MRC Global Reports Consistent Sales Growth to End ’22
The industrial PVF products distributor reported 4Q sales of $869 million, an increase of 27% compared to the same quarter in 2021.
Day: February 13, 2023
Sandvik Manufacturing Solutions CEO to Depart in August
Sandvik Manufacturing Solutions CEO Christophe Sut will join Scanfil as its new CEO.
7 Ways Distributors Can Benefit from Reshoring
In the second of a two-part series, John Johnson covers how distributors can take advantage of the movement to reshore sourcing and shorten supply chains.
Meritus Gas Partners Acquires Southern MagneGas Locations
The assets include 7 retail locations and a recently expanded fill plant and specialty gas laboratory in the Dallas-Fort Worth area.
Sonepar USA’s OneSource Distributors Tops $1B in 2022 Sales
OneSource saw significant growth in each of its business segments in 2022.
Report: Acquisitions Down, Openings Up for Building Suppliers
M&A deals involving building supply facilities fell from 178 in 2021 to 164 in 2022, with lumber companies accounting for the most activity last year.
Data: 2022 U.S. Metalworking Machinery Orders Totaled $5.5B
Despite experiencing a decrease from total orders in 2021, the manufacturing technology industry still recorded its third-best year in 2022.
Envoy Solutions Acquires Mooney General-Paper in New Jersey
It's the fourth acquisition of 2023 for Envoy.
