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In The News:

Breaking News in Wholesale Distribution

Fastenal’s May Sales Up 9.5%

The company reported daily sales up 9.5% versus a year ago.
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Private Equity-Backed Motor City Industrial Acquires Quality Fastener and Supply

The acquisition strengthens the company’s presence in the Midwest.
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ParkOhio Completes Acquisition of Erie Press Systems

Erie Press has reported annual revenues of $20 million.
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High Road Capital Partners Acquires John Henry Foster Minnesota

John Henry Foster Minnesota is a value-added distributor of motion control parts and accessories, supplying manufacturers in the Upper Midwest.
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HARDI Distributors Report 22.3 Percent Revenue Increase in April

Annualized growth through April was 12.6%.
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Singer Equities Acquires 4-STAR Hose & Supply

The business will continue operating under the 4-STAR Hose & Supply name.
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84 Lumber Names Divisional VP of the Mid-Atlantic Region

John Hay was most recently a 84 Lumber store manager.
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Imperial Dade Acquires Strauss Paper Company

The acquisition strengthens Imperial Dade’s existing presence in the Tri-State area.
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Manufacturing Sector Expanded in May

The May PMI registered 52.1%, a decrease of 0.7% from the April reading.
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MSC Industrial Supply Names Senior Vice President of Sales & Customer Success

Edward Martin was most recently chief commercial officer at General Electric’s Power's Industrial Solutions business.
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