Fastener SuperStore Opens HQ, DC Near Chicago
After high demand years, eCommerce-based fastener distributor Fastener SuperStore will add a new facility to increase its inventory capacity.
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May 2024
Home Depot Posts 6th Straight Quarter of Comp Sales Decline
CEO Ted Decker noted a weather-delayed start to spring and continued softness in certain larger discretionary projects.Â
Home Depot Posts 6th Straight Quarter of Comp Sales Decline Read More »
April U.S. Wholesale Inflation Was Highest in a Year
It illustrated sticky inflation that is likely another roadblock to the Federal Reserve making interest rate cuts anytime soon.
April U.S. Wholesale Inflation Was Highest in a Year Read More »
Painters Supply & Equipment Acquires AeroCoat in New Jersey
PSE enters New Jersey with the addition of coating distributor AeroCoat to further diversify its business in its specialty coating sector.
Painters Supply & Equipment Acquires AeroCoat in New Jersey Read More »
Ficodis Adds Industrial Distributor Dorson in Quebec
In its 26th acquisition, Ficodis added Montreal-based tool and fastener distributor Dorson to strengthen its residential construction sector offering.
Ficodis Adds Industrial Distributor Dorson in Quebec Read More »
OpenAI Launches Upgraded, Immersive ChatGPT
GPT-4o is a faster but still free model for all ChatGPT users.
OpenAI Launches Upgraded, Immersive ChatGPT Read More »
PVF Distributor Macomb Group Acquires Woodhill Supply in Ohio
It gains Macomb a 66-year-old, two-location distributor of PVF, bathroom and kitchen fixtures and HVAC equipment.
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MDM Forecast: Most Sectors Slide in May Update
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Monthly U.S. Metalworking Machinery Orders Jump 25% in March
March orders typically see a large bump, as many sector manufacturers end their fiscal year at the end of the month.
Monthly U.S. Metalworking Machinery Orders Jump 25% in March Read More »
A Study of Sonepar’s North American Acquisition Journey
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Van Meter to Expand Cedar Rapids Distribution Space
Electrical distributor Van Meter adds to its central distribution center to support demand for services and specialized inventory.
Van Meter to Expand Cedar Rapids Distribution Space Read More »
White Cap Acquires National Ladder & Scaffold in Michigan
In its third deal of the year, construction and safety supplies distributor White Cap will add Michigan-based safety product distributor.
White Cap Acquires National Ladder & Scaffold in Michigan Read More »
DNOW Sales, Margins & Profits Slide YoY in 1Q
1Q U.S. sales actually increased 2% year-over-year, driven by DNOW’s acquisition of Whitco Supply that was completed during the quarter.
DNOW Sales, Margins & Profits Slide YoY in 1Q Read More »
New England Distributors ATNH, Northern Tool Supply to Merge
NTS will operate as a division of Abrasives & Tools of N.H.
New England Distributors ATNH, Northern Tool Supply to Merge Read More »
PTDA Foundation Launches Student & Employee Scholarships
The new initiative aims to build the PT/MC talent pipeline.
PTDA Foundation Launches Student & Employee Scholarships Read More »
Oshkosh Corporation to Buy Telehandler Maker AUSA
Spain-based AUSA will complement Oshkosh’s JLG line of telehandlers and other material handling equipment.
Oshkosh Corporation to Buy Telehandler Maker AUSA Read More »
Kodiak BP Acquires Valley Lumber in Idaho
It gains the building products distributor a foothold in Teton Valley community along the Idaho/Wyoming border.
Kodiak BP Acquires Valley Lumber in Idaho Read More »
DXP 1Q Sales Dip YoY, Bump Up Sequentially
Gross margin had a modest annual improvement, while EBITDA shrunk.
DXP 1Q Sales Dip YoY, Bump Up Sequentially Read More »
MRC Global Sees Sequential Sales Increase, YoY Decline
The distributor had a considerable 1Q sales improvement vs. 4Q23, while all business segments saw continued annual declines.
MRC Global Sees Sequential Sales Increase, YoY Decline Read More »
Quebec HVAC Suppliers Stelpro and Innovair Solutions Form Alliance
They have a combined 16 manufacturing and distribution locations across four countries for electric heating and HVAC solutions.
Quebec HVAC Suppliers Stelpro and Innovair Solutions Form Alliance Read More »
