Three more distributors have been identified as alleged co-conspirators in the sprawling PVC pipe antitrust litigation, doubling the distributor list since MDM’s initial coverage. Meanwhile, settlements involving manufacturers and a pricing data provider have climbed above $415 million.
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Industry News
Daily sales growth again topped street expectations and the company's own signalled guidance as both major manufacturing end markets and all three geographies accelerated. Get our full breakdown of the company's August sales report.
Transportation equipment and primary metals led the broader July increase. See our breakdown of how orders changed MoM and YoY by product category.
Makita Industrial Tools began operations Sept. 1 following the completed transfer of Panasonic Electric Works’ power tools business, expanding Makita deeper into factory fastening equipment and industrial IoT solutions.
Indiana-based Pegasus adds industrial and electronic connection products and value-added assembly capabilities to Midland Industries, which has a new CEO as of August.
Three more distributors have been identified as alleged co-conspirators in the sprawling PVC pipe antitrust litigation, doubling the distributor list since MDM’s initial coverage. Meanwhile, settlements involving manufacturers and a pricing data provider have climbed above $415 million.
We're off Monday for Labor Day, and we hope you are too. Our Update newsletter will be back in action Tuesday morning.
NetPlus Alliance’s latest Industry Outlook showed continued momentum among its distributor members through the first half of 2026, with 84% now expecting full-year sales growth of at least 3%.
The deal adds rotating equipment sales, service and repair capabilities in Oklahoma and Arkansas as OTC continues building out its national service network.
The master distributor’s new U.S. eCommerce experience spans Star Stainless, Stelfast and Lindstrom Fasteners, adding another customer channel after an active period of leadership changes and expansion.
The Canada-based specialty hardware manufacturer and distributor acquired The Penrod Company’s hardware division, expanding Richelieu’s reach in the U.S. door hardware market.
The deal adds door, window and building products distribution operations in Kentucky and Indiana while extending Trimlite’s reach across the Mid-South and Central U.S.
Myers Tire Supply, a distributor that dates back to the 1933 founding of Myers Industries, has been sold to private equity firm Lion Equity Partners as Myers narrows its focus on engineered products.
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