Trinity Hunt Partners launched Steadpoint Industrial Services with Northline Industrial as its foundational investment, establishing a new platform that provides aftermarket repair, field services and other MRO solutions.
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BLDR posted another quarter of broad sales and margin declines as housing affordability pressures weighed on single-family and multifamily construction. The distributor lowered its 2026 outlook while expanding cost actions and continuing to invest in value-added services.
The electrical distribution giant posted record sales and profitability across its portfolio, with data center growth again leading the way, while sharply raising its 2026 outlook and closing its Newark Engineering acquisition.
The headline figure came in below expectations as rising imports and weaker government spending weighed on growth, but a sharp acceleration in private domestic demand offered a considerably stronger underlying signal.
The Federal Reserve maintained its benchmark interest rate again, extending a pause that began in December. Three regional Fed presidents dissented in favor of raising rates as policymakers continued to emphasize elevated inflation.
SiteOne Landscape Supply posted higher second-quarter sales, profit and gross margin as acquisitions, pricing and commercial initiatives offset continued weakness in residential construction and repair-and-upgrade demand.
The manufacturer’s power tools and North American businesses returned to growth, while tariff refunds and productivity gains expanded margins and supported raised 2026 guidance.
The HVACR distributor posted modest sales and residential equipment volume growth as its A2L transition neared completion, while eCommerce sales continued to gain solid traction during the first half.
The major wine and spirits distributor entered bankruptcy after transferring most of its markets to competitors, closing facilities and accumulating hundreds of millions of dollars in unsecured supplier claims.
The distributor’s newest HVAC supply house expands its reach in North Carolina’s Triad region, continuing a busy year of greenfield openings, acquisitions and major distribution infrastructure investments.
The distributor expects to open the facility this fall, adding about 20 employees as it expands its service coverage across West Texas and neighboring New Mexico.
MDM’s 2Q26 MarketPulse Report consists of the quarterly results, analysis and commentary from the latest Baird-MDM Industrial Distribution Survey — conducted early July — that explored revenue performance, pricing and business expectations for the current quarter and rest-of-year. It includes a wealth of market-specific data and commentary from survey respondents.
U.S. durable goods orders increased 0.3% in June, led by computers and electronic products, while orders excluding transportation rose 0.6%. Total orders were up 8.9% year over year and 6.7% through the first half of 2026.
Rexel’s 2Q same-day sales climbed 6.7%, including 7.8% growth in North America, as data center projects, industrial automation and firmer pricing drove broad-based acceleration. The electrical distribution giant raised its full-year sales and profitability outlook.
Nashville-based Agape Sales & Service distributes and installs commercial doors, frames, architectural hardware and related building products for new construction, renovation and retrofit projects.
A 23-year company veteran will lead the distributor’s cybersecurity resilience and enterprise risk efforts, becoming the latest longtime Border States employee-owner elevated to a VP role in 2026.
The acquisition adds Indesco’s hydraulic, pneumatic and power transmission expertise and expands IBT Industrial Solutions’ distribution presence into the Southeast.
The investment firm’s private equity business will acquire a controlling interest in the Edmonton-based industrial MRO distributor, while Gregg employees retain a meaningful ownership stake.
Cavallo has expanded its SalesPad for Business Central platform with tools designed to automate distributor pricing decisions, document routing and customer intelligence, alongside additional inventory allocation and service workflow enhancements.
Drewry’s latest World Container Index showed a second consecutive weekly decline, but U.S.-bound shipping rates remain far above early-2026 levels amid tariff-driven frontloading, constrained capacity, elevated fuel costs and continued geopolitical uncertainty.
