Momentum, Lingering Headwinds Mark 2022 Distribution Outlook
The forecast is positive for 2022 and beyond as the economy is expected to stabilize, according to MDM's 2022 Industry Outlook.
January 2022
Eaton Names New SVP
Kurt McMaken is the company’s new senior vice president of operations finance and finance transformation, Eaton says.
Fluor Exec Named CII Vice Chair
Tricia Thibodeaux has been named vice chair of the Construction Industry Institute for 2022, Fluor announced.
3M Invests $470M in Tenn. Plant
State officials signal approval as the multinational company says it will add 600 new jobs at its plant in Clinton, Tennessee, by 2025.
Ohio Transmission Corp. Rebrands
The Columbus-based industrial distributor and service provider has a new logo and a new name: OTC Industrial Technologies.
How Distributors Can Deliver Digital Self-Service Through Inventory Management
The pandemic forced distributors to increase their online footprint to meet demands from customers; the result is now the new normal.
Southwire Partners with Copper Mark
The Georgia-headquartered company says the move supports its desire for ‘corporate sustainability' in the copper industry.
Sonepar Acquires Belgian Company
Cebeo, an electrical distributor and member of the Sonepar Group, has acquired Belgian company Electro Meers.
COVID Fueled Tech Upgrades; Momentum Defines 2022 Expectations
The ups and downs of COVID-19 made distributors re-think how they use technology to connect with customers; that’s likely to accelerate in 2022.
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.
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.
Modernizing Channel Relationships: There’s an App for That
While some aspects of the supply chain have adapted to digital communication tools, the distributor-sales representative-manufacturer business model is still largely analog.
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.
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.
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.
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.
The Critical Need for Joint Planning in 2022
Current conditions are straining traditional manufacturer-rep-distributor relationships. Here’s a prescription for change by an industry veteran.
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.
3 Ways Distributors Can ‘Feel ‘22’ and Build a Better Experience
Improving BOPIS experiences, experimenting with light manufacturing and remembering that content is still king are ways companies can excel.
Construction Input Prices Jump 0.6% in December
An Associated Builders and Contractors analysis of Producer Price Index data shows prices increased over November.
