Q&A: Inside North Coast Electric’s New CDC
MDM speaks with North Coast Electric President Cory McCulloch to discuss his company's new DC in Auburn, Washington and the Sonepar subsidiary's plans for the future.
May 2023
AD to Merge with Groundwater Distribution Buying Group Baron
The Baron Group will join AD's Pipe, Valves & Fittings (PVF) Division.
IDCO Honors Top 2023 Hoser Suppliers
The Hoser Honors program is a platform to acknowledge superior performance from IDCO Endorsed suppliers, the co-op says.
May M&A Roundup: 2Q Boost Continues with 37 Deals
As the calendar crawls toward summer, the pace of M&A activity among industrial distributors and manufacturers stays robust.
ISA to Host Half-Day DEI&B Workshop June 6
The virtual ISA workshop is designed to give practical strategies and tools for creating a more inclusive company.
Parts Town Details Rapid Growth, Eyes $2.4B in 2023 Revenue
The OEM foodservice equipment parts distributor expects its exponential growth to continue in 2023.
Dakota Supply Breaks Ground on Western Wisconsin Branch
Midwest electrical, plumbing and HVAC distributor Dakota Supply Group began construction on its fifth distribution location in Wisconsin.
China May Factory Activity Contracts Faster than Expected
Economists polled by Reuters had expected China's manufacturing PMI to increase slightly in May.
Home Depot, Lowe’s Ready for Pros’ Shrinking Project Sizes
Lowe’s reports a more positive outlook on Pro customer sales as projects shrink and Pros work through backlogs.
Chemicals Distributor LBB Specialties Relocates Connecticut HQ
LBB Specialties is consolidating from two original locations in Norwalk.
DigiKey Racks Up Supplier Awards at EDS Summit
DigiKey was honored for its 2022 performance during the 2023 EDS Leadership Summit in Las Vegas.
Core U.S. Capital Goods Orders Post Unexpected April Gain
The U.S. Census Bureau also said that data for March was revised higher to show that core capital goods declined 0.6% as opposed to the previously reported drop of 1.1%.
Columbus McKinnon Posts Record 2023 Sales; 4Q Slows
The company reported sales of $253.8 million for its fiscal fourth quarter, which ended March 31.
Macomb Group Adds Large Warehouse Branch in Ohio
The new location in Columbus expands Macomb's reach to central Ohio and West Virginia.
QuickTake: The Many Problems that AI Engines Can Solve
MDM's Tom Gale and IRCG's Mike Marks tackle the broader AI-backed applications that may soon become widespread in distribution.
SouthernCarlson Names Metabo HPT its ‘Supplier of the Decade’
The award represents the 'rare' relationship Metabo HPT and SouthernCarlson have shared over the past decade, SouthernCarlson President Andrei Militaru said.
Mfg, Distribution SaaS Provider Advantive Makes 2 Deals
Advantive's latest acquisitions, ParityFactory and VeraCore, focus on the foodservice and logistics industries, respectively.
Hillenbrand to Buy Schenck Processing Unit for $730M
It's the first acquisition of 2023 for Hillenbrand after the industrial distributor made four bolt-ons in 2022.
Dakota Supply’s Kennedy Elected to AD Corporate Board
Paul Kennedy has over 30 years of experience in the plumbing, electrical, HVACR and waterworks distribution industries.
No MDM Update Newsletter on Monday
Just a heads up that MDM won't deploy an Update newsletter on Monday while we're off for Memorial Day. We'll be back in action Tuesday.
