ISM: Manufacturing Grew in November
The overall economy grew again as the manufacturing PMI registered 61.1%, according to the Manufacturing ISM Report on Business.
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2021
Beacon Sells Off Solar Products
The roofing material and building products distributor completed a divestiture of its solar products business in a sale to BayWa r.e.
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What the Infrastructure Bill Means for Distributors
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Oct. Construction Spending Up
Spending during October 2021 was estimated at a seasonally adjusted annual rate of $1.598 trillion, according to the U.S. Census Bureau.
Oct. Construction Spending Up Read More »
Platform Raises $16M to ‘Enhance’ Ordering
The e-commerce platform secured funding to improve ordering experiences for distributors servicing restaurants and grocery stores.
Platform Raises $16M to ‘Enhance’ Ordering Read More »
AllPoints Partners with Dormont
The foodservice supplies provider has agreed to a master distributor relationship with a stainless-steel gas connector manufacturer.
AllPoints Partners with Dormont Read More »
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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Wholesale Distribution Revenue Growth Rate Ticks Upward
Some sectors see price increases beyond expected pandemic-related turbulence while job growth levels reflect larger national trend.
Wholesale Distribution Revenue Growth Rate Ticks Upward Read More »
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.
Trade Deficit Shrinks to $82.9B Read More »
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.
Real GDP Up Slightly in New 3Q Estimate Read More »
The Amazon Effect: Must Distributors Keep Up?
Whether an Amazon-style fast-shipping and delivery experience is necessary in B2B e-commerce may depend on who you ask.
The Amazon Effect: Must Distributors Keep Up? Read More »
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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Forecasts Mostly Bullish for 4Q and 2022 Read More »
ISSA Names 2021 Honorees
Northbrook, Illinois-based trade association announced its 2021 ISSA Achievement Awards honorees during a ceremony in Las Vegas.
ISSA Names 2021 Honorees Read More »
HARDI Exec VP Departing
Heating, Air-conditioning & Refrigeration Distributors International says that longtime Executive VP Emily Saving is leaving the company.
HARDI Exec VP Departing Read More »
