Imperial Dade Acquires Wolfpack Packaging in Ontario
It’s already the company’s eighth acquisition announced in 2024.
Imperial Dade Acquires Wolfpack Packaging in Ontario Read More »
May 2024
Graybar 1Q Sales Up 2%, Profit Falls
While sales growth slowed sequentially, it was another record quarter for the electrical and industrial supplies distributor.
Graybar 1Q Sales Up 2%, Profit Falls Read More »
Cardinal Health 3Q Sales Rise 9% YoY
It followed a 12% gain in 2Q.
Cardinal Health 3Q Sales Rise 9% YoY Read More »
Stanley B&D Continues to See Lower Sales, Higher Margins
Growth in DEWALT and Engineered Fastening was more than offset by lower infrastructure volume and “muted consumer and DIY demand.”
Stanley B&D Continues to See Lower Sales, Higher Margins Read More »
MCE Adds Alabama’s General Machinery; 11th Deal in 16 Months
The acquisition of General Machinery expands MCE’s territory coverage and deepens its automation and rotating equipment solution offering.
MCE Adds Alabama’s General Machinery; 11th Deal in 16 Months Read More »
TricorBraun Acquires 2 Australian Packaging Distributors
TricorBraun will expand its Australia and New Zealand footprint, which it first established through acquisition in 2021.
TricorBraun Acquires 2 Australian Packaging Distributors Read More »
Lawson Makes Acquisition as DSG Posts 1Q Results
Lawson has acquired S&S Automotive, an auto and industrial parts supplier based near Chicago.
Lawson Makes Acquisition as DSG Posts 1Q Results Read More »
Wesco 1Q Sales, Margins Dip Against Tough Comps
The company noted that volume declined year-over-year in all three of its business segments.
Wesco 1Q Sales, Margins Dip Against Tough Comps Read More »
March U.S. Construction Spending Unexpectedly Dips 0.2% MTM
Economists had forecasted a monthly gain of 0.3%.
March U.S. Construction Spending Unexpectedly Dips 0.2% MTM Read More »
GMS Acquires Howard & Sons Building Materials in SoCal
Pomona, CA-based Howard & Sons distributes a range of wallboard and steel framing products in Southern California.
GMS Acquires Howard & Sons Building Materials in SoCal Read More »
Fed Holds Interest Rate Amid Lack of Inflation Progress
Persistent high inflation led the Fed to maintain its benchmark lending rate at a 23-year high.
Fed Holds Interest Rate Amid Lack of Inflation Progress Read More »
MDM Podcast: Inside Vallen’s Aggressive Transformation
Vallen’s $350 million acquisition of Wesco Integrated Supply is just the latest win for the MRO distributor. CEO Chuck Delph stops by to discuss all the company’s recent activity and onward momentum.
MDM Podcast: Inside Vallen’s Aggressive Transformation Read More »
Graybar’s Valin Acquires Dynamic Solutions in California
Irvine, CA-based Dynamic Solutions will strengthen Valin’s robust motion control and automation product portfolio.
Graybar’s Valin Acquires Dynamic Solutions in California Read More »
BlueLinx 1Q Sales Slide 9%, but Volume & Margins Improve
The building materials distributor saw healthy year-over-year and sequential improvements in gross margin.
BlueLinx 1Q Sales Slide 9%, but Volume & Margins Improve Read More »
U.S. Factory PMI Falls Back Below Breakeven in April
It was a reversion from a March that had seen the first expansion-territory PMI since September 2022.
U.S. Factory PMI Falls Back Below Breakeven in April Read More »
Avnet Notes Continued Softness as 3Q Sales Fall 13%
Sales sequentially decelerated further amid what the company cited as economic softness and lower market demand.
Avnet Notes Continued Softness as 3Q Sales Fall 13% Read More »
Global Industrial 1Q Comparable Sales Rise 4.2%
That’s down from 5.1% in 4Q, as Global’s 2Q23 acquisition of Indoff Inc. continued to inflate its year-over-year results.
Global Industrial 1Q Comparable Sales Rise 4.2% Read More »
