Advance: U.S. 3Q GDP Jumped to 4.9% Growth
It dwarfs the 2.1% growth seen in 2023’s second quarter.
Advance: U.S. 3Q GDP Jumped to 4.9% Growth Read More »
2023
Applied’s 1Q Sales Slow, but EBITDA Jumps
Net sales for the first quarter of the company’s fiscal year were $1.1 billion, an increase of 3.1% over the prior year.
Applied’s 1Q Sales Slow, but EBITDA Jumps Read More »
Grainger 3Q Sales Grow 6.7% as Margins Hold
While total sales growth continued to slow from earlier in the year, it still far outperformed the MRO market.
Grainger 3Q Sales Grow 6.7% as Margins Hold Read More »
4 Metal Fabrication Firms Merge to Create Caldera Manufacturing
Four manufacturing companies will merge to create a single-source provider of full-service manufacturing and fabrication solutions.
4 Metal Fabrication Firms Merge to Create Caldera Manufacturing Read More »
DSG Breaks Ground on Facility in Montana
DSG’s new facility in Butte, Montana, will serve as a central distribution point for the distributor’s other locations in the state.
DSG Breaks Ground on Facility in Montana Read More »
HVAC Distributor Team Air Gains New Territories
To fully serve the new territories awarded by OEM partner American Standard, HVAC distributor Team Air will open three new branch locations.
HVAC Distributor Team Air Gains New Territories Read More »
How to Apply Analytics for Smarter Distribution Labor
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Report: UAW Moves Toward Strike-Ending Deal with Ford
Earlier this week, the 40-day strike expanded to a General Motors plant in Texas, where 5,000 workers walked out.
Report: UAW Moves Toward Strike-Ending Deal with Ford Read More »
MSC Nets $4B Sales in Fiscal 2023; ADS Flattens
While MSC’s June-August quarter ended with strong daily sales growth, it flattened to low-single digits in September and October.
MSC Nets $4B Sales in Fiscal 2023; ADS Flattens Read More »
Data: Distributors Working Though Overstock Amid Slowdown
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Boise Cascade Adds New DC in South Florida
Boise Cascade’s Building Materials Distribution division purchased a 120,000 sq. ft. warehouse and distribution facility in West Palm Beach.
Boise Cascade Adds New DC in South Florida Read More »
3M Notes Improving Business Despite $2B Loss in 3Q
3Q Industrial & Safety sales fell nearly 5% year-over-year amid mixed end-market demand and distributors right-sizing inventory levels.
3M Notes Improving Business Despite $2B Loss in 3Q Read More »
UAW Strike Expands as Nearly 7K Walk Out at Stellantis’ Largest Plant
The surprise walkout comes days after UAW President highlighted the “shortcomings” of Stellantis’ current offer.
UAW Strike Expands as Nearly 7K Walk Out at Stellantis’ Largest Plant Read More »
Fortive to Acquire Germany’s Elektro-Automatik for $1.45B
The deal figures to further boost Fortive’s electronic test and measurement offering alongside its Fluke brand.
Fortive to Acquire Germany’s Elektro-Automatik for $1.45B Read More »
The HR Evolution: From Managing Human Resources to Unlocking Human Potential
Amid the contract shift between employees and employers, Dirk Beveridge explains how today’s HR departments can bridge the gap between people and purpose.
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Integrity Partners Group Acquires West Penetone Mil/Aero Unit
It’s the first expansion for IPG, which launched this past June out of a partnership between chemical distributors ChemSolv and Chemisphere.
Integrity Partners Group Acquires West Penetone Mil/Aero Unit Read More »
Eckart Supply to Expand in Indiana with ACES Acquisition
It follows the electrical distributor’s acquisition of Buford, Georgia-based Electrical Supplies Limited in early August.
Eckart Supply to Expand in Indiana with ACES Acquisition Read More »
Boeing, Parker Lord Renew Distribution Agreement
Boeing Distribution will continue to offer Parker Lord’s shock, vibration and motion control products for production and aftermarket needs.
Boeing, Parker Lord Renew Distribution Agreement Read More »
Wiseway Supply Enters Indiana, Acquires Stearns Supply
The acquisition of plumbing supply company Stearns Supply expands Wiseway Supply’s service area into Indiana with one branch.
Wiseway Supply Enters Indiana, Acquires Stearns Supply Read More »
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.
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