Ohio Transmission Corp. Rebrands
The Columbus-based industrial distributor and service provider has a new logo and a new name: OTC Industrial Technologies.
Ohio Transmission Corp. Rebrands Read More »
January 2022
Southwire Partners with Copper Mark
The Georgia-headquartered company says the move supports its desire for ‘corporate sustainability’ in the copper industry.
Southwire Partners with Copper Mark Read More »
Sonepar Acquires Belgian Company
Cebeo, an electrical distributor and member of the Sonepar Group, has acquired Belgian company Electro Meers.
Sonepar Acquires Belgian Company Read More »
COVID Fueled Tech Upgrades; Momentum Defines 2022 Expectations
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COVID Fueled Tech Upgrades; Momentum Defines 2022 Expectations Read More »
Fastenal Sales Rise 6.4% in 2021
The Winona, Minnesota-based distributor topped $6 billion in net sales for the year, including more than $1.5 billion in 4Q 2021.
Fastenal Sales Rise 6.4% in 2021 Read More »
New Residential Construction Rises Again in December
Census Bureau: Privately‐owned housing units authorized by building permits were 9.1% above the revised November rate.
New Residential Construction Rises Again in December Read More »
Turtle & Hughes Promotes 2 Execs
The electrical distributor says Aram Marandyan has been named VP of sales, and Dan Pinshaw will succeed him as branch manager in Los Angeles.
Turtle & Hughes Promotes 2 Execs Read More »
Proton.ai Closes $20M in Funding
The company says the recently closed Series A funding will help it expand AI-powered growth platform for distributors.
Proton.ai Closes $20M in Funding Read More »
Bluon Adds Financing for HVAC-R Tech
The new capital will be used to develop its e-commerce platform and software development for sales teams and technician staff.
Bluon Adds Financing for HVAC-R Tech Read More »
Marcone Acquires Munch’s Supply
The home appliance, HVAC and plumbing repair parts distributor made a deal to acquire the company from Ridgemont Equity Partners.
Marcone Acquires Munch’s Supply Read More »
The Critical Need for Joint Planning in 2022
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The Critical Need for Joint Planning in 2022 Read More »
Rexel Appoints New Digital Officer
John Pehler, who joined the company Jan. 10, has been appointed chief digital officer after previous jobs at Grainger and Caterpillar.
Rexel Appoints New Digital Officer Read More »
Construction Input Prices Jump 0.6% in December
An Associated Builders and Contractors analysis of Producer Price Index data shows prices increased over November.
Construction Input Prices Jump 0.6% in December Read More »
Wholesale Prices Rose 9.7% in 2021
The Producer Price Index for final demand increased 0.2% in December, the U.S. Bureau of Labor Statistics reported.
Wholesale Prices Rose 9.7% in 2021 Read More »
Graybar CFO to Retire
The St. Louis-based electrical, communications and data networking distributor said SVP and CFO Scott Clifford will retire in June.
Graybar CFO to Retire Read More »
Stellar Industrial Supply Acquires JLM
The Tacoma, Washington-based MRO distributor says it has reached a deal to acquire supply firm JLM Industrial Supply.
Stellar Industrial Supply Acquires JLM Read More »
Ferguson CEO: Supply Chain Worries, Labor Issues Still Loom Over Industry in 2022
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Ferguson CEO: Supply Chain Worries, Labor Issues Still Loom Over Industry in 2022 Read More »
Wynnchurch Sells Controlling Interest in Rosboro
The middle-market private equity firm sold its majority interest in Rosboro Holdings, Inc. to One Equity Partners.
Wynnchurch Sells Controlling Interest in Rosboro Read More »
BlackHawk Industrial Acquires Pinnacle
The Oklahoma-based distributor of metalworking and mission critical industrial products says it acquired the Ohio-based supply company.
BlackHawk Industrial Acquires Pinnacle Read More »
Thanks, Elizabeth! Best of Luck!
Today’s podcast and summary in this edition of MDM Update is Elizabeth Galentine’s last contribution for MDM. We’re sorry to see her go but excited for the next opportunity she is pursuing. Elizabeth has been MDM’s editor-in-chief for four years and has guided our content through very disruptive times. (She banned the team’s use of “unprecedented” to describe events of 2020.) That’s just one example of her thoughtful approach to cutting through noise and jargon — one of the hallmarks of our coverage of this industry since 1967. The team at MDM will miss her, and we wish her the best in her next venture!
Thanks, Elizabeth! Best of Luck! Read More »
