June Orders for Manufactured Goods Up 2.3%
New orders for manufactured goods in June — up 6 of the past 7 months — increased $13.4 billion or 2.3%.
August 3, 2023
Fiscals: Columbus McKinnon, Ingersoll Rand, Timken, MSA
It's a big week for industrial manufacturer's financial reports. We recap the key figures for four of them here.
Home Depot’s HD Supply Eyes Deeper MRO Market Penetration
After re-acquiring HD Supply in 2020, The Home Depot reveals plans for the MRO distributor's role in expanding market reach.
Canada’s Roofmart Acquires AMA Roofing Supplies
It brings together two long-time, family-owned members of the roofing supply industry in Ontario.
ABC Supply Adds 7 Canada Locations with Cedar Grove Roofing
Roofing and building products distributor ABC Supply Co. has grown it Canadian presence by acquiring Cedar Grove Roofing Supply.
NOW Inc. 2Q Sales Slow to Still-Healthy 10% Growth
NOW's President and CEO said the distributor had the most profitable first half of the year since being a public company.
Wesco 2Q Sales Growth Slows to 5% on Weaker EES Segment
Wesco reported record second-quarter sales thanks to growth in two segments which offset a quarterly drop in its electrical business unit.
