Ryerson adds Cerritos, California-based Hudson Tool Steel Corp.
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Modest year-over-year increases in the previous quarter moved to declines in the company's 2024 first quarter, including a 4.9% organic revenue decline year-over-year.
It’s already the third deal since BradyIFS and Envoy Solutions completed their landmark merger at the end of October.
It adds five locations across Texas, Oklahoma and New Mexico.
The combined fluid conveyance and sealing solutions distributor now comprises 30 locations across 13 states.
Nearly 1,000 attendees across AD's three electrical divisions convened in Grapevine, Texas over Oct. 18-20 for three days of collaboration.
It’s the eighth deal of the year for the fluid power, hosing and industrial products distributor formerly known as SBP Holdings.
Spending was up 10.7% year-over-year, with nonresidential constuction up 20% from a year earlier.
Serving the southwest Washington and Portland markets, it joins 13 other Ferguson DCs in the U.S.
It’s one of two Timken Belts factories, and follows the closing of South Carolina bearings plant this year.
CD&R advisor and White Cap CEO John Stegeman becomes chairman of Veritiv upon the transaction closing.
The figures indicate that demand remains soft and production execution was slightly down compared to October.
The service aims for delivery within two hours or less from the time of order placement from a local Parts in Town location.
We reported on 28 industrial, commercial and building supply M&A deals during the month by distributors and manufacturers, with all but two of them before Nov. 23.
GDP growth was revised up from the 4.9% issued on Oct. 26.
In just 12 years, Kodiak Building Partners has gone from inception to No. 11 on our Top Building Materials Distributors List. CEO Steve Swinney details how enabling local empowerment has keyed that growth.
Schneider's 5-year committment to NAED's "Next Level Now" initiative supports digital transformation of the distribution channel.
See which industrial, commercial and building supply distributors charted on Forbes' annual list of the largest privately-owned companies by revenue.
Nearly 30 actions were outlined at the first meeting of the Biden administration’s new Supply Chain Resilience Council.
The same bad actor re-encrypted previously stolen sensitive information, apparently just as the distributor had recovered from the initial breach.
