‘Mixed Results’ in January for ASA Members
Members report another strong month compared to the same period in 2021, but most respondents say sales were down from December.
‘Mixed Results’ in January for ASA Members Read More »
2022
Earnings Confirm Hopes as Industrial Distributors Ride Momentum in ’22
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Earnings Confirm Hopes as Industrial Distributors Ride Momentum in ’22 Read More »
SBP Holdings Acquires Hydrafab
The Wyoming-based company is expected to operate within Dakota Fluid Power, the fluid power/automation platform for SBP Holdings.
SBP Holdings Acquires Hydrafab Read More »
Huttig 4Q Sales Up 24.8%
The distributor also reported that 2021 year-end net sales increased 18.4% to $937.8 million, compared to $792.3 million in 2020.
Huttig 4Q Sales Up 24.8% Read More »
TriMas 4Q, Annual Sales Increase
The manufacturer of engineered and applied products reported 4Q and 2021 sales increased by 11.1% and 11.3%, respectively.
TriMas 4Q, Annual Sales Increase Read More »
HARDI Revenue Up 35.3% in January
Heating, Air-conditioning & Refrigeration Distributors International says average annual growth for the 12 months ending in January is 25%.
HARDI Revenue Up 35.3% in January Read More »
Builders FirstSource Sees ‘Record’ Sales
The distributor’s 2021 yearly net sales reached nearly $20 billion, while fourth-quarter net sales reached $4.6 billion.
Builders FirstSource Sees ‘Record’ Sales Read More »
Global Industrial Outlines 2022 Strategy Focus
In the MDM Podcast this week, Global Industrial CEO Barry Litwin discussed the company’s 2021 financial performance, as well as the strategic initiatives it is undertaking to continue a transformation process.
Global Industrial Outlines 2022 Strategy Focus Read More »
TriMas Acquires Intertech Plastics
The Michigan-based manufacturer of engineered and applied products says Intertech will immediately become part of TriMas Packaging.
TriMas Acquires Intertech Plastics Read More »
Platforms, Networks and the Future of Distribution
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Bunzl Yearly Revenues Grow
The specialist international distributor says 2021 revenues increased 7.1% over 2020 when considering growth at constant exchange.
Bunzl Yearly Revenues Grow Read More »
Masonite Agrees to $100M Share Buyback
The door manufacturer and distributor says it has entered into an accelerated share repurchase agreement with Morgan Stanley & Co. LLC.
Masonite Agrees to $100M Share Buyback Read More »
Home Depot Adds 2 Board Members
The retailer announced the appointment of Paula Santilli, CEO of PepsiCo Latin America, and Caryn Seidman-Becker, chair and CEO of CLEAR.
Home Depot Adds 2 Board Members Read More »
Amidst Gangbusters Job Market, Employers Must Do More to Attract, Retain Talent
An unprecedented labor situation necessitates an innovative approach to hiring. Being data-driven and developing talent strategies are among the ways employers can succeed.
Amidst Gangbusters Job Market, Employers Must Do More to Attract, Retain Talent Read More »
Pool Corp. Declares Dividend
The Covington, Louisiana-based company says its board of directors declared a quarterly cash dividend of $0.80 per share.
Pool Corp. Declares Dividend Read More »
Owens & Minor Picks New Board Member
The global healthcare solutions company says Kenny Gardner, chief people officer at DaVita, Inc., will join its board of directors.
Owens & Minor Picks New Board Member Read More »
February 2022 M&A Roundup: Sonepar-Nautic Deal Closes Out Month
M&A activity slowed somewhat in February, but the month wrapped up on an announcement that will likely draw eyes from across the distribution industry.
February 2022 M&A Roundup: Sonepar-Nautic Deal Closes Out Month Read More »
Tompkins Solutions Names New CEO
The North Carolina-based supply chain consulting and services firm says David Latona will assume the position of president and CEO.
Tompkins Solutions Names New CEO Read More »
Sonepar to Sell Vallen to Nautic Partners
The middle-market private equity firm reached a deal to acquire supply chain solutions company Vallen Distribution from the Sonepar Group.
Sonepar to Sell Vallen to Nautic Partners Read More »
2022 Forecast Remains Strong Despite Inflation
A recent GDP forecast revised upward for last year’s 4Q, but 2022’s pace of growth so far is slower than 2021. Brian Lewandowski from the Leeds School of Business at the University of Colorado outlines how recent trends may impact distributors.
2022 Forecast Remains Strong Despite Inflation Read More »
