment center to date.
City Electric Supply Opens 1st Canada Fulfillment Center; 6th Overall Read More »
November marked the third consecutive monthly decline, as output in every category of nondurable consumer goods fell.
Industrial Production Ticks Down Despite Manufacturing Bump Read More »
Emco is a Canada-based plumbing, waterworks, industrial and HVAC products distributor.
MRC Global Selling Canada Unit to Emco Read More »
Former Graybar leader and Summit Electric VP of Operations Dwayne Roberts will succeed current Summit President Ed Gerber on Jan. 3.
Now with Sonepar, Summit Electric Appoints New Leader Read More »
Following an activist investor’s call for simplification of Honeywell’s operations, the company is exploring a potential Aerospace spin-off.
Honeywell Exploring Aerospace Sale Amid Reorganization Read More »
Edgewood, NY-based Arjay is a distributor of packing solutions and equipment serving the greater New York City metro area.
Veritiv Acquires Packaging Distributor PPE Sales in NYC Read More »
The FTC alleges that the alcohol beverage distributor violated the Robinson-Patman Act by charging higher prices to smaller retailers.
FTC Sues Southern Glazer’s for Price Discrimination Read More »
After meeting with ILA President, Trump posted on Truth Social in support of the dockworker’s stance to keep automation out of East and Gulf Coast ports.
Trump Sides with Dockworkers in Automation Dispute Read More »
Italy-based Somi is a distributor of fluid power and flow components.
Rubix Builds Fluid Power Footprint in Italy with Somi Deal Read More »
The new 354,000-square-foot distribution center features advanced technology, same-day delivery and a training center for contractors.
Famous Supply to Open Fifth Distribution Center in OH Read More »
U.S. wholesale inflation increase 3% year-over-year, the largest advance since February 2023.
U.S. Producer Price Increases 3% YoY in November Read More »
Azotel Technologies is an Ireland-based resource management platform that provides process automation for operators.
Irby Utilities Acquires Software Capabilities of Azotel Technologies Read More »
Health care investment firm Patient Square Capital said the transaction positions the dental and animal health distributor for future growth.
Dental, Animal Health Distributor Patterson Goes Private in $4.1B Deal Read More »
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