The new executive operating partner has more than 35 years of experience across the full automation value chain, spanning distribution, manufacturing and private equity-backed operations.
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The purchase boosts US LBM's presence in the fast-growing Charlotte metro market.
It marks the 16 location overall and second in Illinois for the fasteners and industrial supplies distributor.
Adding five Dallas-Ft. Worth-area locations, the move strengthens MCE's hydraulic repair capabilities and enables it to better serve the full lifecycle, fluid power needs of customers.
Veritiv adds a Tampa,FL-based distributor of core packaging products and a Lakewood, NJ distributor of corrugated packaging products.
Core inflation likewise jumped, while a major increase in the index for final demand services was driven by widened margins for machinery and equipment wholesalers.
Resideo filed its Form 10 registration statement with the SEC for the planned spin-off of ADI Global Distribution, while also reporting solid 1Q26 growth for the distribution business. The company detailed the future leadership teams and boards for both standalone companies as the separation remains on track for later this year.
Graybar continues its acquisitive push with a deal for California-based American Electric Supply, strengthening its electrical distribution presence in Southern California following a record-setting first quarter.
Surging energy prices continue to skew top-line CPI results, while core inflation was above market expectations. Get the key numbers and charts here.
The deal adds a Mokena, IL-based industrial automation and electrical distributor about $330 million in 2025 annual turnover.
SupplyHouse has appointed its first general counsel as the fast-growing eCommerce-based distributor builds legal and governance infrastructure to support continued expansion across its plumbing, HVAC and electrical supply business.
Colonial Oil Industries is one of the largest independent oil distributors in the U.S., primarily serving the Southeast.
SBSI nets three Tennessee locations with the expansion, giving it 14 overall across the five U.S. states.
A proposed class-action lawsuit filed in federal court accuses Ace Hardware and software provider Epicor of orchestrating a long-running scheme to coordinate retail pricing and allocate local markets among thousands of Ace-affiliated stores nationwide.
While inflation is a major tailwind, a sustained increase in average order value above inflation continues to point to increased demand.
It comes about two months after distributors completed their merger to create a company with more than $10 billion in annual revenues and 13,000 employees.
The now-combined company also provided an update on MRC’s integration, and ERP system migration that has seen major challenges since launched in November.
The company’s Innovative Pumping Solutions segment continues to see substantial year-over-year expansion.
Our April issue contains articles that complete our deep dive Stellar Industrial Supply research on the state of pricing power; why manual cost updates are bleeding margin; a Fastenal financials analysis; our monthly MDM Forecast and M&A Roundup; a Wiring products Market Profile; and more.
Solid housing construction spend more than offset a second straight nonres decline. Get the full numbers and growth/decline changes here.
