Fastenal’s August Sales Increase 14.2%
For August, Fastenal reported daily sales of $24.1 million, which was a 9% increase versus a year ago, while fastener sales increased 18.9%.
Fastenal’s August Sales Increase 14.2% Read More »
2021
Masonite Names Ball as President for Global Residential
Prior to joining Masonite, Ball was president of Americas for Cooper Tire & Rubber Company, where he led the North America, Latin America, and global commercial truck business units.
Masonite Names Ball as President for Global Residential Read More »
New Orders for Manufactured Goods Up 0.4% in July
U.S. Census Bureau’s final report on new orders for manufactured goods shows improvement for 14 of the last 15 months.
New Orders for Manufactured Goods Up 0.4% in July Read More »
3 Solutions to Common Revenue Management Pain Points
When a distribution sales team is not delivering results, it’s often due to a few fixable issues. Small adjustments in strategy can overcome these pain points.
3 Solutions to Common Revenue Management Pain Points Read More »
LMC Names Kane as SVP of Finance and Technology
Kane, who spent 16 years at Omega Flex Inc., steps into the role vacated by Paul Ryan, who was recently named as LMC’s president and CEO.
LMC Names Kane as SVP of Finance and Technology Read More »
White Cap Expands into Northeast Region with Deal to Buy Tri-Supply
Tri-Supply marked White Caps’ second acquisition since it become an independent company in October of last year.
White Cap Expands into Northeast Region with Deal to Buy Tri-Supply Read More »
Winsupply Acquires Clausen Supply
Winsupply adds an HVAC distributor based in Clinton, Iowa, marking the company’s fifth acquisition of 2021.
Winsupply Acquires Clausen Supply Read More »
US LBM Acquires Northern Building Supply
The building materials distributor expands to Michigan with its second acquisition announced in as many days.
US LBM Acquires Northern Building Supply Read More »
August M&A Roundup: Consolidation Maintains Healthy Pace
MDM reported 25 deals last month as M&A across wholesale distribution continued at a rapid clip with a potential change to tax laws possibly expediting some sales.
August M&A Roundup: Consolidation Maintains Healthy Pace Read More »
Goods and Services Deficit Dips in July
Year-over-year, the goods and services deficit decreased $3.2 billion, or 4.3%, from June.
Goods and Services Deficit Dips in July Read More »
Builders FirstSource Acquires California TrusFrame for $179.5M
Builders FirstSource CEO: The move will “strengthen our broad portfolio of industry-leading solutions and valued-added products.”
Builders FirstSource Acquires California TrusFrame for $179.5M Read More »
HARDI Distributors Report ‘Modest’ 9.3% Revenue Increase in July
The average annual sales growth for the 12 months through July was 17.2%, which was flat when compared to June, according to HARDI Distributors latest report.
HARDI Distributors Report ‘Modest’ 9.3% Revenue Increase in July Read More »
GMS’ 1Q Sales Improve 30%
GMS doubled its net income in the first quarter as it continued to benefit from a strong residential market.
GMS’ 1Q Sales Improve 30% Read More »
Motion & Control Enterprises Acquires Instrument Associates
The deal was the third acquisition of the year for MCE, a portfolio company of the private equity firm Frontenac Co.
Motion & Control Enterprises Acquires Instrument Associates Read More »
In an E-Commerce World, Content is King
Distributor and manufacturer panelists at the recent AD eCommerce Summit discussed the importance of getting advanced product content onto websites.
In an E-Commerce World, Content is King Read More »
US LBM Acquires Mid-Cape Home Centers
Building materials distributor expands to Massachusetts’ South Shore, Cape Cod and the Islands
US LBM Acquires Mid-Cape Home Centers Read More »
ISM: Manufacturing Sector Grows Slightly in August
The August Manufacturing PMI registered 59.9%, which was an increase of 0.4 percentage point from the July reading of 59.5%.
ISM: Manufacturing Sector Grows Slightly in August Read More »
SKF Acquires Lubrication Filtration Business
The increasingly acquisitive bearings manufacturer has added EFOLEX AB to its portfolio — its second deal announcement in as many days.
SKF Acquires Lubrication Filtration Business Read More »
DSG Acquires Montana Waterworks & Irrigation
The acquisition of the Billings-based distributor will mark DSG’s first waterworks location in Montana.
DSG Acquires Montana Waterworks & Irrigation Read More »
SKF Acquires Analytics Firm
SKF’s addition of Rubico Consulting will be “integrated into SKF’s offer around the rotating shaft, as well as powering new technology areas such as bearings with fiber-optic sensors,” the company said
SKF Acquires Analytics Firm Read More »
