Former Anixter Chairman Sam Zell Passes at 82
Zell piloted Anixter’s board for 34 years until its $4.5 sale to Wesco International in 2020.
Former Anixter Chairman Sam Zell Passes at 82 Read More »
June 2023
Ferguson 3Q Sales Decline 2% as Inflation Cools
The sales decline was within expectations, according to Ferguson.
Ferguson 3Q Sales Decline 2% as Inflation Cools Read More »
Core & Main Sees Modest Dip in February-April Sales & Profit
Net sales decreased 1.5% over last year, but increased 49.2% compared with the first quarter of fiscal 2021, the company said.
Core & Main Sees Modest Dip in February-April Sales & Profit Read More »
Behind the Deal: BlackHawk Grows in Fasteners with Stock’d Supply
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Behind the Deal: BlackHawk Grows in Fasteners with Stock’d Supply Read More »
April U.S. Manufactured Goods Orders See 4th Rise in 5 Months
The U.S. Census Bureau shows new orders for manufactured goods, inventories and unfilled orders have increased, while shipments remain down.
April U.S. Manufactured Goods Orders See 4th Rise in 5 Months Read More »
NAED President & CEO Tom Naber Resigns
Ed Orlett is serving as interim CEO while a search has begun for a permanent successor.
NAED President & CEO Tom Naber Resigns Read More »
Fastenal Daily Sales Slow as Fasteners Turn Negative in May
It was the distributor’s weakest daily sales growth month since June 2021.
Fastenal Daily Sales Slow as Fasteners Turn Negative in May Read More »
Proton.ai Partners with Infor on AI-Backed CRM
Get all the details on the collaboration between the two industry technology providers and how they look to help distributors grow.
Proton.ai Partners with Infor on AI-Backed CRM Read More »
Some West Coast Port Operations Halted Amid Labor Dispute
Operations at major West Coast container ports have been disrupted as dockworkers and port employers fail to reach a deal over wages.
Some West Coast Port Operations Halted Amid Labor Dispute Read More »
STAFDA Details Convention Workshop Sessions, Speakers
STAFDA’s 47th annual convention will take place from Nov. 5-7 in San Antonio.
STAFDA Details Convention Workshop Sessions, Speakers Read More »
MCE Acquires Distributors in Florida, Michigan
MCE has now made 10 acquisitions since January 2021.
MCE Acquires Distributors in Florida, Michigan Read More »
KKR to Acquire Flow Control Supplier CIRCOR for $1.6B
CIRCOR is a manufacturer of flow control products serving the industrial, aerospace and defense markets.
KKR to Acquire Flow Control Supplier CIRCOR for $1.6B Read More »
Rexel to Buy Dutch HVAC Distributor Wasco in $518M Deal
The acquisition will double Rexel’s size in the Netherlands.
Rexel to Buy Dutch HVAC Distributor Wasco in $518M Deal Read More »
Aircraft Parts Distributor Incora Files for Bankruptcy
Known as Wesco Aircraft until 2020, the company looks to right-size its debt amid reduced demand and ongoing litigation.
Aircraft Parts Distributor Incora Files for Bankruptcy Read More »
April Construction Spending Up 1.2% from March, 7.2% YoY
Construction spending during April was estimated at a seasonally adjusted annual rate of approximately $1.9 trillion.
April Construction Spending Up 1.2% from March, 7.2% YoY Read More »
3M to Invest $146M in Biopharma Filtration Tech
3M will make facility and equipment improvements to expand its biotech manufacturing capabilities, and add 60 employees in Europe.
3M to Invest $146M in Biopharma Filtration Tech Read More »
Data: CEO Pay Increases Slow as Boards Right-Size Compensation
Pay for S&P 500 company CEOs in 2022 rose just 0.9% to $14.8 million in median compensation, according to an AP study.
Data: CEO Pay Increases Slow as Boards Right-Size Compensation Read More »
Schaedler Yesco’s Malvizzi Earns NAED Lifetime Honor
The National Association of Electrical Distributors awarded Schaedler Yesco Distribution’s Marc Malvizzi a Lifetime Achievement Award.
Schaedler Yesco’s Malvizzi Earns NAED Lifetime Honor Read More »
How to Fund and Manage Channel Incentive Programs
Once you establish goals for your customized incentive program and become familiar with its analytics output, budgeting is the next key component.
How to Fund and Manage Channel Incentive Programs Read More »
DPA Buying Group Announces 2022 Industrial, Safety Winners
DPA’s annual Industrial and Safety Buying & Networking Conference was held in Jacksonville Riverfront in Florida, April 24-26.
DPA Buying Group Announces 2022 Industrial, Safety Winners Read More »
