BlueLinx Closes Sale-Leaseback Transaction
Building material distributor BlueLinx Holdings Inc. on Monday said it has completed the sale-leaseback transaction for a Denver distribution facility for $10.6 million.
Building material distributor BlueLinx Holdings Inc. on Monday said it has completed the sale-leaseback transaction for a Denver distribution facility for $10.6 million.
Electrical distributor Schaedler Yesco Distribution Inc., Harrisburg, Pennsylvania, announced it has acquired the Pittston, Pennsylvania, and Johnson City, New York, locations owned and operated by Rexel USA.
The B2B distribution business is dealing with plant shutdowns, supply chain disruptions and a whole new way of doing business. Rocket Industrial navigated both an ERP upgrade and automation of its AR/AP with a clear plan: Take cost out while improving service levels.
According to the Industrial Production and Capacity Utilization Report, manufacturing output increased 3.4% during the month, but it was still 8% below its pre-pandemic February level.