September 7, 2022

Fastenal’s Sales Remain Robust Despite Construction Slowdown

Continued strong sales growth means the third quarter will likely be another windfall fiscal period for most industrial distributors.

Red flags remain, but strong 2Q financial reports from major companies have quelled some immediate fears of a possible recession.

Howard Precision Metals has been a distributor of aluminum since 1928.

Envoy expanded its footprint in the Northeast U.S. with two acquisitions this past week.

It marks the second acquisition in 2022 for MCE and its sixth since 2021.

World Electric's parent company Sonepar USA ranked No. 2 among electrical, data and security distributors in MDM's 2022 Top Distributor list.