Fusion Capital Partners acquired the instrumentation and industrial equipment distributor, with LKCM Headwater Investments retaining a minority stake through reinvestment.
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Sysco is launching its first retail storefront, Sysco To Go, to offer bulk supplies to smaller businesses and cut supply chain costs.
AlfaOBL America has opened a new U.S. facility in Plano, TX, offering 48-hour fulfillment and reintroducing its Blackline pump series.
World Electric is expanding with a new regional distribution center and appointed a new VP of sales to support growth.
Moblico launched a tool that automates unstructured order processing to help distributors reduce errors, save time and scale efficiently.
The annual report detailed that over half of U.S. building materials suppliers saw sales decline in 2024, showing a sluggish market despite modest overall revenue gains.
Lonestar Electric is expanding to Tennessee with a new distribution center set to open in June, creating around 40 jobs.
The decline would be the first in about a decade outside of the COVID-19 pandemic.
The latest government data showed that while overall monthly housing starts rose, they decline for single-family units.
The investment is set to create the first new primary aluminum production plant to be built in the U.S. in 45 years.
Grant Hagberg is a dry ice, carbon dioxide, hydrotesting and fire extinguisher recharging provider operating from a single location in northwest Indiana.
The latest ISM forecast revealed flat or minimal growth for manufacturing in 2025, with revenue, employment and capital spending expectations all trending lower.
Canadian manufacturing sales fell for a second straight month in March, while wholesale sales posted a modest gain despite volume declines.
U.S. industrial production stagnated in April, as gains in utilities were offset by declines in manufacturing and mining.
Verusen launched its Explainability AI Agent to bring transparency and trust to AI-driven materials and inventory optimization.
U.S. producer prices fell 0.5% in April, marking a second consecutive monthly decline and flipped economists’ expectations of a 0.3% increase.
A new chair will succeed Timothy Fiore in June 2025 to lead ISM’s Manufacturing Business Survey Committee, bringing leadership experience from FedEx.
The company appointed a new CFO to lead its financial strategy, capital markets activities and drive growth, bringing three decades of experience in capital markets.
Southern Glazer’s Wine & Spirits opened a new technology-driven DC to support long-term growth and enhance service efficiency across the region.
Enable appointed a new president to lead operational scaling and accelerate growth, bringing financial and technical expertise to the role.
