Fellow private equity firm American Securities, which acquired FBM in 2021, retains a majority stake in the distributor.
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Terabytes of data were stolen from manufacturing giant Schneider Electric’s sustainability division in a ransomware attack on Jan. 17.
Proton describes it as the first conversational AI chatbot designed specifically for distributors and exclusively for Proton CRM customers.
The company is bringing its full scope of PVF product and more to a 40,000-SF facility near the Indianapolis International Airport.
Food distributor and supplier PFG's renewed and expanded New Jersey facility will service its Mid-Atlantic operations for Vistar.
Mill-to-market corrugated packing manufacturer Hood Container acquired Sumter Packaging Corp. in the Southeast.
Automotive fastener manufacturer MEIDOH moves to diversify its business with the addition of Arizona-based Pilgrim Aerospace Fasteners.
Despite the tense global economic and political climate, Germany-based industrial distributor Würth Group's sales grew by 2.4%.
anyseals' streamlined operations have resulted in more competitive pricing on large-volume orders.
Exports of industrial supplies saw a healthy rebound from a November decline.
Following their biggest gain in 28 months during November, orders were virtually unchanged in December.
While the figure decelerated from 3Q23’s robust 4.9% growth, it easily topped forecasts and suggested continued economic resilience.
The National Association of Wholesaler-Distributors and Modern Distribution Management have combined in a move that unlocks a wealth of data-driven intelligence for NAW members and MDM subscribers.
TTDS increases its breadth of products and services with the addition of Proheat, a distributor of heaters, sensors and controls.
Threadline Products opened a new headquarters to meet growing demand and combine operations of a legacy distribution acquisition.
A 24,000-square-foot expansion in Boston will offer F.W. Webb customers access to a larger product assortment.
DPA University is an online educational portal that offers product training and courses to all DPA distributors and their employees.
Star Precision is a complementary addition to Maysteel as it scales and diversifies its metal production and machining capabilities.
Metalforming companies express more optimism about business activity month over month, according to the latest report from the Precision Metalforming Association.
See our full breakdown of 3M's 4Q numbers, which showed that roofing granules were the only industrial category to see decent growth.