Fed Enacts Another Quarter-Point Rate Hike
The central bank lifted rates by a quarter of a percentage point but indicated it may pause further increases.
Fed Enacts Another Quarter-Point Rate Hike Read More »
2023
AFC Industries Acquires Rubber Sealing Distributor EAP Int’l
The distributor of rubber sealing products, O-rings, gaskets and associated technical products marks AFC’s fourth acquisition in 2023.
AFC Industries Acquires Rubber Sealing Distributor EAP Int’l Read More »
DuPont to Acquire Spectrum Plastics for $1.75B
The acquisition is expected to close in 2023’s third quarter.
DuPont to Acquire Spectrum Plastics for $1.75B Read More »
Singer Industrial Acquires Hotsy Industrial Systems
The deal will increase Singer Industrial’s North American presence to roughly 85-plus locations with over 1,000 employees.
Singer Industrial Acquires Hotsy Industrial Systems Read More »
Danfoss Power Solutions Names 2 New Executives
Smulski and Hill both have previous experience as sales leaders with Danfoss.
Danfoss Power Solutions Names 2 New Executives Read More »
ABC: Construction Job Openings Dropped by 63K in March
The construction industry had 341,000 job openings in March, according to an Associated Builders and Contractors analysis of federal data.
ABC: Construction Job Openings Dropped by 63K in March Read More »
Daikin Applied Acquires Carroll Air Systems
Daikin Applied’s regional service operations will combine with the Carroll Air Systems service team, according to a news release.
Daikin Applied Acquires Carroll Air Systems Read More »
Encore Gas & Supply Opens New SoCal HQ
The new campus, located in Long Beach, includes an 1,800-square-foot showroom and a 20,000-square-foot warehouse.
Encore Gas & Supply Opens New SoCal HQ Read More »
Global Industrial 1Q Sales Drop 5% YoY
The company reported 1Q 2023 gross profit of $98.4 million, down from the $107.8 million reported during the same quarter in 2022.
Global Industrial 1Q Sales Drop 5% YoY Read More »
AI in the Field: The Secret to Success in Outside Sales
Proton.ai founder and CEO Benj Cohen discusses how artificial intelligence can help outside sales representatives engage with customers more effectively.
AI in the Field: The Secret to Success in Outside Sales Read More »
Fluid System Components Acquires Norcan Fluid Power
Norcan is a distributor of fluid power and pneumatic products with eight locations across western Canada.
Fluid System Components Acquires Norcan Fluid Power Read More »
BradyIFS Expands into Florida, Acquires Southern Janitor Supply
Southern Janitor will be the first Florida location for BradyIFS.
BradyIFS Expands into Florida, Acquires Southern Janitor Supply Read More »
GMS Acquires Home Lumber & Building Supplies
Home Lumber is GMS’s fourth acquisition of 2023.
GMS Acquires Home Lumber & Building Supplies Read More »
BigCommerce Releases Next Version of B2B Edition
The company says the latest release will enhance the online selling experience for suppliers, manufacturers, distributors and wholesalers.
BigCommerce Releases Next Version of B2B Edition Read More »
What’s the Biggest Barrier to Leveraging Tech? Here’s What Distributors Said
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What’s the Biggest Barrier to Leveraging Tech? Here’s What Distributors Said Read More »
Kennametal Reports $536M Sales in Fiscal 3Q
The industrial distributor’s fiscal 3Q sales grew 5% year-over-year.
Kennametal Reports $536M Sales in Fiscal 3Q Read More »
Werner to Train 50K People Through 300 Safety Training Events
In 2023, Werner is hosting nearly double the amount safety training events it offered in 2022.
Werner to Train 50K People Through 300 Safety Training Events Read More »
California-Based Advantage Metal Products Privately Acquired
MiddleGround Capital’s strategic acquisition of Advantage Metal Products supports another of MiddleGround’s recent acquisitions, Megatech.
California-Based Advantage Metal Products Privately Acquired Read More »
April PMI Rises Slightly, Remains in Contraction Territory
The Institute for Supply Management’s monthly Purchasing Managers Index (PMI) remained in contraction territory for a sixth straight month in April.
April PMI Rises Slightly, Remains in Contraction Territory Read More »
AD Member Sales Reach $18.3B in 1Q
AD members saw their sales increase 6% year-over-year in 2023’s first quarter.
AD Member Sales Reach $18.3B in 1Q Read More »
