SRS Distribution Opens Nine New Locations
Greenfield locations will play a key role in SRS Distribution’s expansion plans in 2021.
April 2021
‘The Pandemic Has Laid Bare the True Reality of Sales’
Even prior to the pandemic, the role of outside salespeople has been outdated for the past 20 years, according to Ballistix’s Justin Roff-Marsh, who is a sales management and marketing consultant.
Advance Report: New Orders for Durable Goods Up 0.5% in March
Manufactured durable goods have increased 10 out of the last 11 months, with February the only decline in nearly a year.
US LBM Holdings Opens New Roofing and Siding Location in Paterson, NJ
The new location compliments US LBM Holding's existing roofing and siding site in Newark.
Electric Supply Partners with PE Firm Supply Chain Equity Partners
SCEP’s investment in the Florida-based electrical distributor marks its 44th distribution investment since 2007.
Pool Corp. Posts New Record for Net Sales in Q1
Due to strong results, Pool Corp. raises its guidance for the remainder of the year.
Key Takeaways from Distributors’ 1Q Outlook
The latest quarterly MDM-Baird Industrial Distribution survey shows distributors are paying close attention to pricing inflation, supply chain issues and technology adoption challenges.
Commentary: Key Takeaways from Distributors’ 1Q Outlook
The latest quarterly MDM-Baird Industrial Distribution survey shows distributors are paying close attention to pricing inflation, supply chain issues and technology adoption challenges.
Distributors Optimistic about Strength of Post-COVID Recovery
MDM-Baird Distribution Survey: Recovery starts to heat up in the first quarter while outlook improves for the rest of 2021.
Download this Issue as a PDF: April 25 2021
The second quarterly data issue of 2021 contains benchmark information from the first quarter of 2021, straight from nearly 500 respondents to the latest MDM-Baird quarterly survey. It includes sector-specific commentary from distributors in the industrial, electrical, HVAC/plumbing, building products, gases/welding, pipes, valves and fittings markets. You will also find the latest pricing trends and financial metrics and trading multiples.
Sonepar USA Promotes McCulloch to President of North Coast Electric
Prior to his promotion, McCulloch served as executive vice president at North Coast Electric, among other positions in his 35-year career with the company
Bearings Maker SKF Boosts Year-Over-Year Profit in Q1
SKF CEO Danielson expects sales to continue to grow in Q2 to reach pre-COVD levels
Motion Sales Up 0.1% in 1Q
Genuine Parts Co., the parent of Motion, reported that the distributor’s 1Q sales of $1.5 billion were up 0.1% year-over-year and represented 34% of the company’s revenues in the period.
Chicago Fed National Activity Index Climbs to +1.71 in March
Latest Chicago Fed National Activity Index (CFNAI) shows that all four broad categories of indicators used to construct the index made positive contributions in March, and all four improved from February.
2021 Wholesale Distribution M&A Landscape
What distributors need to know about buying and selling as they navigate the post-pandemic consolidation boom.
Watsco Sales Increase 12.7% in 1Q
Watsco's HVAC equipment sales increased 14% in the quarter, other HVAC products increased 11% and commercial refrigeration equipment increased 10%.
BlueLinx Announces CEO Lewis Will Retire
Building materials distributor BlueLinx Holdings taps Gibson as the company’s incoming president and CEO
NEFCO Wraps Up Deal to Buy Sigma Engineering Int’l
Hartford, Connecticut-based NEFCO buys Sigma Engineering Int'l to bolster its engineering capabilities and increase its reach across all of its East Coast locations.
Winsupply to Open New Regional DC in Oklahoma City
The facility will become Winsupply’s sixth regional distribution center (RDC) following others in Ohio, Colorado, Connecticut, Virginia and Florida.
How Winsupply Shifted Gears to Continue its Pursuit of M&A
Monte Salsman, the president of Winsupply Acquisitions Group, took to the road — literally — to safely meet with potential partners and keep the distributor’s M&A pipeline full.
