Ferguson Adding Montana DC Near Bozeman
Expected to be completed this summer, the new facility will feature a warehouse, DC, office space and a showroom.
Ferguson Adding Montana DC Near Bozeman Read More »
2025
Hills Distribution Partners with 2 Northeast HVAC Suppliers
NY-based Coastal Supply Group and RJ Murray Company are distributors of HVAC inventory to customers in the northeast U.S.
Hills Distribution Partners with 2 Northeast HVAC Suppliers Read More »
Fed Leaves Rate Unchanged After 3 Straight Cuts
Amid the hold, the central bank signaled continued U.S. economic progress on inflation.
Fed Leaves Rate Unchanged After 3 Straight Cuts Read More »
Motion to Acquire Bearing Distributor in Hawaii
Honolulu-based Maguire Bearing is an industrial distributor with a range of repair products, including bearings, couplings and more.
Motion to Acquire Bearing Distributor in Hawaii Read More »
DNOW Launches Expanded $160M Repurchase Program
DNOW’s repurchase of its common stock doubles its previously announced program of $80 million in 2022.
DNOW Launches Expanded $160M Repurchase Program Read More »
MDM Podcast: PT/MC Market Evolution and Product Information Sharing
Two longtime power transmission/motion control industry veterans, Brian Short and Bill Shepard, join to discuss career retrospection, what’s changed in the market, thoughts on AI and the role of product information sharing, including how two leading associations are driving it forward.
MDM Podcast: PT/MC Market Evolution and Product Information Sharing Read More »
Avnet Cites Challenging Market as 2Q Sales Fall 9%
Sales declined in the Americas and EMEA year-over-year, but Asia sales increased for the second consecutive quarter.
Avnet Cites Challenging Market as 2Q Sales Fall 9% Read More »
Applied October-December Sales Slide, but Margin Expands
Applied’s total sales declined year-over-year, but acquisitions drove most of the increase while foreign currency translation negatively impacted sales.
Applied October-December Sales Slide, but Margin Expands Read More »
Echelon Supply Appoints New President
Echelon promoted its former CFO and EVP with 13 years of experience to strengthen customer relationships.
Echelon Supply Appoints New President Read More »
How to Kill the Zombies in Your Distribution Business
Identify and eliminate the “zombie” processes in your distribution business that waste time and drain resources, boosting efficiency and productivity.
How to Kill the Zombies in Your Distribution Business Read More »
Now Merged, Material Handling Firms AMP & AHS Rebrand as Akona
Akona will be based in Charlotte, NC, providing customers with a broadened range of products, including dryers, screeners, mixers and more.
Now Merged, Material Handling Firms AMP & AHS Rebrand as Akona Read More »
Rensa Filtration Acquires Air Filtration
Air Filtration is a Southern California-based manufacturer and distributor of air filter products and accessories.
Rensa Filtration Acquires Air Filtration Read More »
Advance: Durable Goods Orders Slip for 4th Month in Past 5
The monthly decrease was driven predominantly by transportation equipment, following an increase in November.
Advance: Durable Goods Orders Slip for 4th Month in Past 5 Read More »
Beacon Adopts Shareholder Rights Deal to Hold Off QXO
QXO calls the agreement “shareholder-unfriendly” and a “poison pill”.
Beacon Adopts Shareholder Rights Deal to Hold Off QXO Read More »
Leak Repair Solutions Provider Colt Group Acquires RJ Stacey
With growing demand for hot tap/line stop services, The Colt Group strengthens its geographic footprint in the Midwest with addition of RJ Stacey.
Leak Repair Solutions Provider Colt Group Acquires RJ Stacey Read More »
U.S. Consumer Sentiment Slides on Inflation Concerns
The survey showed U.S. consumer sentiment declined in January, following six-months of positive sentiment.
U.S. Consumer Sentiment Slides on Inflation Concerns Read More »
Behind MSC’s Evolution from Spot-Buy to Mission Critical Distributor
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Behind MSC’s Evolution from Spot-Buy to Mission Critical Distributor Read More »
QXO Puts Ball in Beacon’s Court for Deal, Provides Communication Timeline
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QXO Puts Ball in Beacon’s Court for Deal, Provides Communication Timeline Read More »
QXO Commences $11B Takeover Bid for Beacon
Beacon acknowledged the tender offer and recommended that shareholders take no action at this time.
QXO Commences $11B Takeover Bid for Beacon Read More »
Fusion Capital Partners Acquires Automation Distributor Tavoron
Minnesota-based Tavoron specialized in electrical and air automation components, robotic systems and compressed air technologies.
Fusion Capital Partners Acquires Automation Distributor Tavoron Read More »
