Amazon Announces Three Facilities in San Antonio
Online giant to build two new fulfillment centers and a new delivery station in the Texas city.
2020
Ohio Transmission Corp. Acquires JCI Industries
Acquisition of provider of commercial and industrial pumps, motors, controls, field service and remanufacturing furthers OTC’s expansion into Midwest.
Individual FoodService Merges with Brady Industries
IFS, a portfolio company of the private equity firm Kelso & Co., has united with the JanSan distributor Brady Industries, which itself has been acquisitive of late.
Brady Acquires Arkansas Distributor
In yet another strategic move, Las Vegas-based JanSan distributor Brady adds Kerr Paper & Supply to its portfolio.
Chicago Fed National Activity Index Dips to +0.27 in November
Latest Chicago Fed National Activity Index (CFNAI) shows that three of four broad categories of indicators used to construct the index made positive contributions in November, but all four categories decreased from October.
Beacon to Divest Interior Products Business
Affiliate of private equity firm American Securities LLC buys Beacon Roofing Supply’s interior products business for $850 million.
Protective Industrial Products Sold from One PE Firm to Another
PPE supplier Protective Industrial Products Inc. (PIP) trades hands as Odyssey Investment Partners acquires company from Audax Private Equity.
Enerpac Sales Dip 18.6% in Fiscal First Quarter
Profit dips 25% in the period, but Enerpac continues to see improvement from its customers’ operations amid the pandemic.
Atlas Copco Completes Acquisition of Perceptron
Swedish manufacturer Atlas Copco has completed the addition of Perceptron, the U.S. company that specializes in automated metrology.
Why Digital Strategy is More Than Just a Fancy Website
Boost online engagement and bring prospective customers to you by creating the digital, content-rich journey that your customers are looking for.
Turner Supply Celebrates 115 Years in Business
Family-owned industrial distributor is commemorating more than a century of service to suppliers and customers.
PTDA 3Q Outlook Shows Improving Business Climate
The PTDA Distributors Total Sales Index in the third quarter was a down 7.5% from the same quarter a year ago but an improvement over the second quarter’s 15% year-over-year decline.
Heritage Landscape Supply Acquires Two Companies
Landscape distributor adds a pair of companies — REAMS Sprinkler Supply, Lincoln, Nebraska, and Irrigation Station, Houston, Texas — to its growing portfolio.
PPG to Acquire Finnish Paint and Coatings Manufacturer Tikkurila
Paints, coatings and specialty materials supplier PPG on Friday announced that it has agreed to acquire Tikkurila, a Vantaa, Finland-based manufacturer and distributor of paints and coatings, for €$1.1 billion (US$1.3 billion).
Amazon to Build First Fulfillment Center in South Dakota
Amazon's new fulfillment center in Sioux Falls will create hundreds of new full-time jobs and give the company faster delivery times in the region.
US LBM Acquires Tri-County Building Supplies
Tri-County will operate as part of US LBM’s Universal Supply Company, which now has more than 20 locations across the Mid-Atlantic, including New Jersey, Connecticut, Maryland and Delaware.
Pandemic Revenue Index Grows for Fourth Straight Week
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Dec. 7-11 increased 2.9%, back to the normal range following a spike the week before.
Residential Building Permits Up 8.5% in November
Housing starts also up — in the low double digits — compared to year-ago period and the previous month, according to the latest residential construction report from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Amazon to Build Fulfillment Center in Arkansas
Amazon's new fulfillment center in North Little Rock will create hundreds of new full-time jobs and give the company faster delivery times in the region.
What’s in Store for Distribution M&A in 2021?
Industry insiders from Cascade Partners share tips on navigating what should be a “really strong year” for M&A, plus we’ve got the early details on MDM’s Virtual M&A Summit occurring in February.
