U.S. Producer Price Growth Slows in October
U.S. producer prices increased less than expected in October, according to data released by the U.S. Bureau of Labor Statistics.
U.S. Producer Price Growth Slows in October Read More »
November 2022
BlackHawk Hires New IT Director
Tom Cross returns to BlackHawk, where he was a ‘key player in our ERP system implementation,’ the company announced.
BlackHawk Hires New IT Director Read More »
Distributors’ Market Optimism Rises for 2023 Despite Economic Indicators
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
Distributors’ Market Optimism Rises for 2023 Despite Economic Indicators Read More »
Sandvik Coromant Appoints New Marketing Manager
Nick Falgiatano, who currently serves as a regional sales manager with Sandvik Coromant, will assume his new role Dec. 1.
Sandvik Coromant Appoints New Marketing Manager Read More »
Reports: Amazon May Lay Off 10,000 Workers
The Wall Street Journal reports the layoffs would affect about 3% of corporate staff, not hundreds of thousands of Amazon warehouse workers.
Reports: Amazon May Lay Off 10,000 Workers Read More »
Lowe’s 3Q Sales Rise Slightly to $23.5B
The company reported that year-over-year 3Q sales increased, but earnings dipped slightly from 2022’s second quarter.
Lowe’s 3Q Sales Rise Slightly to $23.5B Read More »
Home Depot 3Q Sales Rise 5.6% to $38.9B
The company also reaffirmed its fiscal 2022 guidance, including comparable sales growth of approximately 3%.
Home Depot 3Q Sales Rise 5.6% to $38.9B Read More »
Construction Backlog Declines in October
After surpassing its pre-pandemic level in September, backlog is now back below the reading observed at the start of the pandemic, according to ABC.
Construction Backlog Declines in October Read More »
ISSA, Staples Form Distribution Partnership Program
The partnership will allow ISSA to utilize Staples’ training facilities to host training and certification classes.
ISSA, Staples Form Distribution Partnership Program Read More »
Manufacturing Tech Orders See Nearly 13% Monthly Increase in September
New orders of manufacturing technology totaled $519.3 million in September 2022, a 13% increase from August, according to a new AMT report.
Manufacturing Tech Orders See Nearly 13% Monthly Increase in September Read More »
Distributors’ Big Bets Take Many Forms
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
Distributors’ Big Bets Take Many Forms Read More »
AMETEK Appoints New Vice President of Operational Excellence
Jose Munoz held several positions with AMETEK prior to his promotion.
AMETEK Appoints New Vice President of Operational Excellence Read More »
Envoy Solutions Acquires Assets of California-Based Surtec
The transaction brings Envoy’s total number of transactions in 2022 to 20.
Envoy Solutions Acquires Assets of California-Based Surtec Read More »
Protective Industrial Products Appoints New VP/GM of PIP EMEA
Jerome Bobinet will oversee all PIP business activities in Europe, the Middle East and Africa, the company said.
Protective Industrial Products Appoints New VP/GM of PIP EMEA Read More »
Inflation Eases in October but Remains High
Last month, the Consumer Price Index was up 7.7% from October 2021, according to data from the Bureau of Labor Statistics.
Inflation Eases in October but Remains High Read More »
Builders FirstSource Slashes 2,600 Jobs Amid Market Downturn
The distributor has also enacted a handful of other cost-cutting actions as homebuilding has soured throughout 2022.
Builders FirstSource Slashes 2,600 Jobs Amid Market Downturn Read More »
Bostwick-Braun Acquires Mill Supplies Inc.
The acquisition expands Bostwick-Braun’s industrial division.
Bostwick-Braun Acquires Mill Supplies Inc. Read More »
RBC Bearings’ Strong Sales Growth Continues in Fiscal 2Q
The company reported fiscal 2023 second-quarter net sales of $369.2 million, and increase of 129.4% over last year.
RBC Bearings’ Strong Sales Growth Continues in Fiscal 2Q Read More »
BlackHawk Acquires Ohio-Based L.A. Tool
Akron-based L.A. Tool & Supply Co. is BlackHawk’s third acquisition in Ohio in less than a year, the company said.
BlackHawk Acquires Ohio-Based L.A. Tool Read More »
Core & Main Acquires Lanier Municipal Supply
Lanier serves customers through facilities in Lakeland and Savannah, Georgia, and Panama City and Lake City, Florida.
Core & Main Acquires Lanier Municipal Supply Read More »
