The news comes just a few days after the bankrupt auto parts supplier said it would wind down operations at several of its key brands.
First Brands Founder and Brother Indicted on Fraud Charges Read More »
The cuts primarily impact remote employees.
Home Depot to Cut 800 HQ Roles, Mandate 5-Day Return to Office Read More »
White Cap is owned by PE firm CD&R, and Colony by Audax Private Equity. It will net White Cap more than 60 new locations.
White Cap to Acquire Colony Hardware in Jobsite Market Grab Read More »
We break down the latest key figures out of the Census Bureau’s November report that showed a solid monthly rebound in factory orders – largely driven by nondefense aircraft.
Aircraft Carries November U.S. Factory Orders Gain Alongside Modest Core Rise Read More »
George Vorwick is a 25-year company veteran and has been CEO since 2009.
Longtime United Electric Supply CEO to Retire on May 1 Read More »
Eaton announced plans to spin off its Mobility Group into a standalone public company, sharpening its focus on electrical and aerospace markets.
Eaton to Spin Off Mobility Group as Part of Strategic Portfolio Shift Read More »
The bankrupt company said it has begun winding down parts of the business as part of its Chapter 11 restructuring, while continuing to operate and seek buyers for its remaining units.
Auto Parts Supplier First Brands Winding Down Brake Parts, Cardone and Autolite Units Read More »
The hold comes despite pressure from President Donald Trump and the greater administration that includes the Justice Department opening a criminal investigation into Fed Chair Jerome Powell.
Fed Issues First Rate Pause Since July Read More »
Our latest MarketPulse Report shares a wealth of data and analysis from the 4Q25 Baird-MDM Industrial Distribution Survey – conducted Jan. 5-12 – that covered respondents’ revenue performance, pricing updates and business expectations for 1Q26 and the rest of the year, plus plenty of market-specific commentary.
The move diversifies Britton Lumber’s business into packaging and strengthens its presence in Massachusetts, Rhode Island and Connecticut.
Britton Lumber to Acquire Fellow New England Distributor Denison-Cannon Read More »
It was the sixth consecutive quarter of year-over-year sales growth in Asia for the electronic components distributor.
Avnet’s 2Q Sales Jump 11% on Asia, Farnell Strength Read More »
AIT added a like distributor with about $20 million in annual revenue, while encouraging financials led to raising the lower end of the company’s guidance.
Applied Acquires Former Motion Target in SoCal; Posts 2Q Results Read More »
Metalforming manufacturers indicated month-to-month improvement in their January outlook survey for near-term business conditions, incoming orders and shipping levels.
Metalformers Indicate Major Optimism Jump in January Update Read More »
Help us recognize some deserving women in the distribution industry by nominating them using the form linked here.
Nominations for MDM’s 2026 Women in Distribution are Now Open — Submit by Feb. 25 Read More »
The new capability is designed to help pros create project material lists within minutes.
Home Depot Launches AI-Powered Project Material List Tool Read More »
Keys to Actively Manage Your Inventory Portfolio for Financial Yield Read More »
World Electric promises faster deliveries, more specialized services and support for vertical markets like solar and EV charging as a result of the new facility opening.
Sonepar’s World Electric Opens Atlanta DC Read More »
Border States tapped a 15-year company veteran to succeed a planned retirement.
Border States Promotes Procurement Leader to VP of Industrial Solutions Read More »
The industrial supplies distributor adds an industry veteran with more than two decades of leadership experience across retail, distribution and building products.
RS Group Taps Former Beacon Exec as Americas President Read More »
Stanley Black & Decker will return to a non-executive Chairman of Board effective Oct. 1.
Stanley Black & Decker Making Chairman Succession, Appoints New Board Member Read More »
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