Martin Inc. Announces Sudden Passing of EVP Marc Strandquist
Strandquist’s career included executive roles at Martin, Optimas Solutions and Würth Industry North America.
Martin Inc. Announces Sudden Passing of EVP Marc Strandquist Read More »
2023
QuickTake: Distributors’ Key Business Objectives for 2024
With budgets and operational planning already eyeing the year ahead, Mike Marks and Tom Gale explore where distributors have the most leverage, and where their common gaps are.
QuickTake: Distributors’ Key Business Objectives for 2024 Read More »
July U.S Construction Spending Up 0.7% from June, 5.5% YoY
Construction spending during July 2023 was estimated at a seasonally adjusted annual rate of $1.97 trillion.
July U.S Construction Spending Up 0.7% from June, 5.5% YoY Read More »
Data: 2Q North America Robot Orders See Major Decline
Drawbacks in robot orders are exacerbated by the slow economy and high interest rates, according to the Association for Advancing Automation.
Data: 2Q North America Robot Orders See Major Decline Read More »
NAW Voices Opposition to DoL’s Proposed Overtime Rule
The rule would raise the salary threshold for guarantee overtime pay from its current $35,668 to $55,000 and include a future provision.
NAW Voices Opposition to DoL’s Proposed Overtime Rule Read More »
Wajax Acquires Ontario’s Beta Fluid Power & Beta Industrial
It’s the distributor’s second deal in as many months, further boosting its Industrial Parts and Engineered Repair Services business units.
Wajax Acquires Ontario’s Beta Fluid Power & Beta Industrial Read More »
August Manufacturing PMI Posts 2nd Straight Increase
While in contraction territory for a 10th straight month, a handful of key subindexes trended positive vs. July.
August Manufacturing PMI Posts 2nd Straight Increase Read More »
Auto Parts Maker Tram Closing Plant in Indiana
In a WARN notice, the company said it expects 155 people to be affected by the permanent layoffs.
Auto Parts Maker Tram Closing Plant in Indiana Read More »
No MDM Newsletter on Monday
We’re off Monday for Labor Day, and we hope you are too. Our Update newsletter will be back in action Tuesday morning.
No MDM Newsletter on Monday Read More »
August M&A Roundup: Pace of Deals Increases Again Following Slow July
MDM reported on 40 mergers and acquisitions among industrial distributors and manufacturers in August, the most since April.
August M&A Roundup: Pace of Deals Increases Again Following Slow July Read More »
Marco Rubber & Plastics Acquires American Seal & Packing
AS&P expands Marco’s product depth and customer base while providing incremental growth opportunities across existing end-markets.
Marco Rubber & Plastics Acquires American Seal & Packing Read More »
AmerisourceBergen Rebrands as Cencora in Realignment
Under the new name Cencora, the company unifies its 46,000 employees – across several global business segments – under one identity.
AmerisourceBergen Rebrands as Cencora in Realignment Read More »
GMS Sees Narrow Organic Sales Increase in May-July
The announcement comes just a few short days after the company published its inaugural sustainability report.
GMS Sees Narrow Organic Sales Increase in May-July Read More »
Industrial Packaging Supplier Greif Acquires Most of ColePak
The partnership with Ohio-based supplier Colepak will add a new product offering to the Greif paper converting portfolio.
Industrial Packaging Supplier Greif Acquires Most of ColePak Read More »
NSI Industries Expands Building Tech Unit with Ohio Facility
The LYNN and Platinum Tools brands will gain an additional 90,000 square feet of space, improving inventory availability and shipment times.
NSI Industries Expands Building Tech Unit with Ohio Facility Read More »
AFFLINK Nabs Paper & Janitorial Supply Deal with Premier
Effective Nov. 1, the new agreement allows Premier members, at their discretion, to take advantage of special pricing.
AFFLINK Nabs Paper & Janitorial Supply Deal with Premier Read More »
Airgas Donates Nearly $2M of PPE to Disaster Response Orgs
Airgas coordinated with FEMA to donate surplus PPE to local emergency preparedness and disaster response organizations.
Airgas Donates Nearly $2M of PPE to Disaster Response Orgs Read More »
BradyIFS Merges with Envoy Solutions in JanSan, FoodService Shakeup
The agreement brings together two companies that have grown via acquisitions and have appeared on MDM’s Top Distributors Lists.
BradyIFS Merges with Envoy Solutions in JanSan, FoodService Shakeup Read More »
Pumps Maker SIMFLO Expands with New Mississippi Plant
The company will soon open its third U.S. location in Southaven, Mississippi, part of the greater Memphis region.
Pumps Maker SIMFLO Expands with New Mississippi Plant Read More »
MDM Podcast: Higher EBITDA Multiple Drivers – A McKinsey Keynote Preview
McKinsey Partner Kevin Sachs previews his team’s SHIFT conference keynote on the differentiators of those who are convincing shareholders they are growing revenue faster, expanding margins and improving their capital leverage.
MDM Podcast: Higher EBITDA Multiple Drivers – A McKinsey Keynote Preview Read More »
