Steve Snower is resigning as CEO after 21 years, as the company names new leadership to guide its next phase of growth and development.
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AI-powered construction supply platform Parspec raised $20 million in Series A funding to expand its digital tools for distributors and contractors.
QXO appointed a new Chief Information Officer, effective July 14, bringing a decade of senior technology leadership from Kraft Heinz.
American Jebco is a distributor of fasteners and rivets made from a range of material, including steel, stainless steel, aluminum and more.
Prokeep integrated FieldPulse to allow contractors to place orders directly with distributors through the platform and streamlining communications.
Optimas Solutions relocated its headquarters to Hambach, France, to support growth and strengthen supply chain operations.
Now live, this issue’s content is packed a dozen articles that include the first three parts of our Analytics Imperative series; our three-part deep dive on LINC Systems; research on distributors decoupling from China; takeaways from two key SHIFT conference sessions; a Market Profile on Fluid Power; and more.
Ideal Tridon offers over 60,000 SKUs across clamps, strut metal framing, fittings and couplings, serving more than 20,000 customers.
Victaulic plans to open a DC in Halfway, MD by mid-2026, expanding its global footprint to 32 locations.
Kodiak launched KIG, a new standalone business focused on growing its appliances and interiors portfolio through locally owned companies.
Ingram Micro is recovering from a ransomware attack, with systems now largely restored and an investigation still underway.
U.S. wholesale trade dipped in May, with sales down and inventories falling for the first time since December 2024. Nondurable sales dragged down the overall figure.
President Donald Trump to implement copper import tariff as part of broader trade actions likely taking effect late July or August.
TMIC develops, manufactures and commercialized oil-injected screw compressors, while Adicomp delivers ETO solutions to customers.
Based outside of Chicago, Blackhawk Supply is a distributor of HVAC parts, with a focus on the maintenance, repair and operations of products.
It's the latest deal involving building materials distributors, following QXO’s purchase of Beacon and The Home Depot’s pending acquisition of GMS.
AAA specializes in providing products that including keyless locks, magnifiers, knives and blades, floor protection films, adhesives, lubricants and safety equipment for various industries.
The newly combined entity brings together two industry leaders with over 183 years of combined experience.
HVACR distributor-members of HARDI reported an expected drop in sales following two months of gains.
Gilles Beltran, current president Avnet’s European semiconductor specialist division, will take over the post.
