December 2021 M&A Roundup: Genuine Parts’ Acquisition of Kaman Highlights Month
Ohio Transmission Corporation, an industrial equipment service distributor, acquired Diversified Pump, TP Pump and Critical Rental Solutions.
December 2021
2022 Distribution Operations Outlook: Level-Setting in a Challenging Environment
Supply chain issues will touch everything from the way salespeople spend their time and prioritize customer relationships to facility management, pricing and labor strategy.
Crawford Unveils ‘Open-Concept’ Branch
Crawford Electric Supply, a Sonepar company, announced it is opening a new 12,000-square-foot location in Texas.
Trade Deficit Rises, Exports Down in Nov.
The international trade deficit was $97.8 billion in November, while exports were down $3.3 billion, according to a Census Bureau report.
2022 Distribution Sales Outlook: Consultative Selling and Changing Compensation
Customer expectations are shifting and distributors are rethinking the qualities that make for a strong salesperson.
ABC Supply Acquires Siding Sales
The distributor of roofing, siding and other select exterior building products acquired the assets of Siding Sales Inc.
Envoy Solutions Acquires Valley Janitor
The Illinois company says it acquired Hamilton, Ohio-based Valley Janitor Supply Company, the seventh acquisition over the past few months.
GWS Tool Acquires Carbide
The Florida-based company says the deal will further strengthen its capability and capacity in for carbide round tooling in the Midwest.
CFNAI Dips in November
Led by slower growth in production-related indicators, the Chicago Fed National Activity Index decreased to +0.37.
MSC Fiscal 1Q Sales Up 9.9%
MSC Industrial Supply Co. reported fiscal 2022 first-quarter net sales of $848.5 million for the period ending Nov. 27.
Consumer Prices Rise 6.8%
The Consumer Price Index has seen its largest 12-month increase in nearly four decades, according to recently released federal data.
5 Steps to Increase the Value of Your Distribution Business
Whether ready to sell or not, distribution executives in forward-thinking companies can effectively harness innovations while aligning their organization to increase the value of the company.
How Important are Cloud-Based Operations for Distributors?
The industry has changed the past two years, and embracing cloud-based operations can be vital for distributors in a volatile realm.
Amazon Hubs to Add 2,550 Jobs
The online retail and e-commerce giant says hubs in Austin and Phoenix will create jobs amid expansions taking place over the next few years.
Painters Supply Acquires Specialty Coatings
The company made a deal with the distributor of paints, coatings, and supplies for industrial, architectural and other applications.
Sonoco Acquiring Ball Metalpack for $1.35B
Sustainable global packaging company says it reached a deal to acquire a leading manufacturer of for food and household products.
Pipeline Packaging Acquires MidStates
The Ohio-based leading distributor of rigid industrial containers acquired the full-line packaging distributor.
Behind the Deal: How the Motion-KDG Deal Changes the Landscape
The deal strengthens Motion's ability to compete – particularly for wallet share – against other broadline industrial product distributors.
Boost Customer Confidence, Strengthen Sales Relationships in Distribution
Customers are engaging in purchasing behavior contrary to their own decision confidence, but distribution sales reps can help.
Georgia-Pacific Invests $500M-plus in Complex
The paper-towel and tissue company says its new papermaking complex in Green Bay, Wisconsin, will generate about 150 jobs.
