It illustrated sticky inflation that is likely another roadblock to the Federal Reserve making interest rate cuts anytime soon.
Posts By MDM Staff
PSE enters New Jersey with the addition of coating distributor AeroCoat to further diversify its business in its specialty coating sector.
In its 26th acquisition, Ficodis added Montreal-based tool and fastener distributor Dorson to strengthen its residential construction sector offering.
It gains Macomb a 66-year-old, two-location distributor of PVF, bathroom and kitchen fixtures and HVAC equipment.
March orders typically see a large bump, as many sector manufacturers end their fiscal year at the end of the month.
Electrical distributor Van Meter adds to its central distribution center to support demand for services and specialized inventory.
In its third deal of the year, construction and safety supplies distributor White Cap will add Michigan-based safety product distributor.
1Q U.S. sales actually increased 2% year-over-year, driven by DNOW's acquisition of Whitco Supply that was completed during the quarter.
NTS will operate as a division of Abrasives & Tools of N.H.
The new initiative aims to build the PT/MC talent pipeline.
Spain-based AUSA will complement Oshkosh’s JLG line of telehandlers and other material handling equipment.
It gains the building products distributor a foothold in Teton Valley community along the Idaho/Wyoming border.
Gross margin had a modest annual improvement, while EBITDA shrunk.
The distributor had a considerable 1Q sales improvement vs. 4Q23, while all business segments saw continued annual declines.
They have a combined 16 manufacturing and distribution locations across four countries for electric heating and HVAC solutions.
It's already the ninth deal announced by Imperial Dade in 2024.
Month-to-month, sales were down in seven of the 10 durable goods categories that the Census Bureau tracks.
TopBuild is set to add Arkansas-based Insulation Works, which has three locations.
It set a new AD record for revenues in the first three months of the year.
The fasteners and industrial supplies distributor's 1Q acquisition of Koch Industries helped drive top-line sales growth.
