Beacon Starts New Year with Two Acquisitions
Beacon announced the acquisitions of Whitney Building Products and First Coastal Exteriors a day apart.
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2023
SureWerx Sold to Partners Group by Riverside Company
Partners Group said it will accelerate SureWerx’s growth by adding complementary new products and brands to a network of already-loyal users.
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Generators Distributor GenServe Acquires Illini Power Products, Gen-Power
GenServe provides scheduled and emergency power generator maintenance, repair and sales in the North Atlantic region.
Generators Distributor GenServe Acquires Illini Power Products, Gen-Power Read More »
Sonepar Acquires HOLT Electrical Supply in St. Louis
HOLT is expected to record sales revenue of approximately $75 million for 2022, Sonepar said in its announcement.
Sonepar Acquires HOLT Electrical Supply in St. Louis Read More »
Manufacturing PMI Hits Lowest Mark Since Height of Pandemic
The well-regarded barometer of U.S. manufacturing ended 2022 on a sour note, contracting for a second-straight month to its lowest mark since May 2020 when industries were dealing with factory shutdowns.
Manufacturing PMI Hits Lowest Mark Since Height of Pandemic Read More »
QuickTake: From Traction to Transparency, Hello 2023
What’s out? Doomscrolling. What’s in? Distribution industry executives making more data-informed decisions supported by stronger technology and analytics. In our first Quicktake podcast conversation of the year, IRCG’s Mike Marks and MDM’s Tom Gale look at the opportunities for distributors to take what the business cycle and competitors will provide in the year ahead.
QuickTake: From Traction to Transparency, Hello 2023 Read More »
November Construction Spending Up 8.5% Year-Over-Year
November’s seasonally adjusted annual rate of $1.8075 trillion was 0.2% above the revised October rate.
November Construction Spending Up 8.5% Year-Over-Year Read More »
MDM’s 2022 Webcasts: A Year of Cutting Through the Noise
The past year was one of uncertainty for the industry. But distribution leaders joined MDM throughout 2022 to rise above talking points and show a way forward in the next year and beyond.
MDM’s 2022 Webcasts: A Year of Cutting Through the Noise Read More »
McLain, Balogh Steer PTDA Leadership in 2023
The 2023 Board of Directors and Manufacturer Council of the Power Transmission Distributors Association are beginning their leadership terms.
McLain, Balogh Steer PTDA Leadership in 2023 Read More »
GMS Expands Into NYC Market with Acquisition, Greenfield Facility
GMS marked the beginning of its expansion into the New York City with the acquisition of Brooklyn-based fastener distributor Tanner Bolt & Nut.
GMS Expands Into NYC Market with Acquisition, Greenfield Facility Read More »
Purvis Industries Acquires ErieTec in PA
ErieTec is an industrial distributor that operates six branches and has been serving western Pennsylvania since 1958.
Purvis Industries Acquires ErieTec in PA Read More »
FMH Material Handling Solutions Acquired by Holding Company
FMH joins GNCO’s portfolio of companies within the equipment distribution industry.
FMH Material Handling Solutions Acquired by Holding Company Read More »
Inside Werner Electric’s Digital Evolution
Mike Hockett recounts a case study that walked through the distributor’s four-year and ongoing journey that defined a digital strategy catering to an omnichannel customer experience.
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