Sonepar significantly expanded its North American presence in 2024, now operating 548 branches across all provinces, territories and states.
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Air Liquide invests $150 million to expand Airgas' Tennessee facility, also supplying oxygen for LG Chem's battery plant.
Florida-based AFI is a distributor of latches, fasteners and hardware products and solutions with locations in five states.
The funding enhances demand-generation capabilities and strengthens customer relationships, driving sales growth of up to 300%.
The new education director will lead the development of ISA efforts to provide education and training resources.
Elliot Investment urged the company to split into two separate entities, claiming the separation could significantly boost share prices.
The company announced that President and CEO Jay Geldmacher will retire in 2025 as the company prepares for CEO succession.
Hills Distribution is a newly formed parent company focused on expanding plumbing and HVAC investments in the U.S. Northeast.
TOOFast Supply is a supplier of professional grade tools and fasteners serving the industrial, agricultural and residential markets.
To help find and source new investments, the private investment firm adds the CEO Anixter had at the time it merged with Wesco.
September orders expectedly had a boost from the biennial IMTS event, but less than usual.
Live on Premium and in the MDM Store, the issue's content spans Amazon Business' VMI launch, features on Watsco, ABC Supply and City Electric Supply, distributors' industry event spending and more, plus an HVACR Market Profile.
DXP expands its reach in the water treatment and vacuum pump markets, with both acquisitions enhancing its product offerings.
September inventories were down 0.2% from August, and down year-over-year.
The new SVP of sales will leverage his 27 years of industry experience to lead the company’s sales strategy.
Operating profit likewise decreased in the Americas segment year-over-year amid competitive pricing pressures.
Operations are expected to begin in the first quarter of 2025.
ADI's landmark acquisition of Snap One earlier this year continued to drive major annual sales gains, while organic also improved.
While half the size of the September rate cut, it shows further confidence in continued economic growth and eased inflation.
The longtime PT/MC industry sales leader garnered PTDA's Warren Pike Award, which is the association's lifetime achievement honor.
