More than one-third of surveyed North American metalforming manufacturers expect weaker economic activity in the next three months, while less than 1 in 5 expect improvement.
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It was the fifth consecutive quarter of year-over-year sales growth in Asia for electronic components distributor Avnet, while its Americas sales returned to growth.
It will result in a combined company with about $6.5 billion in annual revenue, more than 160 locations and 6,300 employees.
The distributor said revenue growth was again driven by the company's largest strategic accounts.
The new company, called American Water, will serve 4.7 million water and wastewater connections across 17 states.
A former Stanley Black & Decker, Allegion and Jeld-Wen executive is just the third president in the company's 50-year history.
Double-digit sales growth continued alongside strong profitability in a quarter that saw Graybar record several notable achievements.
The partnership's hub-and-spoke model, with over 200 final mile locations, makes two-day warehouse delivery achievable across 98% of the U.S. population.
The move expands Fastener Solutions' footprint and capabilities in the Mid-Atlantic region.
Core consumer prices in the U.S. rose less than anticipated in September, driven by rising gas prices.
The name change and branding showcases a depth of products beyond electrical supplies as well as a consultative approach and innovative solutions.
Current MSC COO Martina McIsaac will succeed Erik Gershwind following his planned retirement after 13 years as CEO.
The new leadership team at All State Fasteners includes three former Würth Industry North America executives.
It was an acceleration from August, with nonresidential building leading the way by rising double digits month-over-month.
Adding New Jersey-based Gemtor underscores National Safety Apparel's ongoing growth strategy.
This is the second acquisition in five days for the drivetrain products distributor.
Micro Informatica is an authorized distributor of AMD products in Latin America.
The new facility — operated in partnership with CEVA Logistics — improves delivery efficiency and reduces environmental impact with advanced automation.
August U.S. cutting tool stats suggest continued market uncertainty.
Exotic Automation & Supply, a Parker Hannifin distributor based in New Hudson, MI, will acquire West Michigan Rubber & Supply Co.
