U.S. cutting tool consumption rose modestly in April but remains down year-over-year, as market uncertainty and tariff issues continue to delay expected industry growth.
Posts By MDM Staff
GMS reported lower fourth-quarter results amid soft market conditions, with strength in Ceilings and Complementary Products more than offset by declines in Wallboard and Steel.
Heritage Pool Supply Group appointed a new president with over 30 years of industry experience to lead its growth and strategic direction.
AD appointed a seasoned industry leader as SVP of Supply Relations for its IESD, bringing channel expertise to strengthen supplier and member growth.
BlackHawk Industrial named a new CFO, emphasizing the company’s continued investment in leadership to drive financial performance and service.
Teamsters Local 79 said over 160 drivers at Breakthru Beverage locations in Florida went on strike after the company allegedly "fired workers involved in union activity."
Warshauer Electrical is a provider of technical services and products, including switchgears, engineering and design support, generator sales and rentals and more.
Based in Texas, CEC is an electrical infrastructure and mechanical contractor, serving a range of industries such as data centers and commercial.
Ultra PCS Limited is a provider of electronic controls, sending and date processing solutions to the aerospace industry.
U.S. industrial production dipped in May as utilities output fell sharply, while factory activity rebounded modestly after an April decline.
U.S. consumer sentiment jumped in June, with optimism rising across all groups despite lingering economic concerns and elevated inflation expectations.
UDG is a North Carolina-based supplier of aftermarket automotive shop equipment, offering sales, installation and technical field services.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
LindFast is consolidating two Ontario warehouses into a new hub to expand inventory, improve fulfillment and unify its brands.
Amazon is investing in two data center campuses in Pennsylvania, creating thousands of jobs and expanding its cloud computing infrastructure.
Micron is investing in U.S. memory production and R&D, a move set to create 90,000 jobs and open growth opportunities across the semiconductor supply chain.
Essendant partnered with UPS company Roadie to expand last-mile delivery through local driver networks.
U.S. producer prices inched higher in May, reflecting a modest rebound in wholesale costs led by services and goods after recent declines.
A White House official clarified that the 55% figure does not represent an increase from the prior 30%, but instead includes a combination of existing import taxes.
Genuine Parts Company named a new President of North America Automotive, effective August 2025, as part of a planned leadership transition.