February 2, 2023

Imperial Dade Acquires Focus Packaging & Supply

The distributor of foodservice packaging and janitorial supplies serves the greater Fresno market in central California.

MDM looks at another round of earnings reports from industrial suppliers.

Robert (Bob) Buttermore will be named Senior Vice President and Chief Supply Chain Officer, effective Feb. 13.

Avnet's 2Q sales were up 14.5% year-over-year, according to its Feb. 2 earnings announcement.

Timken's latest M&A deal comes just two days after the company reached an agreement to acquire Nadella Group.

The toolmaker reported full-year 2022 revenues of $16.9 Billion, an 11% increase over the prior-year total.

For the full year, Grainger saw its sales grow 16.9% from 2021.