Pipe & Tube Maker BRISMET Sold to Chinese Supplier for $45M
Tennessee-based BRISMET is a supplier of stainless, duplex, six moly and nickel alloys welded steel pipes.
Pipe & Tube Maker BRISMET Sold to Chinese Supplier for $45M Read More »
March 2025
MRC Global Annual Sales Slide to $3B; Voices Rebound Optimism
The company reported a decline in 2024 sales, but remains optimistic about a 2025 rebound, driven by growth in gas utilities, product pricing and new market opportunities.
MRC Global Annual Sales Slide to $3B; Voices Rebound Optimism Read More »
Graybar Annual Sales Reach Record $11.6B
The company reported a record sales increase, despite a decline in net profit year-over-year that was it’s third-best all-time.
Graybar Annual Sales Reach Record $11.6B Read More »
Distributors Central McGowan, Minneapolis Oxygen Merge
The companies said the merger strengthens two locally rooted companies’ operations and expands product offerings.
Distributors Central McGowan, Minneapolis Oxygen Merge Read More »
Fastenal Just Inked a Partnership with an MLB Team. Here’s Why
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Fastenal Just Inked a Partnership with an MLB Team. Here’s Why Read More »
Wholesale Inflation Slowed Considerably in February
The monthly PPI went unchanged in February following considerable increases in January and December, driven by a decline in final demand services.
Wholesale Inflation Slowed Considerably in February Read More »
Consumer Inflation Cooled in February, Trailing Expectations
The CPI trailed economists’ expectations, and did not capture the potential impact of tariffs on consumers.
Consumer Inflation Cooled in February, Trailing Expectations Read More »
MDM Podcast: An AI Research Primer Ahead of SHIFT
Kevin Reid-Morris has led much of MDM’s AI research over the past few years, and he’s set to share the results of a major two-year project at our May SHIFT conference. He and Tom Gale discuss the transformative impact of AI in distribution and that project which identified over 50 practical AI use cases.
MDM Podcast: An AI Research Primer Ahead of SHIFT Read More »
S.F.E. Group Acquires Sumner Material Handling Brand from Southwire
Houston-based Sumner Brand is a manufacturer of jack stands, material lifts, welding tools and industrial equipment.
S.F.E. Group Acquires Sumner Material Handling Brand from Southwire Read More »
Genuine Parts’ UAP Acquires Auto Parts Distributor Benson in Canada
Cornwall, Ontario-based UAP is a distributor of automotive parts and heavy-duty parts, including tires, covers, shocks, wipers, coils and more.
Genuine Parts’ UAP Acquires Auto Parts Distributor Benson in Canada Read More »
Trump Halts Doubling of Steel & Aluminum Tariffs, with 25% Hike Now in Effect
A 50% metals import tariff threat was in retaliation to a Canadian export tax on electricity.
Trump Halts Doubling of Steel & Aluminum Tariffs, with 25% Hike Now in Effect Read More »
SHIFT 2025 Conference: A Crucial Convergence for Distributors
With two months until MDM’s marquee event, Tom Gale details the purpose behind SHIFT and and its value points that cover precisely why you should attend.
SHIFT 2025 Conference: A Crucial Convergence for Distributors Read More »
nVent to Buy Avail’s Electrical Group for $975M
Avail’s Electrical Products Group offers specialized products and solutions to support industrial and electrical applications.
nVent to Buy Avail’s Electrical Group for $975M Read More »
Ferguson 2Q Sales Accelerate on Volume Growth
Ferguson reported a solid sales increase in its November-January quarter, driven by organic and acquisition growth, offset by commodity price deflation and lower operating margins.
Ferguson 2Q Sales Accelerate on Volume Growth Read More »
Reece’s Fortiline Acquires Belair Road Supply in Northeast
Belair Road Supply is a supplier of water, sewer, storm and masonry products to customers across Marylan and Delaware.
Reece’s Fortiline Acquires Belair Road Supply in Northeast Read More »
Beacon Partners with Roofing Automation Provider
New York-based Renovate Robotics is a startup creating roofing automation robots to make roofing “safer and more productive” for contractors.
Beacon Partners with Roofing Automation Provider Read More »
ARG Industrial Expands in Oregon with 14th Location
The company grows its reach and combined hose and rigging capabilities in a single location to support new and established ARG customers.
ARG Industrial Expands in Oregon with 14th Location Read More »
Meritus Gas Partners Acquires Oxygen Service Company in MN
OSC is a distributor of packaged gases and welding supplies, serving a range of industries, including healthcare, food and beverage, manufacturing and construction.
Meritus Gas Partners Acquires Oxygen Service Company in MN Read More »
NetPlus: 87% of Distributors Expecting Growth in 2025
Despite some uncertainty, NetPlus Alliance members remain optimistic about growth in 2025, according to the group’s latest Industry Outlook report.
NetPlus: 87% of Distributors Expecting Growth in 2025 Read More »
QXO, Beacon Working Toward $11B Deal
Beacon has also postponed its Investor Day that was scheduled for March 13.
QXO, Beacon Working Toward $11B Deal Read More »
