Worthington Industries Acquires Level5 Tools
Kansas-based Level5 is expected to join Worthington’s collection of tools for both professionals and DIYers.
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2022
The Role of Distributors Amid B2B Marketplace Proliferation
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Descartes Systems Acquires XPS Technologies
‘XPS complements our significant recent investments in the e-commerce fulfillment and shipping space,” Descartes’ CEO says.
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Winsupply to Hold Grand Opening for New DC
On June 8, Winsupply will hold its grand opening for a new regional distribution center just south of Oklahoma City.
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Plumbing Distributors, Inc. Acquires W.A. Bragg
The company says the deal will play a critical role in PDI’s Southeastern expansion plans by expanding locations in Georgia.
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Fastenal’s May Shows Modest Daily Sales Slowdown, Headcount Keeps Growing
While the pace of daily sales decelerated, overall sales remained robust as the company made further strides in hiring.
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How Distributors Can Cut Through Economic Noise
MDM’s Tom Gale and Indian River Consulting’s Mike Marks discuss what’s in store for distributors in 2022’s second half.
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Lawless Group West Names New Jobsite Specialist
The Dallas-based vendor and manufacturer rep says Travis Valera has joined the Lawless Group West team.
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McCoy’s Building Supply Appoints New CEO
Meagan McCoy Jones has assumed the role president and CEO of McCoy’s Building Supply, the company said.
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BradyIFS Acquires Camden Bag and Paper
The foodservice, jan/san and packaging supplies distributor says Camden has ‘catered to a wide range of businesses.’
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MSC Industrial Grows in Midwest, Acquires Engman-Taylor
It’s only MSC’s third acquisition since 2018, gaining a fellow metalworking and industrial supplies distributor.
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Packer Fastener Announces New Illinois Location
The Wisconsin-based fastener distributor says the 10,000-square-foot facility will open July 1 in the Rockford area.
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White Cap Acquires CSI Geoturf
Atlanta-based White Cap Supply Holdings says it has closed on a deal to acquire the Michigan-based wholesale distributor.
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MCE Acquires Lone Star Machine Works
Motion & Control Enterprises reached a deal with the provider of hydraulic repair, precision machining, welding, and fabrication services.
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Descartes 1Q Revenue Tops $116M for FY ’23
The Ontario, Canada-based logistics provider says fiscal 2023 1Q revenue was up 18% from the previous-year quarter.
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What Manufacturers Can Learn from Fastenal’s Go-to-Market Strategy
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Alaska Rubber Group Acquires Industrial Supply Inc.
The deal is expected to expand Alaska Rubber Group branch locations to 12 across Alaska, Washington and Oregon.
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US LBM Acquires Truss Fab
The distributor acquired the manufacturer of structural roof and floor trusses, wall panels and supplier of lumber to customers in the Southwest U.S.
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AD to Merge with Torbsa
AD and Torbsa Limited, a building supplies buying group in Canada, have agreed to merge, with an effective date of July 1.
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Stanley Black & Decker Names New CEO
In addition to the leadership announcement, the company plans to invest up to $250 million in supply chain productivity.
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