NetPlus Hosts 10th Annual Meeting, Presents Member Awards
The group hosted 650 distributor and supplier attendees from nearly 310 companies at its 10th Annual Meeting in Denver.
NetPlus Hosts 10th Annual Meeting, Presents Member Awards Read More »
October 2023
Green Mountain Acquires Atlantic Electrical Distribution Services
Vermont-based electrical distributor Green Mountain Electric Supply has made its eighth acquisition in less than three years.
Green Mountain Acquires Atlantic Electrical Distribution Services Read More »
Timken to Acquire Engineered Solutions Group in Houston
Timken’s acquisition of iMECH enables the bearings manufacturer to increase its product breadth and provides cross-selling opportunities.
Timken to Acquire Engineered Solutions Group in Houston Read More »
Report: Activist Investor Urges MRC Global to Explore Sale
Engine Capital reportedly said the PVF distributor could net $14 to $18 per share in a sale as a premium to its current stock price.
Report: Activist Investor Urges MRC Global to Explore Sale Read More »
Atlas Copco Adds Distributors in New Hampshire, Slovakia
Pump, compressor and vacuum equipment manufacturer Atlas Copco added three distributors to its compressor business.
Atlas Copco Adds Distributors in New Hampshire, Slovakia Read More »
Vallen Earns ISA’s 2023 Innovation Impact Award
Industrial distributor Vallen was recognized for its “groundbreaking” ESG program, dedicated to building a diverse and inclusive culture.
Vallen Earns ISA’s 2023 Innovation Impact Award Read More »
Q&A: For B2B Sales Workflow, There Must Be a Better Way
Often, too many people are involved in the B2B sales workflow, the right people aren’t, or they don’t have access to needed information. We chat with vSimple’s Katie Duvall on sales communication blind spots.
Q&A: For B2B Sales Workflow, There Must Be a Better Way Read More »
SKF Confirms Pending Closure of Luton, UK Plant
The proposal was made as part of a consolidation of the group’s spherical roller bearing manufacturing to secure competitiveness in Europe.
SKF Confirms Pending Closure of Luton, UK Plant Read More »
September U.S. Industrial Production Improves to 5-Year High
Industrial production increased 0.3% during the month and advanced at an annual rate of 2.5% in the third quarter.
September U.S. Industrial Production Improves to 5-Year High Read More »
Foundation Building Materials Adds 11 Locations via 3 Acquisitions
FBM’s Acquisitions Include A&D Supply, Studs Unlimited, Henrietta Building Supplies and KCI Doors & Hardware.
Foundation Building Materials Adds 11 Locations via 3 Acquisitions Read More »
Warehouse Automation Spending Slumps from Pandemic Highs
However, certain markets continue to see strong demand and runway, led by U.S. manufacturing.
Warehouse Automation Spending Slumps from Pandemic Highs Read More »
Simmons Pump & Supply Expands in Western Kansas
The company has opened its second U.S. location in Garden City, temporarily located at 2726 W. Jones Ave.
Simmons Pump & Supply Expands in Western Kansas Read More »
US LBM Golf Tournament Raises More than $2M
The seventh edition of the charity golf tournament was held at TPC Sawgrass outside of Jacksonville, Florida, on Oct. 11.
US LBM Golf Tournament Raises More than $2M Read More »
Wholesale Revenue Expectations Improve as Monthly Growth Continues
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Kito Crosby Unifies Under New Brand
The announcement comes about nine months after Kito Corp. and Crosby Group merged.
Kito Crosby Unifies Under New Brand Read More »
Platinum Equity to Buy Stake in US LBM from Bain Capital
A recent report from Bloomberg stated that the minority stake of US LBM is valued at approximately $7 billion.
Platinum Equity to Buy Stake in US LBM from Bain Capital Read More »
Air-Power Tools Maker P&F Industries Going Private
The company said it has agreed to be acquired by ShoreView Industries in an all-cash transaction for $13 per share.
Air-Power Tools Maker P&F Industries Going Private Read More »
Consumer Price Index Rises 0.4% in Sept.
Over the past 12 months, the all-items index increased 3.7% before seasonal adjustment, according data from the federal government.
Consumer Price Index Rises 0.4% in Sept. Read More »
Construction Input Prices Increase 0.2% in Sept.
Nonresidential construction input prices increased 0.2% for the month as well, according to Associated Builders and Contractors.
Construction Input Prices Increase 0.2% in Sept. Read More »
UPS Cuts Back on Some Rural Services
The decision comes amid the company’s push for increased efficiency. However, less than 1% of volume is expected to be impacted.
UPS Cuts Back on Some Rural Services Read More »
