QuickTake: Playing Offense in Defensive Times
Mike Marks and Tom Gale discuss data points from the 3Q23 Baird-MDM Survey, what the front lines in distribution are saying about how 4Q is shaping and things firms can do now to outperform in 2024.
October 20, 2023
Fastenal, NHL Expand Sponsorship Series with Multiyear Deal
The renewed partnership expands Fastenal's NHL presence to include Global Series European games and primetime international broadcasts.
Dakota Supply Group Breaks Ground on Fargo Facility
The 126,000-square-foot facility has a strategic location with convenient access from 45th Street in Fargo and 9th Street in West Fargo, North Dakota.
Kimball Midwest Nabs Another Learning & Development Award
It’s just the latest honor the MRO distributor has garnered during its centennial year of operation.
DXP Refinances Debt, Raises $125M to Fund Acquisitions
DXP says the transaction provides it with 'operational and financial flexibility to reinvest in the business and pursue its organic and targeted acquisition growth strategy.'
Rexel 3Q Sales Slow Further to 2.6% Growth
For 3Q 2023, sales in North America were $2.21 billion, an increase of 2.7%, while sales in Europe were $2.38 billion, an increase of 3.4%.
August U.S. Cutting Tool Orders Up 16.2% YoY
U.S. cutting tool consumption totaled $219.2M, according to the U.S. Cutting Tool Institute and Association For Manufacturing Technology.
