Fastenal Names New Executive VP of Operations
The company appointed Anthony P. Broersma as the Executive Vice President-Operations, effective on October 11.
Fastenal Names New Executive VP of Operations Read More »
October 2023
HARDI Distributors Report 4.5% Revenue Increase in August
The annual sales growth for the 12 months through August 2023 was 5.7%, according to HARDI.
HARDI Distributors Report 4.5% Revenue Increase in August Read More »
Fastenal’s 3Q Sales & Profits Decelerate Amid Softer Demand
For the third quarter, the company reported more than $1.84 billion in net sales, a 2.4% increase over the same period in 2022.
Fastenal’s 3Q Sales & Profits Decelerate Amid Softer Demand Read More »
Truck Inspection Delays at US-Mexico Border Stalls Trade
An inspection initiative has created “significant reductions in the export volumes of different products from Mexico to the United States.”
Truck Inspection Delays at US-Mexico Border Stalls Trade Read More »
Ferguson Posts Progress on ESG Strategy
Industrial supplies distributor Ferguson held absolute emissions steady against its increasing revenue in fiscal year 2023.
Ferguson Posts Progress on ESG Strategy Read More »
DPA Buying Group Partners with Federated Auto Parts
DPA Buying Group’s alliance with Federated Auto Parts will create new distribution opportunities for DPA’s preferred suppliers.
DPA Buying Group Partners with Federated Auto Parts Read More »
Kimball Midwest Marks Grand Opening of Connecticut Distribution Center
Industrial supplier Kimball Midwest’s Newtown Distribution Center serves customers in the northeastern region.
Kimball Midwest Marks Grand Opening of Connecticut Distribution Center Read More »
How Changing Demographics Are Killing Profits
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Sonepar Canada Acquires Accu-Flo Meter Service
On Oct. 5, electrical distributor Sonepar announced that its wholly-owned Canadian subsidiary — Sonepar Canada, Inc. — has entered into an asset purchase agreement with Accu-Flo Meter Service Ltd. for its electrical manufacturing and assembly services division. Sonepar said it will integrate the new business into Gescan, a division of Sonepar Canada Inc., and rebrand
Sonepar Canada Acquires Accu-Flo Meter Service Read More »
September Construction Backlog Indicator Drops
Despite rising project financing costs, contractors report lofty backlog, rising employment, expanding sales and stable profit margins.
September Construction Backlog Indicator Drops Read More »
Performance Foods Starts Operations at Virginia Facility
Foodservice distributor Performance Food Group Co. started operations at its 332,000-square-foot distribution center in Richmond, Virginia.
Performance Foods Starts Operations at Virginia Facility Read More »
OmniCable Adds Enterprise, Datacom Unit Leader
James Curran will be responsible for providing leadership and growth for the Datacom and Enterprise business.
OmniCable Adds Enterprise, Datacom Unit Leader Read More »
American Welding Society Appoints New President
Michael Krupnicki was appointed President of the American Welding Society to succeed Dennis Eck.
American Welding Society Appoints New President Read More »
AD Industrial & Safety Members Convene at NA Meeting
More than 900 AD members attended the 2023 AD North American Meeting — Industrial & Safety — U.S. and Safety Network Divisions in Colorado.
AD Industrial & Safety Members Convene at NA Meeting Read More »
Distributors, Is Your Pricing Right?
While counter-intuitive, price improvement has a greater positive impact on the bottom line than cost-cutting. Mitch Lee outlines three strategies for arriving at the right price.
Distributors, Is Your Pricing Right? Read More »
Sonepar Celebrates 25 Years in US, Opens Idaho Branch
Sonepar celebrated the milestone at their four U.S. Sonepar corporate offices by participating in local philanthropic activities.
Sonepar Celebrates 25 Years in US, Opens Idaho Branch Read More »
Schaedler Yesco Acquires Clarion Electric Supply
The company also said it will soon open a new 90,000-square-foot regional distribution center in Lower Burrell, Pennsylvania.
Schaedler Yesco Acquires Clarion Electric Supply Read More »
August Metalworking Orders Up 16.1% Over July
Year-to-date, however, orders have reached $2.23 billion, 12.6% lower than the first eight months of 2022.
August Metalworking Orders Up 16.1% Over July Read More »
Optimas to Open Fastener Manufacturing Plant in Mexico
The company said the new facility will complement existing plants and continue its near-shoring efforts to minimize supply chain risk.
Optimas to Open Fastener Manufacturing Plant in Mexico Read More »
BlackHawk Integrates Big Red, Boosting Fasteners Offering
The industrial distributor acquired Big Red Fasteners in 2022 as part of its long-term growth initiative.
BlackHawk Integrates Big Red, Boosting Fasteners Offering Read More »
