Watsco's 2023 follows two years of record-setting performances and faces softer comparative market conditions.
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While 4Q volume fell in certain verticals, Wesco said it saw growth in industrial, utility, data center and network infrastructure.
In a step toward vertical integration, independent industrial distributor B&D Industrial acquired a Michigan-based gear manufacturer.
It further expands DXP’s offering and capabilities in the water and wastewater markets.
Whitco has about 30 employees across eight locations in Louisiana, Texas, New Mexico, Ohio and Pennsylvania.
The portable and power products maker has added Macromatic Industrial Controls (Waukesha, WI) and Primax Technologies (Point-Claire, Quebec).
A report from A3 shows that annual 2023 sales were near equal for automotive and non-automotive industries.
Full-year 2023 total sales were $4.73 billion, up 5.3% from 2022.
The manufacturers say the deal will create a scalable growth platform that expands Owens Corning’s addressable market to $27 billion.
Wholesale reveneus likewise ended the year on a monthly uptick.
AD owner/members total sales increased 5% in 2023 vs. 2022.
The results showed a continued slide in year-over-year and sequential sales growth that reflected an industry-wide demand slowdown.
It lets Fastenal meet a broader scope of product needs in the aerospace and defense industry, with a focus on precision-machined parts.
As a Triple S Member, Nova Equipment & Supplies will have access to the SSS brand and its proprietary systems, as well as its programs.
The acquisition of Consolidated Container complements the Mauser portfolio of rigid packaging products and services.
The trio of Brennan, Fairview Microwave and MENNEKES provide RS customers with access to more electrical, electronic and mechanical products
The Senate bill requests $60.1 billion for Ukraine aid, $14.1 billion for Israel and $20.2 billion to improve security at the U.S. border.
2023 was a year of "record-breaking innovation" as DigiKey looked to offer the newest technologies and expand its selection.
US LBM expands its product offering to support professional builders and remodelers in the northern part of Michigan’s lower peninsula.
Presented at NAW’s Executive Summit, the accolade recognizes the efforts of wholesaler-distributors and individual efforts to benefit the industry and those within it.