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 »
2023
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.
QuickTake: Playing Offense in Defensive Times Read More »
Fastenal, NHL Expand Sponsorship Series with Multiyear Deal
The renewed partnership expands Fastenal’s NHL presence to include Global Series European games and primetime international broadcasts.
Fastenal, NHL Expand Sponsorship Series with Multiyear Deal Read More »
Dakota Supply Group Breaks Ground on Fargo Facility
The 126,000-square-foot facility has a strategic location with convenient access from 45th Street in Fargo and 9th Street in West Fargo, North Dakota.
Dakota Supply Group Breaks Ground on Fargo Facility Read More »
Kimball Midwest Nabs Another Learning & Development Award
It’s just the latest honor the MRO distributor has garnered during its centennial year of operation.
Kimball Midwest Nabs Another Learning & Development Award Read More »
DXP Refinances Debt, Raises $125M to Fund Acquisitions
DXP says the transaction provides it with ‘operational and financial flexibility to reinvest in the business and pursue its organic and targeted acquisition growth strategy.’
DXP Refinances Debt, Raises $125M to Fund Acquisitions Read More »
Rexel 3Q Sales Slow Further to 2.6% Growth
For 3Q 2023, sales in North America were $2.21 billion, an increase of 2.7%, while sales in Europe were $2.38 billion, an increase of 3.4%.
Rexel 3Q Sales Slow Further to 2.6% Growth Read More »
August U.S. Cutting Tool Orders Up 16.2% YoY
U.S. cutting tool consumption totaled $219.2M, according to the U.S. Cutting Tool Institute and Association For Manufacturing Technology.
August U.S. Cutting Tool Orders Up 16.2% YoY Read More »
Snap-on 3rd Quarter Sales Increase 5.2%
Net sales for 2023’s third quarter were nearly $1.16 billion, an increase of $56.8 million, or 5.2%, from 2022 levels.
Snap-on 3rd Quarter Sales Increase 5.2% Read More »
Watsco 3Q Sales Grow 4% to Record $2.13B
For 3Q 2023, the company also reported a 9% increase in operating income to a record $257 million.
Watsco 3Q Sales Grow 4% to Record $2.13B Read More »
Brighton-Best, Parker Fasteners Partner on Domestic Sockets
The agreement will focus on promoting the expansion of BBI’s stainless steel lines, according to a news release.
Brighton-Best, Parker Fasteners Partner on Domestic Sockets Read More »
Motion 3Q Sales Flatten but Margin Stays Healthy
Sales for Genuine Parts Company’s industrial segment were $2.2 billion, up 0.6% from the same period in 2022.
Motion 3Q Sales Flatten but Margin Stays Healthy Read More »
Data: Distributors, Manufacturers Seeing Slow Progress on Labor Front
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Data: Distributors, Manufacturers Seeing Slow Progress on Labor Front Read More »
Sonepar’s Viking Electric to Acquire Sunrise Electric in Chicago
Sunrise Electric Supply joins Sonepar with over 80 associates, according to a news release announcing the deal.
Sonepar’s Viking Electric to Acquire Sunrise Electric in Chicago Read More »
BlackHawk Adds National Accounts Operations Director
Dan Vermillion will be responsible for developing and implementing strategies aimed at optimizing the operational performance.
BlackHawk Adds National Accounts Operations Director Read More »
DoL: Kentucky Distribution Center Employed Children as Young as 11
Violations included employing one child to operate a forklift — a hazardous occupation for workers under 18 — and tasking another child to pick orders in the warehouse.
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White Cap Leases 20K Square-Foot Facility in Clearwater, FL
White Cap’s 20,000-square-foot indoor building space is in addition to 1.5 acres of industrial outdoor storage space.
White Cap Leases 20K Square-Foot Facility in Clearwater, FL Read More »
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 »
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 »
