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In The News:

Breaking News in Wholesale Distribution

Manufacturing Sector Contracted in August According to the Manufacturing ISM Report On Business

The overall economy grew for the 124th consecutive month.
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Acuity Brands Acquires The Luminaires Group

Deal expected to close by the end of September.
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SRS Distribution Opens Four New Locations

The branches are in Ohio, North Carolina, Pennsylvania and California.
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Alibaba Group CEO Daniel Zhang Assumes Chairmanship

Daniel Zhang succeeds Jack Ma, who announced his retirement one year ago.
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Systemax Opens Global Industrial Distribution Center in Texas

The DeSoto facility is now fully operational and key to the company’s UX strategy.
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Winsupply Opens Plumbing Distributor in Florida

Winsupply of West Orange in Ocoee will serve residential plumbing, MRO contractors.
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Acuity Brands Appoints New Leadership

President, SVP and CFO roles changing.
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HD Supply Acquires Presto Maintenance Supply

Deal expands the distributor’s facilities maintenance operations in Houston.
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Singer Equities Acquires Shipyard Supply, LLC

The business will continue operating under the Shipyard Supply name.
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Lawson Products Appoints VP of Mergers and Acquisitions

Brian Hoekstra will report to President and CEO Michael DeCata.
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