The rule would raise the salary threshold for guarantee overtime pay from its current $35,668 to $55,000 and include a future provision.
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It's the distributor's second deal in as many months, further boosting its Industrial Parts and Engineered Repair Services business units.
While in contraction territory for a 10th straight month, a handful of key subindexes trended positive vs. July.
We're off Monday for Labor Day, and we hope you are too. Our Update newsletter will be back in action Tuesday morning.
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The MRO products distributor's project will create at least 250 full-time jobs by the facility's sixth year of operation.
See which MDM-oriented distributors made Inc.'s annual list of the fastest-growing privately held companies in America.
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The distributor also announced a new leader for its Industrial Parts and Engineered Repair Services segments.
It adds 18 locations and 220 employees to Border States as its first acquisition in 18 months.
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July's PPI increased at a faster pace in July vs. June, with core CPI posting its biggest one-month increase since February.
Consumer prices increased at a slightly higher pace than in June, while core inflation ticked downward.
AFC Industries has burst onto MDM's Top Industrial Distributors scene after several years of frequent acquisitions. We chat with CEO Kevin Godin about how the company has successfully managed all of its recent growth.
Amid growing digital transformation in the industry, maintaining and improving relationships has become more challenging than ever.
It's just CD&R's latest major investment in the B2B distribution space.
We discuss the ins and outs of distributor category management with former MSC Industrial Supply veteran Steve Gettleman, who had advice for how distributors of all kinds can leverage a formal program.
Major organic sales decline and deflation continued to slam the building products distribution giant in 2Q.
Excluding Global's $69 million acquisition of Indoff that closed in May, 2Q sales were down 5.2% year-over-year.
The additions for the plumbing and industrial supplies distribution giant are across three different industries.
