PMI Dips as New Orders Fall & Prices Rise
The overall reading remained in expansion territory after nine straight months of contraction that ended in January.
PMI Dips as New Orders Fall & Prices Rise Read More »
2025
Treasury Dept. Suspends CTA Enforcement, Reporting Requirements
The Treasury said it will not enforce penalties under the Corporate Transparency Act and will focus new proposed rules focusing on foreign reporting companies.
Treasury Dept. Suspends CTA Enforcement, Reporting Requirements Read More »
White Cap Acquires Kris-Con Supply & Fasteners in TX
Houston-based Kris-Con is a distributes a range of construction products and equipment rentals, including hand tools from Makita, Bosch and Milwaukee.
White Cap Acquires Kris-Con Supply & Fasteners in TX Read More »
Galco Acquires Fellow Automation Distributor Brozelco
Tennessee-based Brozelco is a distributor of industrial automation solutions, serving a range of industries, including mining, utilities and industrial operations.
Galco Acquires Fellow Automation Distributor Brozelco Read More »
Conexiom Launches AI-Powered “Ideal Order Platform”
The new platform is designed to help manufacturers and distributors automate order processing, improve accuracy and resolve fulfillment issues.
Conexiom Launches AI-Powered “Ideal Order Platform” Read More »
Key Fed Inflation Gauge Slows to 7-Month Low
The U.S. Bureau of Economic Analysis reported a rise in personal income for January, while personal outlays and consumption expenditures saw a decline.
Key Fed Inflation Gauge Slows to 7-Month Low Read More »
LAST CALL for MDM’s Women in Distribution Nominations by March 7
Help us recognize some deserving women in the distribution industry by nominating them using the form linked below.
LAST CALL for MDM’s Women in Distribution Nominations by March 7 Read More »
Advance: Wholesale Inventories Jump in January
The U.S. Census Bureau’s report showed a substantial gain in wholesale inventories following a four-month slide.
Advance: Wholesale Inventories Jump in January Read More »
Trump: U.S. to Impose Another 10% Tariff on China
Meanwhile, Trump said Thursday that the broader 25% tariffs on goods from Canada and Mexico remain set to begin March 4.
Trump: U.S. to Impose Another 10% Tariff on China Read More »
PPE Supplier Estex Manufacturing Goes Private
Georgia-based Estex is a manufacturer of tool bags, safety products, baggage cart curtains and more, serving a wide range of sectors.
PPE Supplier Estex Manufacturing Goes Private Read More »
February M&A Roundup: Slower Start to 2025 After Robust 2024
February saw a steady but unremarkable flow of M&A deals, including several MDM Top Distributors announcing or closing transactions during the month.
February M&A Roundup: Slower Start to 2025 After Robust 2024 Read More »
PMA: Metalformers’ Optimism Holds Steady in February
Manufacturers of metalformed products moderated their February economic outlook, with a dip in optimism and steady forecasts for orders and shipping levels, according to a PMA report.
PMA: Metalformers’ Optimism Holds Steady in February Read More »
Border States Plans 1st Regional DC, Set for Fargo
Slated to open in fall 2026, the distribution center will serve 28 Border States locations across the Midwest.
Border States Plans 1st Regional DC, Set for Fargo Read More »
Parts Town Annual Revenue Reaches $2.5B
Parts Town Unlimited announced a record sales increase for 2024, driven by growth across all divisions.
Parts Town Annual Revenue Reaches $2.5B Read More »
Advance: Durable Goods Orders Rebounded in January
U.S. durable goods orders had a health rise in January after declining in four out of the five previous months.
Advance: Durable Goods Orders Rebounded in January Read More »
Beacon 2024 Sales Near $10B Despite Sharp 4Q Seasonal Slowdown
The company achieved company records for 4Q and annual sales despite October-December daily sales growth that was half of the previous quarter.
Beacon 2024 Sales Near $10B Despite Sharp 4Q Seasonal Slowdown Read More »
MDM Podcast: How an Industrial Distributor Grows From its Roots
From Wall Street to the warehouse — twice. A&M Industrial’s leadership team shares their parallel journeys back to their (now third generation) family-owned distribution business. Hear how innovation, value-added sales and market expansion are built on the foundation of deep company values that forged its reputation in industrial distribution on this episode of the MDM Podcast.
MDM Podcast: How an Industrial Distributor Grows From its Roots Read More »
U.S. Dockworkers Approve 6-Year Labor Contract
The approved contract details cleared up questions on port automation, which was a major sticking point throughout negotiations.
U.S. Dockworkers Approve 6-Year Labor Contract Read More »
Former Crescent CEO Joins Electrical Manufacturer Atkore
Atkore appointed a new President of Commercial Operations to lead its electrical sales organization and expand responsibilities across customer touchpoints.
Former Crescent CEO Joins Electrical Manufacturer Atkore Read More »
Global Industrial Hit $1.3B in 2024 Sales Despite 4Q Decline
Global Industrial’s 2024 sales increase was predominantly driven by its 2023 acquisition of Indoff, though decelerating in the back half.
Global Industrial Hit $1.3B in 2024 Sales Despite 4Q Decline Read More »
