The well-regarded barometer of U.S. manufacturing ended 2022 on a sour note, contracting for a second-straight month to its lowest mark since May 2020 when industries were dealing with factory shutdowns.
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The MDM staff hopes you're able to enjoy a long New Year's weekend. Our daily newsletter will resume Tuesday morning with MDM Premium, followed by MDM Update on Wednesday.
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The hardware products distributor has added a former Hillman Group and Elgin Fastener executive to lead its Industrial Business.
It marks PGC’s fifth acquisition since it was formed by Shorehill Capital in 2017.
Atlanta-based Heritage Distribution Holdings is a group of HVACR distributors serving the U.S. southeast and midwest via 64 branches across 10 states.
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Sonepar: "Henri, following a family lead, recognized very early the potential of the electrical distribution industry."
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See who will succeed John Howard in the role at the end of January.
It follows three-straight .75-point increases.
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The industrial manufacturing barometer fell another 1.2 points from October, continuing its year-long slide.
The rare, bipartisan legislation heads to President Biden's desk, where his expected signature would avert what NAW calls a catastrophic labor strike.
The distributor said the added funds will enable it to reinvest in the business and pursue further organic growth and targeted acquisitions.
Bob Zamarripa was OneSource Distributors’ Chairman and CEO until 2013 and has served on numerous other boards of leading industrial distributors and manufacturers.
The precision tools maker said the move from Waukesha, Wisconsin, was done to be closer to its growing customer base.
The MDM staff hopes you're able to enjoy a long Thanksgiving weekend. Our daily newsletter will resume Monday morning.