Watsco Acquires Gateway Supply for $103M
Gateway has annual sales of approximately $180 million and serves approximately 4,000 customers from 15 locations.
September 6, 2023
Winsupply Adds Properties to Expand Support Services Campus
The Winsupply Support Services campus in Moraine, Ohio, continues to expand with the purchase of two additional properties.
MDM Podcast: Education, Industry Demand and What STAFDA’s Up To
STAFDA CEO Georgia Foley stops by to discuss the association's new educational initiative, how U.S. Infrastructure Bill funds are impacting industry demand and to preview the group's annual convention.
Lumber Associations MLA, NLA Merge
The Mid-America Lumbermens Association will merge with the Northwestern Lumber Association to represent over 1,800 building material dealers.
Core & Main 2Q Sales Flat YoY, but Sequential Jumps
The 2Q period follows the company's February-April period, in which sales slid 1.5% YoY and increased 49.2% sequentially.
Star Cutter Co. Acquires Tru Tech CNC Grinding
Cutting tool supplier Star Cutter Co. acquired Tru Tech CNC grinding systems from New Hampshire-based Resonetics.
HARDI Members Post 5.2% YoY Revenue Growth in July
The annual sales growth for the 12 months through July 2023 is 6.2% percent, according to a HARDI news release.
Univar Solutions Acquires FloChem in Eastern Canada
FloChem is a distributor of commodity and specialty chemical solutions from North American manufacturers.
Beacon Acquires S&H Building Material Corp. in NY
In 2023, Beacon has expanded its branch footprint through the completion of seven acquisitions and 14 new greenfield locations.
DoE Allocates $15.5B to Retool Factories for EV Production
The U.S. Department of Energy announced opportunities to help manufacturers retool existing factories and transition to electric vehicles.
