Stanley B&D 4Q Sales Slip but Margin Expands
SBD’s Tools & Outdoor segment drove the overall margin improvement, as Industrial dipped slightly.
Stanley B&D 4Q Sales Slip but Margin Expands Read More »
2024
BlackHawk Gives Inaugural Supplier Awards, Reiterates Growth Plans
BlackHawk recognized suppliers MCR Safety and Master Fluids Solutions for supply chain and sales excellence.
BlackHawk Gives Inaugural Supplier Awards, Reiterates Growth Plans Read More »
January Manufacturing PMI Hits 15-Month High
January’s figure still indicated contraction for a 14th consecutive month, but at a much slower pace than almost all of 2023.
January Manufacturing PMI Hits 15-Month High Read More »
U.S. Construction Spending Ends 2023 With Strong December
The value of 2023 total construction was up 7.0% from 2022.
U.S. Construction Spending Ends 2023 With Strong December Read More »
Border States Promotes Company Veteran to CIO
Fargo, ND-based electrical supplies distributor Border States named Jason Stein as Chief Information Officer.
Border States Promotes Company Veteran to CIO Read More »
Grainger to Add Massive DC Near Houston, 400 Jobs
The MRO supplies distribution giant expects the 1.2-million-square-foot facility to open in 2026.
Grainger to Add Massive DC Near Houston, 400 Jobs Read More »
Fed Holds Rates Steady, Signals Cuts Not Imminent
Fed Chair Jerome Powell suggested that a rate cut issued at his committee’s March 19-20 meeting is unlikely.
Fed Holds Rates Steady, Signals Cuts Not Imminent Read More »
ERIKS North America is Now LGG Industrial. Here’s Why
It follows several years of transformation for the distributor of fluid handling, sealing and material conveyance supplies and solutions.
ERIKS North America is Now LGG Industrial. Here’s Why Read More »
MDM Podcast: How Singer Industrial has Navigated Several Years of Change
In the past 2 years, Singer Industrial divested a business unit, rebranded, made over a dozen acquisitions and added plenty of greenfields. CEO Craig Osborne tells us how his company has handled it all.
MDM Podcast: How Singer Industrial has Navigated Several Years of Change Read More »
Avnet 2Q Sales Fall 7.6%
October-December Avnet sales fell 5.5% year-over-year in the Americas.
Avnet 2Q Sales Fall 7.6% Read More »
HARDI Distributors’ December Revenue Fell 7.8%
For the year, member distributors saw overall 12-month sales decline by 0.3%.
HARDI Distributors’ December Revenue Fell 7.8% Read More »
Industrial Supply Company Longtime Owner Passes at 100
Joyce Orlob Evans — the daughter of the company’s founder — played an active role in the MROP distributor throughout her life.
Industrial Supply Company Longtime Owner Passes at 100 Read More »
Independent Electric Merges into Sonepar Trio
Electrical materials supplier Independent Electric will rebrand and restructure to enable more efficient operation.
Independent Electric Merges into Sonepar Trio Read More »
CD&R Buys “Significant” Stake in Foundation Building Materials
Fellow private equity firm American Securities, which acquired FBM in 2021, retains a majority stake in the distributor.
CD&R Buys “Significant” Stake in Foundation Building Materials Read More »
January M&A Roundup: A Strong Start to 2024
Plenty of big-name distributors were involved in MDM’s M&A news coverage during January.
January M&A Roundup: A Strong Start to 2024 Read More »
UPS to Cut 12,000 Jobs As Volume Falls
UPS plans to cut 12,000 jobs this year to realize $1 billion in cost savings after both domestic and international volumes have suffered.
UPS to Cut 12,000 Jobs As Volume Falls Read More »
Schneider Electric Division Hit by Ransomware Attack
Terabytes of data were stolen from manufacturing giant Schneider Electric’s sustainability division in a ransomware attack on Jan. 17.
Schneider Electric Division Hit by Ransomware Attack Read More »
Proton Launches Pronto: An AI Chatbot Built Specifically for Distributors
Proton describes it as the first conversational AI chatbot designed specifically for distributors and exclusively for Proton CRM customers.
Proton Launches Pronto: An AI Chatbot Built Specifically for Distributors Read More »
PVF Distributor Macomb Group Expands in Indianapolis
The company is bringing its full scope of PVF product and more to a 40,000-SF facility near the Indianapolis International Airport.
PVF Distributor Macomb Group Expands in Indianapolis Read More »
Survey: How Concerned are Distributors about Cyber Threats?
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Survey: How Concerned are Distributors about Cyber Threats? Read More »
