Wajax Acquires Tundra Process Solutions
Wajax's addition of Alberta-based distributor for C$99.1 million (US$77.7 million) is expected to “provide meaningful growth in the corporation’s Engineered Repair Services and industrial parts categories.”
2020
E-Commerce and the Economy: MDM’s Top Blogs of December
Three of MDM’s five most-read blogs published last month focused on e-commerce and digital, while the tenuous economic situation plus Ferguson’s 2021 forecast also grabbed readers’ attention.
Census Bureau Releases Two Advance Economic Indicators for November
The U.S. Census Bureau has released advance indicators showing that the international trade deficit and wholesale inventories moved in opposite directions in November.
Top 10 Most-Read News Articles of 2020
From executive appointments to mergers and acquisitions, these were the most-read news articles on mdm.com during the past year.
Pandemic Revenue Index Up 18.2%
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Dec. 21-25 increased 18.2%, in part because of a favorable comparison with last year’s Christmas week.
The Home Depot Completes Acquisition of HD Supply
Home improvement giant officially welcomes back distribution arm it had spun off to private equity in 2007.
Arrow Electronics Appoints COO
Sean J. Kerins has been named the electronics distributor’s new COO; he will continue to report to Michael J. Long, Arrow’s chairman, president and CEO.
PPG Completes Acquisition of Ennis-Flint
The $1.2 billion deal, announced in November, gives PPG expertise in pavement marking products, including paint, thermoplastics and other advanced traffic technologies.
2020 M&A Roundup: Year to Forget Brings Memorable Trends and Deals
MDM looks at five themes that emerged across distribution M&A in 2020 and recaps some of the biggest deals of the year.
Commentary: A Long-term Perspective Emphasizes the Positive
In general, taking a long-term perspective on challenging times in life yields more positive memories than negative ones. It brings us life lessons that we can apply to make our future brighter.
How to Reset Your Sales Compensation Plan in the New Year
The pandemic has provided a ripe opportunity for this often-discussed, much-needed organizational change. Here’s where to begin.
Next Gen Customer Stratification: Driving Performance in 2021
With the benefit of today’s data tools, visualization software and reporting tools, customer stratification is more valuable than ever.
Download this Issue as a PDF: December 24 2020
This issue of MDM Premium focuses on ways for distributors to strengthen your digital presence, beginning with a focus on your customer's journey through your e-commerce platforms and websites.
A Long-term Perspective Emphasizes the Positive
In general, taking a long-term perspective on challenging times in life yields more positive memories than negative ones. It brings us life lessons that we can apply to make our future brighter.
US LBM Acquires Western North Carolina Distributor
Building materials distributor continues its acquisitive streak with the addition of Jennings Builders Supply & Hardware.
Advance Report: New Orders for Durable Goods Up 0.9% in November
Increase of manufactured durable goods is the seventh in a row following growth since May; this period was preceded by two decreases during the height of the coronavirus crisis.
Würth Industry North America Announces Division Change
Company says Würth Action Bolt and Tool will join its new construction services division, Würth Construction Services.
Amazon to Build Fulfillment Center in Louisiana
Online giant bringing 1 million-square-foot site to Carencro, outside Lafayette, where it will create more than 500 new, full-time jobs.
Private Equity Firm Takes Majority Stake in Specialty Building Products
The Jordan Co. has acquired a majority stake in the U.S. Lumber parent company from Madison Dearborn Partners.
Real U.S. GDP Jumps 33.4% in 3Q According to ‘Third’ Estimate
The spike in real GDP reflected larger increases in personal consumption expenditures (PCE) and nonresidential fixed investment.
