It’s another big week for industrial manufacturer’s financial reports. We recap the key figures for seven of them here.
Financials: Kennametal, Ingersoll Rand, Timken, Parker & More Read More »
The acquisition of Spokane, Washington-based Edge Construction Supply furthers NEFCO’s expansion to the West Coast with nine new locations.
NEFCO Acquires Edge Construction Supply in Spokane Read More »
Singer Industrial joined forces with Hotsy Equipment of Colorado and Wyoming headquartered in Greeley, Colorado.
Singer Industrial Adds Hotsy Equipment’s CO & WY Unit Read More »
Power transmission distributor Purvis Industries acquired Torque Drives, an industrial distributor of power transmission components and more.
Purvis Expands in Ohio, Acquires Torque Drives Read More »
The distributor’s $269 million acquistion of Hisco this spring figures to drive big year-over-year gains through the first half of 2024.
Hisco Drives DSG’s Major 3Q Gains; Organic Slides Read More »
WESCO saw year-over-year growth in its CSS and UBS units, while its largest unit — EES — declined.
Wesco 3Q Sales up 3.6%, Lowers Outlook as Margins Dip Read More »
MCE acquired Georgia-based motor control and drive distributor Applied Industrial Controls and systems integrator Engineered Systems Group.
MCE Completes 6th & 7th Acquisitions of 2023 Read More »
On a constant currency basis, sales decreased 7.8% year-over-year and decreased 2.9% sequentially, Avnet said in a news release.
Avnet 1Q Sales Down 6.1%, but Net Profit Improves Read More »
NAW’s Bart Tessel and Applico’s Alex Moazed share thoughts on distribution innovation and technology today as critical differentiators, and where they’re headed.
MDM Podcast: The State of Distribution Innovation Read More »
August’s growth was considerably revised upward, from 0.5% to 1.0%, according to new data from the Census Bureau.
September U.S. Construction Spending up 0.4% from August Read More »
Marietta, Georgia-based building products distributor BlueLinx reported a 24% decrease in sales revenue in the third quarter of 2023.
BlueLinx 3Q Sales & Profits Slide on Weak Housing Read More »
‘Economic activity expanded at a strong pace in the third quarter,’ the central bank said in a statement Nov. 1.
Citing ‘Strong’ Economy, Fed Leaves Rates Unchanged Read More »
Viscan is a leading supplier of specialized screws, general fasteners and related components.
Endries International Acquires Viscan Group in Quebec Read More »
In its sixth deal of the year, Singer Industrial joined forces with North Carolina-based Viking Hose and Fittings.
Singer Industrial Continues Deal Spree, Adds Viking Hose Read More »
The company reported net sales of $4.5 billion, a 21.3% decrease primarily driven by a weaker housing market and commodity deflation.
Builders FirstSource Sees Continued Sales & EBITDA Declines Read More »
It followed two straight months of improvement, retracting further into contraction territory.
October PMI Falls 2.3 Points from September Read More »
The planned cash transaction would be funded through available capacity in Greif’s existing credit facilities.
Greif to Acquire France’s IPACKCHEM in $538M Deal Read More »
A court found that the company failed to pay affected workers overtime back wages since August 2018 and violated recordkeeping provisions.
F.W. Webb Pays $3.2M in Overtime Pay to 700 Sales Reps Read More »
The building materials distributor and manufacturer said that 91% of 3Q 2023 revenue came from distribution.
Boise Cascade 3Q Distribution Sales Fall 15% Read More »
Two of North America’s largest JanSan, foodservice and packaging supplies distributors are now one.
BradyIFS, Envoy Solutions Complete Blockbuster Merger Read More »
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