MCE Acquires Nova Hydraulics in Indianapolis
Nova specializes in the repair, remanufacture and supply of hydraulics parts to end-users, resellers, repair houses and OEMs.
2023
Millard, Valls to Co-Lead Turtle; Shanahan to Become Advisor
Jayne Millard and Kathleen Shanahan were co-CEOs from 2018-2020, and Shanahan has served as the sole CEO since then.
What Distributor Attendees Gained from MDM’s SHIFT Conference
Now two weeks past MDM's marquee in-person thought leadership event, we reflect upon insights that several attendees shared from their experience there.
Sonepar Makes Splash in Florida, Acquires ESI
Sonepar plans to align the electrical contractor business of ESI with World Electric, while ESI’s utility segment will align with Irby Utilities.
GMS Acquires AMW Construction Supply in Phoenix
Tool and fastener distributor AMW will operate under its legacy name and will further support GMS’s existing presence in the Phoenix market.
Beacon Adds Waterproofing Distributor Garvin
Massachusetts-based distributor Garvin Construction Products joins Beacon's growing waterproofing division.
BlackHawk Industrial Appoints Manufacturing Leader
Todd Sanzone will take on BlackHawk Industrial's newly created role to integrate and optimize manufacturing operations.
Winsupply Acquires Keidel Supply in Ohio
Plumbing and PVF distributor Keidel Supply will join Winsupply and continue to serve residential and commercial trade customers.
PTDA, BSA Add 5 More Categories to PIE Tech Platform
The new categories include seals, linear bearings profile rail, bushings (hub fixing devices), chains and sprockets.
August U.S. Construction Spending Up 0.5% from July
Construction spending during August 2023 was estimated at a seasonally adjusted annual rate of more than $1.98 trillion.
Timken Acquires Linear Motion Supplier Rosa Sistemi in Italy
The acquisition of manufacturer Rosa Sistemi will add complementary product lines in linear motion to Timken's portfolio.
Singer Industrial Adds Distributors in Minnesota, California
Singer Industrial has joined forces with California's Capital Rubber & Gasket Co. and Minnesota's TS Products, Inc.
Imperial Dade Makes Acquisitions in Ohio, Quebec
Customers of Janton and a division of Eugene Allard can expect a greater offering of products and solutions, Imperial Dade officials said.
Bosch Rexroth Names New President & CEO
Hydraulics manufacturer Bosch Rexroth named Erwin Wieckowski President and CEO of Bosch Rexroth North and Central America.
MDM Podcasts: 3Q23 Guests Map Strategic Plans for Distributors’ Road Ahead
In MDM's latest quarterly podcast review, we look back at all the voices and topics covered between July and September 2023.
September PMI Improves to 10-Month High
The latest data shows a reading of 49% for September, the 11th straight month that the Producer Manufacturing Index was in contraction.
QuickTake: Data Analytics Powers a Profitability Playbook
James Dorn and Tom Gale discuss distributors’ use of data analytics to inform profitability decisions in the year ahead, which figures to involve more strategy as firms can't lean on inflation.
DuPont Opens EV Adhesives Plant in China
The facility will produce adhesives for customers in the transportation industry, primarily in vehicle-electrification applications.
SRS Distribution Acquires Sunniland Corp. in U.S. Southeast
Sunniland Corp. is a distributor of residential and commercial roofing products and related accessories.
Border States Opens Locations in Sioux Falls, Minneapolis
The two openings represent the second and third new branches announced by the company in September.
