Latest portfolio addition for BlackHawk Industrial will help significantly expand the company’s distribution footprint into Pennsylvania.
Eric Smith
Former MDM Senior Editor Eric Smith was an award-winning business journalist whose coverage focuses included economic news and insights, industry trends, M&A, and analysis of small businesses and public companies across the wholesale distribution marketplace.
Posts By Eric Smith
Chris Bauerle will manage ABC Supply Co.'s newest location in Concord, which is near Charlotte.
Brady, a Las Vegas-based full-line janitorial supply, equipment and foodservice distributor, has acquired Mission Janitorial & Abrasive Supplies, San Diego, California.
Bearings manufacturer RBC Bearings names Robert M. Sullivan vice president and CFO, and John J. Feeney vice president, general counsel and secretary.
New addition for Heritage Landscape Supply expands company’s footprint into the Mid-Atlantic and Northeast regions of the U.S.
The news of out the White House that President Trump tested positive for COVID-19 — on the first day of the fourth quarter, no less — rattled the market and served as a potential blow to the rebounding economy. What else is in store for the last three months of 2020?
The August PMI registered 55.4%, a decrease of 0.6% from the August reading of 56% — and the fifth consecutive month of expansion.
Overall growth in real GDP slowed in the second quarter from the first quarter of 2020, according to the U.S. Bureau of Economic Analysis.
Emerson says acquisition will complement the company’s portfolio and “help customers in discrete and hybrid end markets accelerate digital transformation.”
Home improvement retailer names Ted Decker to president and COO, and also makes four other executive appointments.
Landscape supply distributor SiteOne Landscape Supply Inc. (NYSE: SITE), Roswell, Georgia, announced this week that it has acquired Burnco Landscape Centres Inc., a wholly owned subsidiary of Burnco Rock Products Ltd.
Swedish manufacturer Atlas Copco has named Peter Kinnart as senior vice president, CFO, and member of the company’s group management, effective July 2021.
Another month of the U.S. economy muddling through the COVID-19 crisis, another period of distribution M&A showing signs of returning to normal, beginning with a big announcement from Lawson Products.
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Sept. 21 to Sept. 25 indicated a 0.7% decrease compared with the same week a year ago.
Heating, Air-conditioning & Refrigeration Distributors International (HARDI) this week released its monthly TRENDS report, showing the average sales performance by HARDI distributors was an increase of 4.5% during August.
Building materials distributor US LBM grows product offering and reach in Central Florida with new branch in Lakeland under the Raymond Building Supply banner.
The decrease in real GDP reflected decreases in PCE, exports, nonresidential fixed investment, private inventory investment, residential fixed investment, and state and local government spending that were partly offset by an increase in federal government spending.
The U.S. Census Bureau this week released advance indicators showing that the international trade deficit and wholesale inventories both increased in August.
ISA has launched registration for its next virtual event for 2020, the inaugural Women in Industry Virtual Summit, October 21-22, from 1 p.m. to 4:30 p.m. EST.
After pausing M&A activity back in March due to COVID-19, Ferguson says it has some deals in the pipeline, so it’s only a matter of time before the distributor again starts growing through acquisition.
