Optimas Solutions Opens Center of Excellence in Mexico
The Center of Excellence aims to help the fastener manufacturer and distributor build relationships with its customers.
Optimas Solutions Opens Center of Excellence in Mexico Read More »
2022
China’s Exports to U.S. Drop 13% in October as Global Economy Slows
An economic slowdown within the next 12 months is looking increasingly likely, according to economists.
China’s Exports to U.S. Drop 13% in October as Global Economy Slows Read More »
Builders FirstSource 3Q Sales Growth Slows to 4.6%
In the first quarter and second quarter of 2022, year-over-year growth topped 36.1% and 24.2%, respectively.
Builders FirstSource 3Q Sales Growth Slows to 4.6% Read More »
Envoy Solutions Acquires United Packaging in Northeast
Envoy Solutions’ deal with the Pennsylvania company continues its M&A momentum one month after acquiring seven companies in Michigan.
Envoy Solutions Acquires United Packaging in Northeast Read More »
Fastenal Hits $1B in eCommerce Revenue for First Time
Fastenal’s eCommerce sales represent 17.4% of total company year-to-date sales, the company announced.
Fastenal Hits $1B in eCommerce Revenue for First Time Read More »
Masonite 3Q Sales Increase 12%
Masonite’s net income for 2022’s third quarter was $57 million, a 51% increase over the same quarter in 2021.
Masonite 3Q Sales Increase 12% Read More »
NEFCO Opens New Fulfillment Center in Ohio
The 75,000-square-foot warehouse will include extensive inventory and broad mix of power tools, safety equipment and general jobsite supplies.
NEFCO Opens New Fulfillment Center in Ohio Read More »
Rewrite Your Strategy to Win the New Self-Serve Customer
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Rewrite Your Strategy to Win the New Self-Serve Customer Read More »
AMETEK Appoints New VP of Strategic Procurement
Gene Hahnenberg previously worked at Trane Technologies, where he was most recently Vice President of Direct Materials Procurement.
AMETEK Appoints New VP of Strategic Procurement Read More »
LINC Systems Announces New CEO
Kelly Evans retired effective Nov. 1, and the fasteners and packaging supplies distributor has named his successfor.
LINC Systems Announces New CEO Read More »
Lowe’s to Sell Canadian Retail Unit to Sycamore Partners
For a purchase price of $400 million, the transaction is expected to close in early 2023.
Lowe’s to Sell Canadian Retail Unit to Sycamore Partners Read More »
Construction Industry Adds 1,000 Jobs in October
On a year-over-year basis, industry employment has risen by 266,000 jobs, an increase of 3.6%, according to Associated Builders and Contractors.
Construction Industry Adds 1,000 Jobs in October Read More »
Fastenal’s October Daily Sales Hold Strong on Manufacturing Demand
Despite waning growth in non-residential construction markets, total daily sales growth essentially matched September’s.
Fastenal’s October Daily Sales Hold Strong on Manufacturing Demand Read More »
After Merger, Distribution Solutions Group Sees Big Increase in 3Q Sales
Lawson Products changed its name to Distribution Solutions Group after merging with TestEquity Gexpro Services in April.
After Merger, Distribution Solutions Group Sees Big Increase in 3Q Sales Read More »
Motion & Control Enterprises Acquires Nightwine Valves & Actuation
The acquisition is MCE’s third of 2022 and seventh since 2021.
Motion & Control Enterprises Acquires Nightwine Valves & Actuation Read More »
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 »
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 »
