Mark Powell, Author at Modern Distribution Management

The Texas-based distributor of electronic test, measurement and production supplies announced a partnership with the U.K.-based manufacturer.

December 7, 2021

Operations

Private Firm to Acquire Ziliant

The B2B price optimization company said it has agreed be acquired by Madison Dearborn Partners, a private equity firm in Chicago.

December 7, 2021

Operations

Southwire Acquires Topaz Lighting

Southwire says the deal supports its growth strategy and builds toward a goal to remain generationally sustainable.

December 7, 2021

Operations

AD Canada Launches Network to Unite Women

AD Canada's Women in Industry Network was unveiled last month during the 2021 Virtual AD Supplier Summit.

December 7, 2021

Economic Trends

Goods and Services Deficit Shrinks in October

The goods and services deficit was $67.1 billion in October, down $14.3 billion from $81.4 billion in September, according to a new report.

December 7, 2021

Operations

Ferguson Fiscal 1Q Sales Up 26.6%

The company reported 2022 fiscal first-quarter net sales of more than $6.8 billion, a 26.6% increase over the company’s fiscal 1Q in 2021

December 7, 2021

Strategy

Graybar Exec on Strategy Behind New Leadership Roles, M&A Activity

Bill Mansfield, Graybar’s SVP of strategy and business development, reflects on the company’s acquisition strategy, as well as the long- and short-term ways COVID-19 has affected business operations.

December 6, 2021

Operations

Fastenal November Sales Rise

Winona, Minnesota-based Fastenal Co. reported last-month sales of more than $524 million, an 18.9% increase over the same month in 2020.

December 6, 2021

Operations

Sysco Acquiring Coastal Companies

The foodservice distributor announced Monday it has reached a deal to acquire a leading fresh produce distributor and value-added processer.

December 6, 2021

Operations

Cook & Boardman Acquires Bass Security

Specialty distributor of commercial door entry solutions and systems integration services says it has acquired the Ohio company.

December 6, 2021

Operations

Cardinal and Zipline Strike Delivery Deal

Cardinal Health and the instant logistics company joined forces to offer on-demand, autonomous aircraft delivery to pharmacies.

December 6, 2021

Operations

AMETEK Announces Leadership Changes

AMETEK has appointed two new vice presidents/general managers, as longtime SVP Bruce Wilson announces retirement.

December 6, 2021

Operations

Ace Opens Store in Mexico

Ace Hardware International Holdings says the company opened its first store in Monterrey, Mexico, under a new franchise model.

December 3, 2021

Operations

PIP Acquires Bisley Workwear

Protective Industrial Products, Inc. acquired Bisley Workwear, a provider of work and safety wear based near Sydney, Australia.

December 3, 2021

Research & Analytics

Nonresidential Construction Employment Rises

The industry added 31,000 net jobs in November, according to an Associated Builders and Contractors analysis of U.S. labor data.

December 3, 2021

Operations

SBP Holdings Acquires Watts

The provider of inspection and testing services, repairs and specialized rental activities has acquired a hydraulic repair company.

December 3, 2021

Operations

White Cap Acquires Ram Tool

Atlanta-based White Cap Supply Holdings has closed a deal to acquire Birmingham, Alabama-based Ram Tool Construction Supply Co.

December 2, 2021

Research & Analytics

ISM: Manufacturing Grew in November

The overall economy grew again as the manufacturing PMI registered 61.1%, according to the Manufacturing ISM Report on Business.

December 2, 2021

Operations

Beacon Sells Off Solar Products

The roofing material and building products distributor completed a divestiture of its solar products business in a sale to BayWa r.e.

December 2, 2021

Operations

Southwire Acquires OBI

Southwire says the deal will serve as a “foundational element” for the development of digital services beyond utility at its company.

December 1, 2021

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