During February, mergers and acquisitions continued to be a prime topic, thanks in part to MDM's 2023 Virtual M&A Summit.
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It was a deceleration from January's 11.2% growth, but another solid month nonetheless.
In Houston-based BLP, Ryerson gains a supplier of complex fabrication services and toll processing capabilities.
Chief Revenue Officer Sandy Mattinson takes over leadership of Grainger's marketplace subsidiary on April 1 as Kevin Weadick steps down.
The heating and cooling solutions provider also announced it adding a new compressor and sensor factory in Mexico.
It provides Boucherville, Quebec-based The Master Group with extensive coverage in Ohio and Pennsylvania and represents a significant expansion of the distributor's U.S. footprint.
The marketplace platform has also launched a new storefront aimed to advance inclusive procurement.
Mike Hockett distills takeaways from a NAW Executive Summit session that featured distribution executives discussing what leading companies do differently when it comes to profits and pricing strategy.
The company's sales slowed considerably in the second half of the year amid tougher comps and a slumping single-family housing market.
Driven by a sizable decrease in transportation equipment, it followed a strong 5.1% increase in December.
We break down the building supplies distributors' 4Q and full-year financials, which included a company-record $8.4 billion in 2022 sales.
John Kerkhove takes the position after serving as President of Horizon Solutions, which Rexel acquired in July 2022.
The Brecksville, Ohio-based company gains new U.S. leadership, adding one outside hire and promoting another.
MiddleGround Capital gains a digital manufacturing platform investment in MegaTech, which provides high-precision, low volume machined parts.
It's FleetPride's second deal of the year after making 10 acquisitions in 2022.
The move looks to help Amazon keep pace with the well-established eBay Motors marketplace.
The electrical distributor will have a new Richmond, Virginia District VP and a new technology head on April 1.
Mike Hockett chats with Packer Fastener Co-Founder and CEO Terry Albrecht about how the distributor's culture and youth-driven energy have worked wonders for talent recruitment and retention.
A half-dozen distributors made Forbes' 2023 lists for Best Midsize and Large Employers, including a few on MDM's Top Distributors lists.
From a trio of short interviews at the recent NAW Executive Summit, distributor leaders tell us about their top challenges and how demand is faring as of early 2023.