The 2020 Mid-Year Economic Update_long
SRS Acquires CC Supply

SRS Distribution Acquires C.C. Supply

Building materials distributor SRS Distribution Inc. expands footprint in Ohio with the acquisition of a family-owned distributor of residential and commercial roofing, siding, windows and doors, and other products.

NOW Inc.

NOW Inc. Announces Alario Stepping Down as Executive Vice Chairman

Dick Alario will continue to serve as a director of the company.

RBC Bearings

RBC Bearings Sales Down 19.6% in Fiscal 2Q

Bearings manufacturer RBC Bearings sees profit sink 34.8% in the second quarter of fiscal 2021.

Heritage Landscape Supply Group

Heritage Landscape Acquires Irrigators Supply

Landscape distributor Heritage Landscape Supply Group Inc., a McKinney, Texas-based subsidiary of SRS Distribution, announced its fourth acquisition of the last four months with the addition of Irrigators Supply Inc.

MRC Global

MRC Global 3Q Sales Plummet 38%

Year to date, sales decreased 31.6% as the company reports a loss of $287 million through the first three quarters of 2020.

Huttig Building Products

Huttig’s Sales Down 1.4% in 3Q

Building materials distributor Huttig Building Products Inc. (Nasdaq: HBP), St. Louis, Missouri, reported third-quarter sales of $212.7 million, a 1.4% decrease over the prior-year period.

Cummins-Wagner Co.

Cummins-Wagner Acquires F.R. Mahony & Associates

Cummins-Wagner Co. Inc., an Annapolis Junction, Maryland-based distributor, announced this week it has acquired F.R. Mahony & Associates Inc. Financial terms of the deal weren’t disclosed.

Builders FirstSource building

Builders FirstSource Sales Soar 15.9% in 3Q

Dallas-based building materials distributor Builders FirstSource, fresh off the acquisition of BMC Stock Holdings, reported a stellar third quarter.

Research & Analytics

Real U.S. GDP Up 33.1% in 3Q According to Advance Estimate

In the second quarter of 2020, when COVID-19 was decimating the U.S. economy, real GDP decreased 31.4%.

White Papers

In this episode, Brian Gardner, founder of SalesProcess360, demystifies the Sales Process Audit that industrial sales organizations can implement to get ROI from CRM. While CRM can be an impactful technology, Gardner stresses that organizations need the right processes in place to capitalize on their CRM investment. With over 25 years of experience in sales management and CRM, hear Gardner’s insight on how companies at all stages can get the most out of their sales process.

Spotlight Videos
Valves on pipes
Scott Young, President of George E. Booth Co., a Midwest distributor of process instrumentation products and services, talks with MDM's John Gunderson about the company's launch of a cloud-based ERP system at the beginning of 2020. The timing could not have been better. As Young shares in this Spotlight video, the company was able to pivot quickly in mid-March when its 75-person workforce started working from home. The move allowed the team to focus on revenue-generating activity and value-added services to support customers, while reducing costs by automating back-end processes.

Partner Resource Center

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