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The industrial hose, hydraulics and fluid sealing products distributor opened a Nevada DC to support faster service and expanded product availability across the Western U.S.
Elektrik said the investment will help scale its procurement platform for medium-voltage electrical infrastructure components.
The California-based safety products distributor is investing $1.7 million in a new Missouri facility that will create 21 jobs.
It signals continued languishing market conditions, as April's decline was likewise revised sharply downward. May's figure was its lowest since the height of COVID-19 lockdowns.
The deal marks RNDC’s latest divestment following its May sale of 11 geographic markets to Reyes Beverage Group and a recent stretch of leadership and financing changes.
The acquisition launches Rox Capital Partners’ industrial fastener platform, with plans to grow the Dallas-based manufacturer and distributor through organic initiatives and strategic acquisitions.
Overall industrial output decelerated considerably month-over-month as solid durable goods production was negated by an equal nondurable decline.
The hybrid packaging products distributor expanded footprint in the Northeast U.S. and EMEA footprints with acquisitions of O. Berk Company and BlueSky.
Capital Electric has opened a new 258,000-square-foot distribution center in Charlotte, adding inventory capacity, logistics capabilities and up to 100 jobs as it expands across the Carolinas.
A fire that erupted June 11 at Medline Industries’ 1 million-square-foot distribution center in Tracy, CA completely engulfed the facility, with firefighting efforts expected to continue for several days. No injuries were reported and all employees were accounted for.
Core wholesale inflation came in below forecasts, indicating that fuel costs tied to the ongoing Iran war conflict are causing most of the inflation burden.
FDH Aero said the new investment from Bain Capital will support global expansion, organic growth and strategic acquisitions.
The deal expands Snap-on's diagnostics, repair information and digital solutions capabilities in heavy-duty and equipment markets.
The water infrastructure products distributor reaffirmed its fiscal 2026 outlook after 1Q net income climbed nearly 8% despite flat year-over-year sales.
Surging energy prices continue to skew top-line CPI results, while core inflation trailed market expectations and decelerated month-over-month. Get the key numbers and charts here.
MDM’s AI Adoption Index survey closes soon. Participate anonymously to help strengthen the industry benchmark — and get early access to the resulting report and dashboard.
The tuck-in deal expands ABC Supply Interiors’ Milwaukee-area presence and adds its eighth Wisconsin location for that business unit formerly known as L&W Supply.
Platte River's investment in Tallman adds a distributor of lineman tools, utility equipment and services to the firm’s industrial portfolio.
How has Singer Industrial grown into a 55-plus-company platform while preserving local leadership and culture? This MDM Case Study explores the industrial rubber, fluid power and automation distributor's coordinated autonomy model, acquisition strategy and technology investments that are helping drive scale, efficiency and long-term growth.
