Brady Acquires Mission Janitorial & Abrasive Supplies
Brady, a Las Vegas-based full-line janitorial supply, equipment and foodservice distributor, has acquired Mission Janitorial & Abrasive Supplies, San Diego, California.
October 2020
RBC Bearings Announces Senior Leadership Appointments
Bearings manufacturer RBC Bearings names Robert M. Sullivan vice president and CFO, and John J. Feeney vice president, general counsel and secretary.
Heritage Landscape Acquires Aquarius Supply
New addition for Heritage Landscape Supply expands company’s footprint into the Mid-Atlantic and Northeast regions of the U.S.
Fourth Quarter Off to Rocky Start
The news of out the White House that President Trump tested positive for COVID-19 — on the first day of the fourth quarter, no less — rattled the market and served as a potential blow to the rebounding economy. What else is in store for the last three months of 2020?
Manufacturing Sector Expanded in September
The August PMI registered 55.4%, a decrease of 0.6% from the August reading of 56% — and the fifth consecutive month of expansion.
Real GDP Decreased in All 50 States in 2Q
Overall growth in real GDP slowed in the second quarter from the first quarter of 2020, according to the U.S. Bureau of Economic Analysis.
Emerson to Acquire Progea Group
Emerson says acquisition will complement the company’s portfolio and “help customers in discrete and hybrid end markets accelerate digital transformation.”
The Home Depot Appoints President and COO
Home improvement retailer names Ted Decker to president and COO, and also makes four other executive appointments.
SiteOne Landscape Supply Acquires Burnco Landscape Centres
Landscape supply distributor SiteOne Landscape Supply Inc. (NYSE: SITE), Roswell, Georgia, announced this week that it has acquired Burnco Landscape Centres Inc., a wholly owned subsidiary of Burnco Rock Products Ltd.
Atlas Copco Appoints CFO
Swedish manufacturer Atlas Copco has named Peter Kinnart as senior vice president, CFO, and member of the company’s group management, effective July 2021.
September M&A Roundup: Lawson’s Latest Move Kicks Off Solid Month
Another month of the U.S. economy muddling through the COVID-19 crisis, another period of distribution M&A showing signs of returning to normal, beginning with a big announcement from Lawson Products.
Pandemic Revenue Index Dips 0.7%
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Sept. 21 to Sept. 25 indicated a 0.7% decrease compared with the same week a year ago.
HARDI Distributors Report 4.5% Revenue Increase in August
Heating, Air-conditioning & Refrigeration Distributors International (HARDI) this week released its monthly TRENDS report, showing the average sales performance by HARDI distributors was an increase of 4.5% during August.
