GMS Sees May-July Sales Growth Slow, Makes FL Acquisition
GMS’ organic sales declined in 1Q25, and it added Florida-based R.S. Elliot Specialty Supply earlier in August.
GMS Sees May-July Sales Growth Slow, Makes FL Acquisition Read More »
2024
U.S. 2Q GDP Growth Revised Up to 3.0%
The U.S. economy’s growth increased in 2Q, driven by consumer spending and private inventory investment.
U.S. 2Q GDP Growth Revised Up to 3.0% Read More »
MSC Industrial Appoints ADI President as Independent Board Member
Rob Aarnes — President of ADI Global Distribution — joins MSC’s board of directors as an independent member.
MSC Industrial Appoints ADI President as Independent Board Member Read More »
Seafood Distributor Pleads Guilty to Long Running Mislabeling Scheme
A Mississippi-based seafood distributor pleaded guilty to conspiring to mislabel seafood and wire fraud in a scheme spanning 2002-2019.
Seafood Distributor Pleads Guilty to Long Running Mislabeling Scheme Read More »
Hillman Shares Leadership Succession Plan; Acquires Cleaning Supplier
Company veteran Jon Michael Adinolfi will become the fastener distributor’s President and CEO on Jan. 1, 2025.
Hillman Shares Leadership Succession Plan; Acquires Cleaning Supplier Read More »
Builders FirstSource Acquires Wyoming Millwork in Delaware
Builders FirstSource expands its presence along the Atlantic coast with the acquisition of Milton, DE-based Wyoming Millwork Co.
Builders FirstSource Acquires Wyoming Millwork in Delaware Read More »
Kodiak BP Acquires San Antonio Masonry and Steel
It expands Kodiak Building Partners’ service offerings and operational capabilities in Texas, adding over 150 employees in the deal.
Kodiak BP Acquires San Antonio Masonry and Steel Read More »
Inside Ferguson’s Private Brand Strategy
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Report: North America Cargo Theft Up 49% in 1H24
Cargo thefts increased drastically, especially in the Southern California “Red Zone”, which comprised 45% of all reported cargo thefts.
Report: North America Cargo Theft Up 49% in 1H24 Read More »
WrangleWorks Nets $1M Investment for Enhancements, Development
WrangleWorks is positioned to scale and enhance its data work automation tool with the new funding.
WrangleWorks Nets $1M Investment for Enhancements, Development Read More »
Imperial Dade Acquires Nevada’s Inland Supply
Imperial Dade expands its customer and vendor partner base with the acquisition of Reno, NV-based Inland Supply.
Imperial Dade Acquires Nevada’s Inland Supply Read More »
McKesson to Buy Majority of Core Ventures for $2.5B
To be purchased from Florida Cancer Specialists & Research Institute, it enhances McKesson’s integrated oncology platform.
McKesson to Buy Majority of Core Ventures for $2.5B Read More »
The Keys to Finding Your Gross Margin Holy Grail
Still having gross margin problems despite investments in pricing software, ERP upgrades and talent? It usually boils down to two root causes. This piece maps out pricing-driven margin success.
The Keys to Finding Your Gross Margin Holy Grail Read More »
Motion Opening Houston Repair Shop
Motion expanded its service capabilities by opening a new repair shop in Houston, enhancing support for industrial customers in the region.
Motion Opening Houston Repair Shop Read More »
Advance: July U.S. Durable Goods Orders Surge 10%
Driven by transportation, July’s total increased substantially and marked a sharp rebound from June’s 6.7% decline.
Advance: July U.S. Durable Goods Orders Surge 10% Read More »
AFC Industries Adds North American Aerospace Leader
Chris Lloyd joins AFC to lead its new Aerospace unit.
AFC Industries Adds North American Aerospace Leader Read More »
Airgas Teamsters Employees on Strike in Maryland
Union members in Hyattsville, MD are on strike over stalled contract negotiations, citing unfair labor practices and refusal to bargain.
Airgas Teamsters Employees on Strike in Maryland Read More »
Southwire Opens Massive Customer Service Center in TX
Southwire enhanced its capabilities with its new Dallas Fort Worth Customer Service Center, holding a grand opening on Aug. 22.
Southwire Opens Massive Customer Service Center in TX Read More »
Fastenal Details Rollout of Internal AI Tools
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Powell: Fed is Ready to Start Rate Cuts
The U.S. Federal Reserve Chairman gave his strongest indication yet that the central bank is poised to begin cutting its benchmark interest rate in September.
Powell: Fed is Ready to Start Rate Cuts Read More »
