Through 2028, the company will invest in R&D and efforts to strengthen its U.S. manufacturing footprint and new product development.
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Building materials distributor QXO’s second-quarter sales reached $3.25 billion, including $595 million from newly acquired Kodiak Building Partners.
Pipe, valve and fittings master distributor Midland Industries appoints Mark Roszkowski to its top post.
ADI reported $1.286 billion in second-quarter revenue, up 1% year-over-year, while standalone adjusted EBITDA declined 6%.
Applied ended fiscal 2026 with its strongest organic growth in more than three years and raised its intermediate targets to $7 billion in sales and a 14% EBITDA margin.
The Producer Price Index for final demand was unchanged in July, as declines in goods prices offset increases in services and construction.
Consumer inflation rebounded modestly after June’s sharp decline, while annual headline and core readings both continued to ease.
Two longtime HD executives will oversee Decker's CEO duties during his absence, with the news coming two weeks after the company reorganized leadership to accelerate contractor market share gains.
The deal marks a major geographic expansion into five new states for Parts Authority, one day after it announced the opening of a large Mississippi distribution hub.
An 11-year Wesco/Anixter leader will direct Wesco’s worldwide channel strategy for converging technologies, working with its largest global integrators across security, pro A/V, networking and related solutions.
The deal will add more than $260 million in projected 2026 revenue and expand Xylem’s portfolio of engineered pumping technologies for industrial and municipal applications.
The 32-year-old was ordered to pay Milwaukee Tool over $1M in restitution after pleading no contest to five felonies tied to a year-long order-and-delete scheme.
The planned succession comes two months after Epicor named a new chief revenue officer, extending a series of leadership changes at the ERP software provider.
The Olive Branch facility marks the automotive replacement parts distributor's entry into Mississippi and is designed to support faster deliveries and future geographic expansion.
The acquisition will add Offen’s 2.5 billion gallons in annual fuel distribution volume and expand Sunoco’s footprint across the Midwest, Mountain West and Southwest.
The Laval facility expands TricorBraun’s Canadian distribution network and is designed to improve delivery times, product availability and supply chain flexibility.
The Jacksonville, FL-based marine and industrial supplier will combine with Ascent’s local CERTEX branch, extending a deal streak that included three acquisitions in 2025.
June's monthly orders sharply rebounded from a May dip, leading to the best half-year total since data has been tracked since 1998.
The distributor raised its 2026 outlook, detailed five completed 2Q acquisitions and highlighted its pending $1.6 billion FloWorks deal days after joining the S&P 500.
The Centre Lane Partners-backed Division 10 platform launched in January with Spectrum Resource and is expanding its footprint with a second distributor.
