Simultaneously, the company's current supply chain leader will transition responsibilities ahead of his planned retirement.
Posts By MDM Staff
Karen Colonias will continue as CEO through the end of 2022.
The event brought together over 140 member and supplier partner attendees Aug. 23 to 25 in Frisco, Texas.
The company recently celebrated the opening of its 105th new store in 2022 amid continued distribution network expansion.
The 95,000-square-foot facility will manufacture new, innovative hand tools, according to a news release from the company.
The bearings maker has new leaders for its Industrial Motion and Engineered Bearings units, while its HR leader is now an executive officer.
Markus Limberger joins the tools maker after leading operations for Danaher subsidiary Leica Microsystems.
It marks the first acquisition outside of Germany for EUKALIN, a manufacturer of adhesives for the paper and film converting industries.
Dana Duckworth joins the distribution supply chain and procurement services provider.
Wichita-based MEM Industrial is Kansas’ largest U.S. motor stocking distributor.
Industry veteran Scott Shimel has joined the Tulsa, Oklahoma-based metalworking and MROP supplies distributor.
Kristen Abbas joins the group to head the management, implementation, innovation and expansion of AD's meeting and network ecosystem.
As evidenced by the latest round of quarterly earnings reports, some industrial distributors and manufacturers still see year-to-year growth.
The distributor of specialty fasteners said it has finalized its purchase of Star Stainless Screw Company.
The opening comes as Southwire expands its business following the acquisition of Topaz Lighting Corp. in December 2021.
Steve Short will lead US LBM’s building materials sourcing and procurement strategy and supply chain operations, the company said.
In the latest earnings reporting period for publicly-traded companies, these distributors and manufacturers reported strong sales figures.
The acquisition will allow Envoy Solutions to continue to grow in the Southeast U.S. region, the company said.
The company plans to make its first-ever drone delivery on Aug. 9, on a three-mile flight from one facility to another.
The company says the facility, located in Cincinnati, Ohio, will increase the company’s capacity by about 200%.
