As we near the mid-point of 2023, the hottest topic of conversation in distribution appears to be artificial intelligence. Read more in Premium Monthly.
Net sales decreased 1.5% over last year, but increased 49.2% compared with the first quarter of fiscal 2021, the company said.
Construction spending during April was estimated at a seasonally adjusted annual rate of approximately $1.9 trillion.
The location will immediately begin serving the community by providing a training site for the Moraine, Ohio, Fire Department.
The acquisition, subject to competition authority approval, is scheduled to close in June, according to a news release.
In its annual handling of about 8 billion packages, Amazon estimates that less than one in 1,000 items are damaged.
As the calendar crawls toward summer, the pace of M&A activity among industrial distributors and manufacturers stays robust.
The company reported sales of $253.8 million for its fiscal fourth quarter, which ended March 31.
MDM's Tom Gale and IRCG's Mike Marks tackle the broader AI-backed applications that may soon become widespread in distribution.
SKF says the changes 'further strengthen its commercial focus in the company's journey towards increased profitable growth.'
David Molero is a certified public accountant with over 17 years of experience in accounting within a public company environment, DXP says.
Foster is a full-service provider of precast concrete structures, pipe, drainage materials and related geosynthetics products.
The $250 million deal expands Aliaxis in key U.S. markets by adding 2 production facilities and 1 distribution center.
A new 230,000-square-foot warehouse and distribution center is expected to increase capacity in the largest specialty Italian foods market.
Current U.S. Automotive Group President Kevin Herron will retire at the end of 2023 after 34 years with the company.
The four-year-old company says the latest seed round will be used to grow an already massive and detailed industrial offering.
MRS and Henry join forces to improve distribution, while MRS also strikes deals with Advanced Building Products and Tamlyn.
Crescent ranked No. 11 among electrical, data & security distributors on MDM's list of 2022 Top Distributors.
The acquisition is the first for the company since April 2020 and the first under CEO Dave Flitman’s leadership.
Sean Weil will be responsible for overseeing the PIP global finance organization and managing all financial operations.