Platform Raises $16M to ‘Enhance’ Ordering
The e-commerce platform secured funding to improve ordering experiences for distributors servicing restaurants and grocery stores.
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November 2021
AllPoints Partners with Dormont
The foodservice supplies provider has agreed to a master distributor relationship with a stainless-steel gas connector manufacturer.
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Crescent CEO Named Leader to Watch
Family Business Magazine has named Scott Teerlinck, president and CEO of Illinois-based Crescent Electric Supply, as a “CEO to Watch.”
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Earnest Machine, Gustave A. Larson Embrace Sales Team Restructure
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Forbes: WESCO Among Best Employers
WESCO International Inc. is one of the World’s Best Employers and one of America’s Best Employers for Women, magazine says.
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Deere Fiscal 4Q Improves
Illinois-based Deere & Company reported 2021 fiscal fourth-quarter net income of $1.283 billion, and $5.963 billion for the year.
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Synergy Group Nets Green Award
The Singapore-based company earns an award given to ship managers that go beyond industry standards for safety and environmental performance.
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Trade Deficit Shrinks to $82.9B
The international trade deficit was $82.9 billion in October, down $14.1 billion from $97.0 billion in September, the Census Bureau said.
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Real GDP Up Slightly in New 3Q Estimate
Real GDP increased at an annual rate of 2.1% in 2021 3Q, according to the second estimate released by the Bureau of Economic Analysis.
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84 Lumber Opens in Idaho
The building materials, manufactured components and services supplier for residences and commercial buildings opened a location near Boise.
84 Lumber Opens in Idaho Read More »
PAC-12 Picks US LBM as Sponsor
The building materials distributor was given exclusive naming rights for the upcoming inaugural Pac-12 Coast-to-Coast Challenge.
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Forecasts Mostly Bullish for 4Q and 2022
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ISSA Names 2021 Honorees
Northbrook, Illinois-based trade association announced its 2021 ISSA Achievement Awards honorees during a ceremony in Las Vegas.
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HARDI Exec VP Departing
Heating, Air-conditioning & Refrigeration Distributors International says that longtime Executive VP Emily Saving is leaving the company.
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ABC Names Chair and Exec Committee
ABC board members chose Stephanie Schmidt, president of Poole Anderson Construction, as 2022 national chair of the board of directors.
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Beacon 4Q Sale Up 6.9%
Roofing material and building products distributor reported 2021 fiscal 4Q sales of $1.88B, a quarterly record for continuing operations.
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Selected Service 3Q Revenue Rises
Advance U.S. selected services total revenue for 2021 3Q was $4,524.9 billion, an increase of 3.7% over 2021 2Q and up 15.2% from 2020 3Q.
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AZEK Sees 4Q Rebound
The AZEK Company Inc. reported a ‘record’ fiscal 2021 fourth quarter, with net sales increasing 31.1% over the same period in 2020.
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ABC: 78% of Contractors Using New Tech
Associated Builders and Contractors released its first construction technology report, which studies tools and tech members use at worksites.
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Sentinel Capital Acquires Empire Auto
The private equity firm that invests in midmarket companies acquired Empire Auto Parts, a distributor of aftermarket collision parts.
Sentinel Capital Acquires Empire Auto Read More »
