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.
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.
