Global Industrial's 2024 sales increase was predominantly driven by its 2023 acquisition of Indoff, though decelerating in the back half.
Posts By MDM Staff
Builders FirstSource has appointed two industry leaders with experience in technology and eCommerce to its board, effective March 1.
Home Depot reported an improvement in customer demand in 4Q as the company broke a same-store decline in sales which persisted over the past two years.
Ohio-based Flighttime Enterprises and three employees face federal charges for illegally exporting aircraft parts to Russia, violating export restrictions and using false certifications to evade sanctions.
Pennsylvania-based Wheeler Fleet Solutions is a distributor of aftermarket parts and engineering solutions serving the medium and heavy-duty fleet market.
Field Fastener expands its global reach with two new facilities, enhancing service, inventory management and global reliability.
Both companies also acknowledged how many Beacon shares have been tendered as of Feb. 24 and gave opposing views on what it says about the offer.
AJS offers customers in the region a wide range of janitorial supplies, equipment and services.
Bosch Tool's former CEO has taken the same role at L.S. Starrett, succeeding Douglas Starrett.
The survey showed U.S. consumer sentiment continued to decline in February, reporting the highest year-ahead inflation reading since November 2023.
Detroit-based Harvest Sherwood filed a WARN notice to notify employees of its plan to shut down operations beginning April 21.
First Supply CEO warns that expiring tax provisions from the 2017 Tax Cuts and Jobs Act could threaten small businesses, jobs and community investments.
Grainger announces 12 board candidates for the 2025-2026 term, following the retirement of a long-time board member after nearly two decades of service.
Indiana-based distributor Franklin Electric enhances its market reach in Latin America with the addition of Barnes de Colombia, and in Australia with submersible pump OEM PumpENG.
Resideo Technologies reported strong Q4 and full-year financial growth, driven by a sales increase in its ADI unit and the integration of Snap One.
The company reported a decline in 4Q sales and gross margin, impacted by lower core organic sales and ongoing single-family and multi-family margin normalization, respectively.
Waldom appointed an industry veteran to strengthen supplier partnerships and drive the growth of its Green Stock and Master Distribution Solutions program.
Codale Electric Supply has announced its 2025 expansion plan, including the launch of a new automated CDC and several new branch locations.
Rockhill, SC-based ESR Motor Systems is a distributor of new motors and drives for commercial and industrial customers.
The hydraulics manufacturer says its investment in domestic value production will strengthen its supply chain and reduce delivery times.