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2020

Imperial Dade Acquires American Paper & Plastics

Imperial Dade, Jersey City, New Jersey, a national distributor of disposable food service and janitorial supplies, has acquired American Paper & Plastics, City of Industry, California, a distributor of foodservice and janitorial products. Terms of the transaction were not disclosed. The acquisition strengthens Imperial Dade’s California presence while enhancing the company’s differentiated value proposition to customers […]

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Winsupply Acquires Plumbing and Heating Distributor

Winsupply Inc., Dayton, Ohio, has acquired Rosen Supply, Tacoma, Washington, a plumbing and heating wholesale distributor in the western Washington State region. Details of the asset purchase were not disclosed. Rosen Supply has six locations serving the Greater Puget Sound region including five distributor branches, two of which have showrooms, and a standalone showroom. The three showrooms are

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The Goods and Services Deficit Decreased in November

The goods and services deficit was $43.1 billion in November, down $3.9 billion from $46.9 billion in October, revised, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. November exports were $208.6 billion, $1.4 billion more than October exports. November imports were $251.7 billion, $2.5 billion less than October imports. The November decrease in

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Foundation Building Materials Acquires Associated Drywall Suppliers

Foundation Building Materials Inc, (NYSE:FBM) Tustin, California, has acquired Associated Drywall Suppliers, Inc., an independent distributor of drywall, metal framing and suspended ceiling systems serving the greater Louisville, Kentucky market. Terms of the transaction were not disclosed. “The addition of Associated builds our residential market presence, and complements our existing commercial footprint in Louisville, Kentucky,”

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Imperial Dade Acquires Wagner Supply

Imperial Dade, Jersey City, New Jersey, a national distributor of disposable food service and janitorial supplies, has acquired Wagner Supply Company, a distributor of janitorial and industrial products with branches in Odessa, Lubbock, and Wichita Falls, Texas. Terms of the transaction were not disclosed. “The Wagner family’s strong customer relationships and reputation for providing high-quality customer service makes

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laptop with ecommerce carts

5 E-Commerce Resolutions for Distributors to Strengthen Your Online Presence

As the number of B2B buyers who start their research, product selection and buying online has skyrocketed, so too have the opportunities available to wholesale distributors who put time, effort and money into their online presence. The global B2B e-commerce market was valued at $12.2 trillion in 2019 — just over six times that of the B2C market, Statista reports.  These numbers can’t be ignored. Even

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Old milling cutting tool with carbide insert. Metal processing with carbide drills and cutters. Heavy industry tool in factory.

North American Tool Names Director of Manufacturing

North American Tool Corporation, South Beloit, Illinois, has named Steve Mayse as director of manufacturing. Mayse will be responsible for developing and implementing operational strategies to strengthen and grow the company’s manufacturing performance at North American Tool Corporation, a provider of special taps, thread mills, dies and gages to industrial markets, and Allen Benjamin Inc.,

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the inside of an open furnace

Sandvik Acquires Thermaltek

Swedish manufacturer Sandvik (STO: SAND), has acquired privately owned Thermaltek Inc., a manufacturer of high temperature furnace systems and metallic heating elements headquartered in North Carolina. Terms of the acquisition were not disclosed. “Through this acquisition we add further strength to our leading position in industrial heating, a strategically important growth area for our Kanthal division within Sandvik Materials Technology,”

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Anixter company sign in front of office

WESCO Still in Hunt for Anixter International

Disclosure: This blog’s author, MDM VP Sales, Analytics  & e-Business John Gunderson, was part of the management team at HD Supply from 2011 to 2013 when they were owned by a group of private equity backers, including Clayton, Dubilier & Rice, prior to becoming a publicly-traded company. He remained at HD Supply and was on the leadership

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Industrial cnc spring making machine

Kaman Corporation Completes Acquisition of Bal Seal Engineering

Kaman Corporation, Bloomfield, Connecticut, has completed the previously announced acquisition of Bal Seal Engineering, Inc., a leader in the design, development, and manufacturing of highly engineered products including precision springs, seals, and contacts. Terms of the transaction were not disclosed. With this acquisition, Kaman has significantly expanded its portfolio of engineered products and offerings while creating new

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yellow hard hat, gloves, logo for AD and SafetyNetwork

AD and SafetyNetwork Announce Intent to Merge

AD, Wayne, Pennsylvania, the largest contractor and industrial products wholesale buying group in North America, and SafetyNetwork have announced that the organizations are pursuing a possible merger in the spring of 2020. This partnership would bring together two organizations to create AD’s only safety-dedicated division focused on the growth of independent distributors that specialize in the safety

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air conditioning units on the roof of a tall building

HARDI Distributors Report 1.1% Revenue Growth in November

Sales for HARDI distributor members increased by 1.1% during November, according to its monthly TRENDS report. The average annualized sales growth for the 12 months through October 2019 is 5.2%. “The modest sales growth this month is because it was being compared against a fairly good prior year, with about the same number of heating degree days, but one

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people working with lumber on a manufacturing floor

December PMI at 47.2%, GDP Growing at 1.3%

Economic activity in the manufacturing sector contracted in December, and the overall economy grew for the 128th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply ManagementManufacturing Business Survey Committee: “The December PMI registered 47.2%, a decrease of 0.9% from the

December PMI at 47.2%, GDP Growing at 1.3% Read More »

Armed with a pistol, a military man in a bulletproof vest covers himself with a shield. Mixed media

3M Completes Sale of Advanced Ballistic-Protection Business

3M (NYSE: MMM), St. Paul, Minnesota, has completed the sale of the company’s advanced-ballistic protection business to Avon Rubber p.l.c. for $91 million, before closing and other adjustments. A further contingent consideration of up to $25 million is payable depending on the outcome of pending tenders. Avon Rubber is a provider of advanced chemical, biological, radiological and

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Woman working in manufacturing facility

Sandvik Acquires Melin Tool Company

Walter, a division within Swedish manufacturer Sandvik (STO: SAND), has reached an agreement to acquire the privately owned US based company Melin Tool Company, a manufacturer of solid carbide tools. Terms of the acquisition were not disclosed. The acquisition further strengthens Walter’s round tool offering, especially for the aerospace industry and the US channel partner market. “By this

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