Border States Acquires Sequel Electrical in Mississippi
It adds 18 locations and 220 employees to Border States as its first acquisition in 18 months.
Border States Acquires Sequel Electrical in Mississippi Read More »
2023
August Wholesale Data: 2023-2024 Expectations Further Regress Slightly
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August Wholesale Data: 2023-2024 Expectations Further Regress Slightly Read More »
Services Pushed July Wholesale Inflation Above Expectations
July’s PPI increased at a faster pace in July vs. June, with core CPI posting its biggest one-month increase since February.
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Masonite 2Q Sales & Margins Slip Amid Softer Demand
Net sales for the quarter were down 3% from 2022, while net income attributable to Masonite dropped 18%.
Masonite 2Q Sales & Margins Slip Amid Softer Demand Read More »
Turtle Opens Relocated New Jersey Headquarters
The new headquarters offers a wellness center, kitchen, coffee and luncheon area, and a game room — complete with a golf simulator.
Turtle Opens Relocated New Jersey Headquarters Read More »
U.S. Wholesale Revenues Declines Accelerated in June
Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, also declined during the month.
U.S. Wholesale Revenues Declines Accelerated in June Read More »
U.S. Consumer Inflation Expanded Modestly in July
Consumer prices increased at a slightly higher pace than in June, while core inflation ticked downward.
U.S. Consumer Inflation Expanded Modestly in July Read More »
Applied’s 2023 Fiscal Year Sees 16% Sales Gain
The company reported that fiscal 4Q net sales were $1.2 Billion, up 9.1% YoY and up 8.6% on an organic basis.
Applied’s 2023 Fiscal Year Sees 16% Sales Gain Read More »
What Distributors Should Know About the Federal Sustainable Procurement Initiative
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MDM Podcast: The Keys to AFC Industries’ Rapid Expansion
AFC Industries has burst onto MDM’s Top Industrial Distributors scene after several years of frequent acquisitions. We chat with CEO Kevin Godin about how the company has successfully managed all of its recent growth.
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Fastenal, Trex to Turn Used Pallet Wrap into Decking Products
Fastenal has invested more than $300,000 in equipment and infrastructure to bale and consolidate used PE film for recycling by Trex.
Fastenal, Trex to Turn Used Pallet Wrap into Decking Products Read More »
Relevant Industrial to Add Combustion Experts MW Nelson
The acquisition increases Relevant Industrial’s workforce to more than 450 employees at 37 strategic locations.
Relevant Industrial to Add Combustion Experts MW Nelson Read More »
DXP Sees Healthy 2Q Sales & Profit Gains
Sales during the quarter were $428.0 million, a healthy increase over the $367.8 million reported during 2Q 2023.
DXP Sees Healthy 2Q Sales & Profit Gains Read More »
OmniCable Moves Tampa Branch to Larger Facility
The 200,000-square-foot facility carries OmniCable’s full line of products, according to a company news release.
OmniCable Moves Tampa Branch to Larger Facility Read More »
Crawford Electric Relocates Houston Industrial Branch
The new branch features a 10,000-square-foot warehouse, a 5,000-square-foot counter area and a large demo room.
Crawford Electric Relocates Houston Industrial Branch Read More »
MDM’s Fall 2023 Industry Events Preview
Alongside MDM’s own mid-September SHIFT Conference, see a rundown of all the industry events on our radar through early December.
MDM’s Fall 2023 Industry Events Preview Read More »
Cameron Ashley Enters Utah with Salt Lake City DC
The new location will stock drywall, acoustical ceilings, fiberglass insulation, residential and commercial spray foam.
Cameron Ashley Enters Utah with Salt Lake City DC Read More »
Hillman Sees Modest 2Q Sales Decline
Net sales in 2Q 2023 decreased 3.6% to $380.0 million, compared to $394.1 million in the prior-year quarter.
Hillman Sees Modest 2Q Sales Decline Read More »
Bearings/PT Distributor BSC Industries Nets Recapitalization
Jim and Peter Fitzpatrick, who have owned the company for over 30 years, will retain material ownership stakes.
Bearings/PT Distributor BSC Industries Nets Recapitalization Read More »
MCE’s PE Owner Reinvests to Fund Next Phase of Growth
This vehicle will allow for Frontenac’s continued investment in MCE and is expected to fuel the company’s next phase of growth.
MCE’s PE Owner Reinvests to Fund Next Phase of Growth Read More »
