During the month, MDM reported on 43 mergers and acquisitions among distributors and manufacturers, the second most in any month this year.
October M&A Roundup: 4Q Launches with 2nd Most Deals of 2023 Read More »
It gains Offen a strong foothold to continue growing in the Texas and surrounding markets.
Offen Petroleum Adds Douglas Distributing’s Wholesale Unit Read More »
Construction and building materials distributor Beacon opened three new locations to serve contractors and lumberyards.
Beacon Opens 3 Locations in Western U.S. Read More »
AD noted that 80 new companies joined the group in the year’s first nine months, half of which came via acquisitions by existing members.
AD Members’ 9-Month Sales Up 3% to Record-High Read More »
Midway brands itself as the Mid-Atlantic’s largest independent distributor of power transmission products and industrial supplies.
IDCO Adds Midway Industrial Supply as New Member Read More »
The acquisition of Advanced Industrial Supply is part of a flurry of acquisition activity in recent years to expand into new categories.
BlackHawk Acquires Advanced Industrial Supply in Idaho Read More »
Graybar’s net sales were a 3Q record, but growth is down from the numbers recorded in the first and second quarter of 2023.
Graybar 3Q Sales Rise 2.3% Read More »
How Global Industrial Became a Distribution Outperformer Read More »
Inline Electric Supply adds TVW Electrical Supplies, a distributor of electrical supplies including power distribution products.
Inline Electric Supply Acquires TVW Electrical in Alabama Read More »
‘We are currently unable to process orders online,’ a banner reads on the hardware retailer’s website.
Ace Hardware Hit by Cyber Attack Read More »
Following 2 consecutive monthly decreases, new orders increased $13.2 billion (or 4.7%) to $297.2 billion, the Census Bureau said.
Advance: September US Durable Goods Orders Jump 4.7% Read More »
GM followed suit days after the autoworkers union reached a deal with Ford and Stellantis.
UAW Reaches Deals with GM and Stellantis, Effectively Ending ‘Big 3’ Strike Read More »
James Dorn and Tom Gale outline ways to leverage manufacturer incentives, create strategic tiered suppliers at a product category level and capture every available dollar before year-end.
QuickTake: Drive Profit with Active Category Management Read More »
3Q23 revenue growth for industrial sectors declined 0.5%, according to the latest Baird-MDM Distribution Survey. Premium members can get our resulting MarketPulse report now.
MarketPulse: 3Q23 Stays in the Red as Markets Continue Settling Read More »
The company reported double-digit organic sales growth in commercial aviation, defense and space and process solutions.
Honeywell 3Q Sales Up 3% as Margins Improve Read More »
The deal further boosts their geosynthetics offerings, two months after the opening of a new Southern California facility.
Core & Main to Acquire Enviroscape in Ohio Read More »
The bearings maker said it’s eyeing the sale of non-core Aerospace product lines, which include seals, rings and PEDs.
SKF 3Q Sales up 3%; Exploring Aerospace Divestments Read More »
Year-over-year sales declines continued at the toolmaker, but gross margin and operating margins improved substantially.
Stanley B&D 3Q Sales Fall 4%, But Gross Margin Jumps Read More »
While the tentative deal ends Ford-related strikes, thousands of UAW members remain on strike at at General Motors and Stellantis.
UAW Ends Ford Strike with Tentative Contract Read More »
MDM’s Spencer Gale highlights the significant presence of emerging leaders and the strong sense of community at ISA’s Fall Summit.
Community, Connection Strong Themes at ISA Fall Summit 2023 Read More »
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