International Paper Marks 125th Anniversary with Rebranding
International Paper said its rebrand aligns with its strategic vision to “build a better IP.”
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March 2023
Poll Results: Could a Four-Day Workweek Work in Distribution?
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Premium Monthly: M&A, Nearshoring & Less Economic Fear Lead February Content
During February, mergers and acquisitions continued to be a prime topic, thanks in part to MDM’s 2023 Virtual M&A Summit.
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Dutch Company Signify Acquires Intelligent Lighting Controls
ILC, which was founded more than three decades ago, will continue to be headquartered and maintain its manufacturing in Edina, Minnesota.
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Fastenal Sees 9.6% Daily Sales Growth in February
It was a deceleration from January’s 11.2% growth, but another solid month nonetheless.
Fastenal Sees 9.6% Daily Sales Growth in February Read More »
EFC Int’l Acquires Fellow Fastener Distributor ISC in St. Louis
Inventory Sales Company (ISC) is a distributor of Class-C parts with a focus on fasteners and strut accessories.
EFC Int’l Acquires Fellow Fastener Distributor ISC in St. Louis Read More »
Descartes Fiscal 2023 Revenue Up 14% Over Prior Year
Fiscal 2023 4Q revenue was $125.1 million, up 11% from $112.4 million in fiscal 4Q 2022, the company said.
Descartes Fiscal 2023 Revenue Up 14% Over Prior Year Read More »
Crawford Electric Expands Relationship with Schneider Electric
Sonepar subsidiary Crawford will now support Schneider Electric’s Square D products at locations in Texas and Louisiana.
Crawford Electric Expands Relationship with Schneider Electric Read More »
Building Controls & Solutions Acquires Minvalco
The deal marks Building Controls & Solutions’ sixth acquisition in the past four years, according to an announcement.
Building Controls & Solutions Acquires Minvalco Read More »
GMS Sees Decelerated Sales Growth in Fiscal 3Q
Net sales increased 7% year-over-year in 3Q, down significantly from 2Q sales growth of 24.4%.
GMS Sees Decelerated Sales Growth in Fiscal 3Q Read More »
Danfoss Acquires German Compressor Maker BOCK
The heating and cooling solutions provider also announced it adding a new compressor and sensor factory in Mexico.
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The Master Group Acquires Refrigeration Sales Corp.
It provides Boucherville, Quebec-based The Master Group with extensive coverage in Ohio and Pennsylvania and represents a significant expansion of the distributor’s U.S. footprint.
The Master Group Acquires Refrigeration Sales Corp. Read More »
Imperial Dade Acquires Trio of Distributors in Canada
The acquisitions come a month after Imperial Dade added Fresno, California-based Focus Packaging & Supply and 14 deals announced in 2022.
Imperial Dade Acquires Trio of Distributors in Canada Read More »
Amazon Business App Adds Purchase Order Closing Feature
The marketplace platform has also launched a new storefront aimed to advance inclusive procurement.
Amazon Business App Adds Purchase Order Closing Feature Read More »
Feb. Manufacturing PMI Rises Slightly, Remains in Contraction
The well-regarded barometer of U.S. manufacturing rose for the first time since August, but remains in contraction territory for the fourth straight month.
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What Distribution Executives Don’t Understand About Profitability and Pricing
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Evergreen Marketing Rebrands as Evergreen Supply Network
Changes also include a newly redesigned logo, new website and a complete building renovation, the company announced.
Evergreen Marketing Rebrands as Evergreen Supply Network Read More »
Lowe’s 4Q Sales Reach $22.4B
Lowe’s reported that 4Q sales increased slightly year-over-year but decreased sequentially from 3Q 2022.
Lowe’s 4Q Sales Reach $22.4B Read More »
Nonresidential Construction Spending Rises 0.3% in January
Spending, however, was down on a monthly basis in seven of the 16 nonresidential subcategories, according to an ABC analysis.
Nonresidential Construction Spending Rises 0.3% in January Read More »
Colony Hardware Acquires New South Construction Supply
The acquisition brings Colony Hardware to nearly 60 locations across the U.S.
Colony Hardware Acquires New South Construction Supply Read More »
