United Rentals’ 2Q Sales Up 18%
For the first six months of 2021, United Rentals posted a total of $4.43 billion in revenue compared to $4.06 billion over the same timeframe in last year.
United Rentals’ 2Q Sales Up 18% Read More »
2021
Does the Future of Independent Distribution Depend on B2B Marketplaces?
Should Amazon Business hit $100 billion or more in the next few years, it would be a ‘flashing danger sign’ for independent distributors, say Applico’s Nick Johnson and Alex Moazed. The alternative, they tell MDM in this week’s podcast, would be if distributors invest in other marketplaces.
Does the Future of Independent Distribution Depend on B2B Marketplaces? Read More »
Wynnchurch Capital Buys Trimlite
With residential construction continuing to boom in this year, Wynnchurch is getting into the construction game via Trimlite’s door products.
Wynnchurch Capital Buys Trimlite Read More »
U.S. Census Bureau: Wholesale Inventories Up Slightly in June
The U.S. Census Bureau said on Wednesday that wholesale inventories in June were up 10.2% from the same month a year ago.
U.S. Census Bureau: Wholesale Inventories Up Slightly in June Read More »
Specialty Building Products Appoints Gerhard as EVP
Gerhard starts his new job in August and will join Specialty Building Products’ executive leadership team.
Specialty Building Products Appoints Gerhard as EVP Read More »
Infrastructure – The Revenue Opportunity is Coming
Here are some tips on how to tap into the coming trillion-dollar — yes, trillion with a “t” — infrastructure spending program.
Infrastructure – The Revenue Opportunity is Coming Read More »
Crane’s Sales Grow 23.6% in 2Q
Crane’s process flow technologies segment sales increased 29.8% to $310.7 million in the quarter.
Crane’s Sales Grow 23.6% in 2Q Read More »
Pentair 2Q Sales Up 31.9%
Industrial and flow technologies sales at Pentair were up 17% compared to sales for the same period last year.
Pentair 2Q Sales Up 31.9% Read More »
Sonepar USA Appoints Tammy Livers to President of World Electric
Livers, who has been with Sonepar since 2017, will lead the company’s subsidiary that serves customers in Florida and Georgia.
Sonepar USA Appoints Tammy Livers to President of World Electric Read More »
Advance Report: New Orders for Durable Goods Up 0.8% in June
Manufactured durable goods, up 13 of the last 14 months, followed a 3.2% May increase.
Advance Report: New Orders for Durable Goods Up 0.8% in June Read More »
3M’s Sales Up 24.7% in 2Q
All divisions at the company posted a strong quarter, with safety and industrial sales growing 22.4% in the period.
3M’s Sales Up 24.7% in 2Q Read More »
Watsco CEO to Independent Distributors: ‘This is a Time to Sell’
The HVACR distributor is on the hunt for businesses to buy, and on its latest earnings call, the CEO outlined why the company would be a good partner for anyone looking to sell.
Watsco CEO to Independent Distributors: ‘This is a Time to Sell’ Read More »
F.W. Webb Strengthens Presence on Long Island
The plumbing distributor has opened its largest location in the area; the new store will also offer fire protection fabrication services.
F.W. Webb Strengthens Presence on Long Island Read More »
Nichols Announces Leadership Changes
Hal Grossman is being promoted to president on Aug. 1 and longtime COO Kevin Rahrig will retire on Dec. 24.
Nichols Announces Leadership Changes Read More »
L&W Supply Finalizes Deal to Acquire Builders FirstSource’s Eastern Gypsum Assets
The transaction, announced earlier this month, “supports L&W Supply’s overall growth strategy,” according to the company’s president.
L&W Supply Finalizes Deal to Acquire Builders FirstSource’s Eastern Gypsum Assets Read More »
RBC Bearings to Acquire ABB’s Dodge Mechanical Power Transmission Business
RBC is paying $2.9 billion to acquire the international manufacturer of highly engineered precision bearings and components for the industrial, defense and aerospace industries.
RBC Bearings to Acquire ABB’s Dodge Mechanical Power Transmission Business Read More »
Carlisle Cos. Sales Increase 22% in 2Q
Company’s profit for the second quarter also spiked, growing 31.7% to $99.3 million.
Carlisle Cos. Sales Increase 22% in 2Q Read More »
Danaher Sales Grow 36.5% in 2Q
The manufacturer reported a strong second quarter, as profit almost doubled to $1.7 billion.
Danaher Sales Grow 36.5% in 2Q Read More »
ABB Sales Up 32% in 2Q
The Swiss company also reported that its profit grew to $752 million from $319 million in the period.
ABB Sales Up 32% in 2Q Read More »
Manage What You Can Control: A Solid Strategy for the Back Half of 2021
Despite the challenges around inflation and supply chain, many distributors are focused on improving talent management.
Manage What You Can Control: A Solid Strategy for the Back Half of 2021 Read More »
