SureWerx Acquires Massachusetts-Based Oberon Company
Oberon designs and manufactures a wide variety of Arc Flash safety products, including suits, face shields and gloves.
SureWerx Acquires Massachusetts-Based Oberon Company Read More »
November 2022
A Distributor Case Study in Adding Automation to Culture
Our latest MDM Webcast explores the many facets of where automation can be applied for distributors, and how instilling a mantra of ‘What can we automate?’ across the organization can maximize the technology’s effectiveness.
A Distributor Case Study in Adding Automation to Culture Read More »
Owens & Minor 3Q Revenue Stays Near $2.5B
For the nine-month period ending in September, total revenue was $7.4 billion, up sightly versus the same period last year.
Owens & Minor 3Q Revenue Stays Near $2.5B Read More »
NOW Inc. 3Q Revenue Reaches $577 million
Net income attributable to NOW Inc. was $40 million for 2022’s third quarter, the company said in an announcement.
NOW Inc. 3Q Revenue Reaches $577 million Read More »
Airline Hydraulics Opens New Facility in Pennsylvania
The new facility will provide an increase in hydraulic manufacturing, maintenance and inventory services to businesses in the Northeast.
Airline Hydraulics Opens New Facility in Pennsylvania Read More »
Wesco Reports 3Q Net Sales of $5.4B
Wesco also closed on a previously reported deal to acquire Rahi Systems Holdings, Inc. for $217 million.
Wesco Reports 3Q Net Sales of $5.4B Read More »
HARDI Distributor Revenues Rise 18% in Sept.
The average annual sales growth for the 12 months through September 2022 is 23.5% percent, HARDI announced.
HARDI Distributor Revenues Rise 18% in Sept. Read More »
Michael Cinquemani Garners PTDA’s Warren Pike Award
The distinguished lifetime achievement award honors long-term support of the PTDA and PT/MC industry.
Michael Cinquemani Garners PTDA’s Warren Pike Award Read More »
SBP Holdings Acquires Florida-Based Central Hydraulics
Central Hydraulics operates five locations across Florida, expanding SBP’s footprint in the U.S. to approximately 85 locations.
SBP Holdings Acquires Florida-Based Central Hydraulics Read More »
US LBM Acquires Truss Suppliers in Georgia, North Carolina
The distributor has added Atlanta-based Georgia Truss and Fayetteville-based Comtech.
US LBM Acquires Truss Suppliers in Georgia, North Carolina Read More »
Are You Hiring Honestly?
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Are You Hiring Honestly? Read More »
Applied Industrial Technologies Acquires Automation Inc.
Applied continued its investment in the automation industry with its fourth acquisition in that market since 2019.
Applied Industrial Technologies Acquires Automation Inc. Read More »
Global Industrial Opens Toronto Distribution Center, Reports 3Q Earnings
The new DC significantly expands the company’sfootprint in Canada, while its margin and profit dipped in 3Q despite higher sales.
Global Industrial Opens Toronto Distribution Center, Reports 3Q Earnings Read More »
Endries Acquires Alliance Nut & Bolt
It’s the third acquisition of the year for Wisconsin-based Endries.
Endries Acquires Alliance Nut & Bolt Read More »
MDM Podcast: Jay Platt’s Passion for Learning and Communication
Decades before digital transformation became an imperative, Jay Platt, CEO of BlueVolt and former CEO of Platt Electric, was on a mission to improve how his customers, team members and vendors could access information, whether for training, customer support or building a stronger company culture. He’s still at it.
MDM Podcast: Jay Platt’s Passion for Learning and Communication Read More »
Fortna and MHS Global to Retain FORTNA Brand Following Merger
Customers will see the new brand as ‘a global leader in transformative omnichannel and parcel distribution solutions,’ the companies said.
Fortna and MHS Global to Retain FORTNA Brand Following Merger Read More »
October 2022 M&A Roundup: High-Dollar Deals Mark Busy Month
During the month of October, MDM reported on 28 mergers and acquisitions in the industrial distribution and manufacturing sector. Read about them here.
October 2022 M&A Roundup: High-Dollar Deals Mark Busy Month Read More »
Despite Rise in Orders, October PMI Slides to Just Above Breakeven
Key sub-indexes of orders, production and employment each rose from Sepember, but were more than offset by declines elsewhere.
Despite Rise in Orders, October PMI Slides to Just Above Breakeven Read More »
Allied Electronics & Automation Announces President Succession
RS Group’s chief services officer will act as president of Allied in the interim.
Allied Electronics & Automation Announces President Succession Read More »
Nonresidential Construction Spending Ticks Up in September
The construction industry had 422,000 job openings in September, according to an Associated Builders and Contractors’ analysis.
Nonresidential Construction Spending Ticks Up in September Read More »
