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 »
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 »
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 Read More »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 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 »
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 »
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 »
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 »
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 »
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 »
Beacon has also postponed its Investor Day that was scheduled for March 13.
QXO, Beacon Working Toward $11B Deal Read More »
January’s report had mixed performance signals amid global trade uncertainties.
January Metalworking Machinery Orders Sink 30% MoM, Rise 6% YoY Read More »
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