In its second acquisition of the year, rigging distributor Ascent Lifting expands by 33 locations with the addition of CERTEX.
Ascent Lifting Acquires Fellow Rigging Distributor CERTEX Read More »
Full-year operating and net profit jumped more than 40% vs. 2022.
DXP 2023 Sales Grew 13.4% to $1.7B; 4Q Flat Read More »
K2 is a distributor of stainless steel and other corrosion resistant fasteners for industrial purposes and has five branches in Canada.
Canada-Based Distributor K2 Fasteners Gains Investment Read More »
Acquisitions drove nearly all of DSG’s growth in 2023, which marked its first full calendar year since forming in early 2022.
Hisco Boosted DSG to $1.6B in 2023 Revenue Read More »
Aztech Lubricants helps solidify Kodiak Chemical’s position in the specialty chemical space with the expansion into powdered chemicals.
Kodiak Chemical Acquires Aztech Lubricants Read More »
Respondents indicated staffing remains their top challenge — though weakening — and that new recent regulations will take significant time and costs to understand and comply with.Â
NAM 1Q Survey Shows Slightly Higher Outlook Amid Regulatory Concerns Read More »
ELA + Synergy will serve lighting, design and electrical communities in New York, New Jersey, Pennsylvania and Delaware.Â
Lighting Mfg Rep Agencies ELA, Synergy to Merge Read More »
Metalworking solution distributors Shelton Machinery, Municipal Machinery and Concept Machinery will operate under TSM Group.
With Acquisition, Distributor Shelton Machinery Forms Parent Firm Read More »
The addition of Pro-Seal complements DXP’s rotating equipment division and expands its geographic footprint.
DXP Adds Pump Systems Distributor Pro-Seal in Michigan Read More »
The latest Census Bureau figures indicate January was a weakened month for sales, both month-to-month and year-over-year.
U.S. Wholesale Sales, Inventories Slid in January Read More »
Non-heavy manufacturing, non-residential construction and reseller end markets outperformed January.
Fastenal February Daily Sales Edge Up on Non-Fasteners Growth Read More »
4Q revenues for that segment dipped 1.4% year-over-year.
Wajax’ Industrial Parts Annual Revenue Grew 13% in 2023 Read More »
Compressor distributor Pacific Air Compressors will expand Atlas Copco’s geographic footprint in the Portland area.
Atlas Copco Acquires Air Compressor Distributor in Oregon Read More »
The strategic partnership will enable material handling equipment and automation distributor Wolter to accelerate its expansion plans.
Wolter Secures Growth Investment from BBH Capital Read More »
The figure was boosted by an additional billing day, but the month was still a considerable rebound when excluding that factor.
HARDI Distributors See 9% Revenue Increase in January Read More »
It was the third decline in the past four months, and much sharper than December’s.
January U.S. Factory Goods Orders Fell 3.6% Read More »
Parrish-Hare Electrical Supply’s four locations will operate as a separate subsidiary of Consolidated Electrical Distributors.
CED Acquires Parrish-Hare in Texas Read More »
The plumbing and HVACR distribution giant also updated its plans to ‘domicile’ its ultimate parent company in the U.S. to reflect operations and leadership.
Ferguson November-January Sales Fall 2.2% Read More »
Combining Moblico’s mobile engagement solutions with HawkSearch’s search technology enables real-time distributor-customer interaction.
Moblico, HawkSearch Team Up on AI-Driven Product Search Read More »
The addition of building materials distributor Kamco Supply expands GMS’ wallboard distribution and geographic footprint.
GMS Completes Kamco Acquisition in NYC Read More »
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