U.S. construction spending edged higher in May, helped by continued public sector gains and residential improvement. Private nonresidential spending, however, declined for an eighth straight month. Get all the key data and charts here.
May U.S. Construction Spending Inches Up, Trailing Expectations Read More »
The economic indicator was expected to hold or modestly tick down, as indices for new orders and production both declined month-over-month.
ISM PMI Unexpectedly Slides, Signaling Slower June Manufacturing Growth Read More »
Do it Best Group is relocating True Value’s headquarters from Chicago to Fort Wayne, IN, bringing the retail-owned hardware chain’s corporate base to the home of its new parent company.
Do it Best to Move True Value HQ to Fort Wayne Read More »
The deal expands IDI’s spray foam and polyurea capabilities in the Midwest, following its acquisition of Design North Supply one day earlier.
IDI Adds Spray Foam Distributor MCC Equipment in Indiana for 2nd Deal in 2 Days Read More »
MDM won’t deploy an Update newsletter on Friday amid the Fourth of July holiday in the U.S., so it’ll be back on Monday.
No MDM Update Newsletter Friday Read More »
QXO officially closed on its acquisition of TopBuild, adding insulation distribution and installation scale to its fast-growing building products platform and positioning the company near the top of MDM’s Building Materials/Construction Top Distributors List.
QXO Completes $17B TopBuild Deal, Pushing Annual Revenue Past $16B Read More »
The deal adds repair and maintenance management technology to Parts Town’s OEM foodservice parts distribution platform.
Parts Town Acquires Restaurant Maintenance Management Provider 86 Repairs Read More »
Expected to add about $200 in annual revenue, Flowserve said the Trillium Valves deal strengthens its position in nuclear and power generation markets while expanding its valve, actuation and aftermarket capabilities.
Flowserve Completes $490M Acquisition of Trillium Valves Unit Read More »
Homebuilding AI company Higharc raised $95 million in Series C funding and named US LBM as the first partner for its new AI Estimating product for building materials distributors.
Homebuilding AI Firm Higharc Raises $95M, Partners with US LBM Read More »
June’s Premium content covered the keys to Grainger’s business model success; AI’s role in Lean Six Sigma; what 3M’s “Ask 3M” AI customer tool means for distributors; City Electric Supply’s new services rollout; the growing pricing power gap between large and small distributors; and our monthly MDM Forecast and M&A Roundup. Get the condensed rundown here.
MDM’s June Premium Monthly Recap Read More »
June M&A Roundup: Building Materials Leads Softer Month Read More »
NetPlus Alliance’s latest Industry Outlook showed a strong start to 2026 among its distributor members, with most reporting year-over-year sales gains and more than three-quarters expecting full-year sales growth.
NetPlus Distributor Members Eye Healthy 2026 Growth after 1Q Purchases Jump Read More »
You’ve seen our new Top Distributors Lists. Now, see which companies remained as MDM Industry Titans and which ones joined the exclusive club that recognizes companies that have been in the top 3 of one of our Top Distributors Lists for at least five consecutive years — a testament to sustained market leadership.
See MDM’s 2026 Industry Titans Read More »
The deal gives Insulation Distributors. Inc. a formal presence across Montana, Alaska and the broader Northwest, adding a spray foam and polyurea distributor with locations in Billings, MT and Anchorage, AK.
Insulation Distributor IDI Acquires Design North Supply to Expand Northwest Read More »
The figures suggest goods continued accumulating across distribution channels, albeit at a slower pace than April, and we’ll find out if sales kept pace when the government’s full wholesale trade report publishes July 8.
Advance: U.S. Wholesale Inventories Rose Another 0.3% in May Read More »
The new top leadership appointment is effective July 13, as Founder Brian Price transitions to Board Chairman
Outdoor Living Supply Taps US LBM Exec as New CEO Read More »
TIC has appointed an 18-year company veteran to lead its Motors & Drives sales efforts, succeeding longtime leader John O’Brien.
Toshiba International Corp. Names Distribution Sales Director for Motors & Drives Read More »
QXO’s acquisition of TopBuild cleared a major hurdle with shareholder approval from both companies. The transaction is expected to close July 1, positioning QXO as one of North America’s largest publicly traded building products distributors.
QXO, TopBuild Shareholders Approve $17B Deal Read More »
The fasteners association elected four new executive directors as well as four other board members.
NFDA Elects 2026-2027 Leadership Read More »
The fastener manufacturer and distributor said the nearby move supports more efficient operations, improved logistics and future growth, while maintaining continuity for customers and partners.
Optimas to Relocate Ohio DC Read More »
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