GDP growth decelerated in 1Q due to a downturn in private inventory investment and a slowdown in nonresidential fixed investment, according to the Bureau of Economic Analysis.
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Montratec designs and develops automation and transport systems for interlinking industrial production and logistics processes.
The increase reflected organic sales growth of 10.1% for the Swedish bearings manufacturer.
The industrial automation manufacturer saw explosive sales growth in 2Q compared to 1Q.
After a strong finish to 2022, Grainger maintained that momentum in 2023’s first quarter, according to its latest earnings report.
Graybar aims to bolster its growing industrial automation platform with the acquisition of San Jose, California-based Valin.
KCP sales rose 12% in the company's North America region in 1Q.
The acquisition gives L&W Supply its ninth location in Indiana.
Following its record fiscal performance in 2022, Graybar again achieved record sales in 2023's first quarter.
The program aims to help retail stores identify and track marketplace counterfeits as part of Amazon’s efforts to eliminate organized crime on its platform.
Major ports across the U.S. saw their volumes drop last month to levels not seen since before the COVID-19 pandemic.
After a slow finish to an otherwise-robust 2022, revenue growth continued to decelerate to start 2023.
QFC represents AFC's third acquisition of 2023 already and eighth since April 2021.
Tom Gale and IRCG’s Mike Marks debrief from attending ISA23, with a deeper discussion on what’s new for 2023 as more distributors engage in transforming sales processes and go-to-market models.
Pool Corp experienced a decline in sales in 1Q 2023 due to seasonally unusual weather in some of its key markets.
Snap-on's 7.8% sales increase in 3Q was up from 4Q 2022’s year-over-year increase of 4.3%.
Motion, Genuine Parts Company's industrial segment, achieved sales of $2.3 billion in 2023's first quarter.
The OEM foodservice equipment distributor has added HVAC parts to its portfolio.
DXP's 38.6% year-over-year sales growth in 4Q followed 33.8% growth in 3Q.
EZ Concrete Supply is a distributor of decorative concrete supplies and equipment to specialty contractors across the U.S.
