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 »
Beacon will create a new specialty waterproofing division as a result of the acquisition.
Lowe is expected to continue operating under its current, founder-led management team and will be supported by the Crescent platform.
Crescent Electric to Acquire Georgia Distributor Lowe Read More »
MDM looks at another round of earnings reports from industrial distributors and manufacturers.
Earnings Roundup: Kennametal, Columbus McKinnon, Regal Rexnord, AMETEK Read More »
Michael Knight will succeed longtime Endries President Steve Endries, who will remain with the company.
Endries Names New President and CEO Read More »
Stellar said the deal strengthens its presence in the Los Angeles Metro region as well as the state’s Central Valley region.
Stellar Industrial Supply Acquires SoCal Supplier Read More »
Sales increased 26% to $55.8 billion through nine months, the independent distributor organization said.
AD Reports Record Member Sales Through Nine Months Read More »
Baird-MDM 3Q Survey: Distributors Expect Pricing to Increase at Slower Rate in 2023 Read More »
Prices climbed about 6.2% last month compared to a year earlier, the same rate as in August, according to the Commerce Department.
Report: Prices for Most Goods Rose 6.2% in Sept. Read More »
While sales increased over 3Q 2021, net income decreased to $2.9 billion, or $0.28 per diluted share, Amazon said.
Amazon 3Q Sales Rise 15% to $127B Read More »
Sales growth was slower than in 2Q, but Grainger remains on pace to finish 2022 strong.
Grainger Poised for Strong Finish after 3Q Sales Jump 17% Read More »
Jerrel Flatt recently worked for Apex Tool Group, LLC and prior with Colony Hardware, Werner Co. and Newell Rubbermaid.
Lawless Group East Hires New Regional VP Read More »
Barrett Thompson discusses how sellers can maintain positive relationships with customers despite a harsh economic environment.
Price Changes and Inventory Shortages Don’t Need to be Difficult Conversations Read More »
MDM looks at reports from Stanley Black & Decker, Avnet, Timken, Illinois Tool Works, MSA Safety Incorporated, Caterpillar and Saint-Gobain.
Earnings Roundup: Stanley Black & Decker, Avnet, Timken, ITW and more Read More »
In its fiscal 1Q 2023, Applied Industrial Technologies reported net sales of $1.1 billion and net income of $76.9 million.
Applied Industrial Fiscal 1Q Sales Rise 19% Read More »
The expansion will double the paint and coating manufacturer’s existing workforce in Statesville, North Carolina.
Sherwin-Williams Breaks Ground on Expansion in North Carolina Read More »
The acquisition comes roughly a year after the merger between Regal Beloit and Rexnord Corp.
Regal Rexnord to Buy Altra Industrial Motion for $5B Read More »
Vin Zachariah will be responsible for process improvement across the company and developing execution strategies to drive scale and growth.
Digicomm Appoints New Chief Operating Officer Read More »
The fasteners manufacturer and distributor said the policy serves to enhance existing regional practices.
Optimas Rolls out Diversity, Equity and Inclusion Policy Read More »
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