AD Completes Merger with The Baron Group
The merger brings independent distributors with almost 100 locations across the U.S. and Canada to AD’s Pipe, Valves & Fittings Division.
AD Completes Merger with The Baron Group Read More »
2023
Meritus Gas Expands Further, Partners with Applied Gas
The partnership is the company’s sixth transaction of the year.
Meritus Gas Expands Further, Partners with Applied Gas Read More »
ABB Completes $505M Sale of its Power Conversion Unit
With the sale, ABB said it has now completed all divisional portfolio divestments announced at the end of 2020.
ABB Completes $505M Sale of its Power Conversion Unit Read More »
White Cap Grows Concrete Capabilities with Form Tech Deal
Form Tech provides concrete forming and shoring rental equipment and related consumable products serving contractors through seven locations.
White Cap Grows Concrete Capabilities with Form Tech Deal Read More »
Mutual Gains: ARG Industrial & Midland Industries Both Win by Sharing Product Data
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Mutual Gains: ARG Industrial & Midland Industries Both Win by Sharing Product Data Read More »
UPS, Teamsters Labor Negotiations Stall as Strike Looms
Negotiations between UPS and the union representing about 340,000 employees stalled July 5 after the parties failed to reach a deal on pay.
UPS, Teamsters Labor Negotiations Stall as Strike Looms Read More »
OmniCable Announces CEO Retirement
OmniCable’s current Vice Chairman Jeff Siegfried has taken on the role of interim CEO as Greg Lampert departs.
OmniCable Announces CEO Retirement Read More »
May Factory Orders Hold Steady, Up 0.3% Month-to-Month
New orders for manufactured goods in May increased $1.6 billion, or 0.3%, to $578.0 billion, according to the Census Bureau.
May Factory Orders Hold Steady, Up 0.3% Month-to-Month Read More »
May Factory Construction Spending Up 76% Year-Over-Year
The CHIPS and Science Act and the Inflation Reduction Act are linked to the recent rise in construction spending, according to the WSJ.
May Factory Construction Spending Up 76% Year-Over-Year Read More »
JELD-WEN Nets $446M from Australasia Sale
Building product manufacturer JELD-WEN’s sale of its Australasia business will streamline the company while maximizing shareholder value.
JELD-WEN Nets $446M from Australasia Sale Read More »
Data: Women Now Comprise 26% of Supply Chain C-Suite Roles
Gartner’s eighth annual Women in Supply Chain Survey was conducted February-March of 2023 and surveyed 225 supply chain leaders.
Data: Women Now Comprise 26% of Supply Chain C-Suite Roles Read More »
Industrial Supply Co. Announces CEO Retirement, New CFO
Industrial Supply’s Jessica Yurgaitis will succeed Chris Bateman, who will retire as CEO after a 41 years with the company.
Industrial Supply Co. Announces CEO Retirement, New CFO Read More »
White Cap Publishes 2nd Annual Sustainability Report
The new report is titled ‘Building Trust through Our Commitments,’ White Cap said in its June 29 announcement.
White Cap Publishes 2nd Annual Sustainability Report Read More »
Allied Motion Group President Maida to Retire Sept. 30
Maida will serve in an advisory role to the CEO following his retirement, the company said in a news release.
Allied Motion Group President Maida to Retire Sept. 30 Read More »
May Construction Spending Up 0.5% from April, 2.4% YoY
While overall construction spending rose, nonresidential construction spending decreased for the fist time in nearly a year.
May Construction Spending Up 0.5% from April, 2.4% YoY Read More »
June Manufacturing PMI Falls to 46.0%
Following a 28-month period of growth, economic activity in the manufacturing sector contracted in June for the eighth consecutive month.
June Manufacturing PMI Falls to 46.0% Read More »
No MDM Update Newsletter on Tuesday
MDM won’t deploy an Update newsletter on Tuesday while we’re off for the Fourth of July holiday. We’ll be back in action Wednesday.
No MDM Update Newsletter on Tuesday Read More »
Home Depot Settlement Highlights Industry Labor Pitfalls
The home improvement retailer recently agreed to pay more than $72M to workers who were denied wages while they were ‘standing around.’
Home Depot Settlement Highlights Industry Labor Pitfalls Read More »
Sonepar Partners with U.S. Army PaYS Program
Electrical distributor Sonepar has partnered with an U.S. Army program that connects soldiers with employers.
Sonepar Partners with U.S. Army PaYS Program Read More »
MW Components Acquires Western Wire
Western Wire Products will join MW Components to supply wire forms and springs to customers around the world.
MW Components Acquires Western Wire Read More »
