It was a deceleration from January's 11.2% growth, but another solid month nonetheless.
Posts By Mike Hockett
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.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
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.
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.
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.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
We chat with ISA President Brendan Breen to preview ISA23 in April, how the association has evolved to focus on year-round engagement and what he's hearing from members about business conditions.
Analysis of the latest M&A deals and exclusive results from the 4Q22 Baird-MDM Industrial Distribution Survey highlight January's report.
More than a handful of companies on MDM's 2022 Top Distributors list garnered the reputation-based honor from Fortune.
It was the index's ninth straight month of decline, and third straight in contraction territory.
As a primer to MDM's Feb. 22-23 Virtual M&A Summit, we chat with MSC Industrial Supply leaders Erik Gershwind and Jim Drohan about the company's recently aggressive M&A strategy.
In our latest QuickTake Podcast, Dorn Group's James Dorn shares how he sees a perfect storm brewing for private label investment as softening inflation and supply chain pressures add tailwinds to its equation.
Learn about the electrical and industrial supplies distributor's vision for the future as it celebrates its centennial throughout 2023.