Mark Powell, Author at Modern Distribution Management

The wholly owned subsidiary of SBP Holdings acquired the provider of heavy-duty conveyor belt accessories and field services.

January 4, 2022

Operations

Motion Finalizes $1.3B Kaman Deal

GPC last month agreed to acquire Kaman Distribution Group under GPC’s wholly-owned subsidiary, Motion Industries, Inc.

January 4, 2022

Operations

Belt Power Acquires Accurate Industrial

The distributor and fabricator of lightweight conveyor system components acquired Accurate, whose owners will stay on board.

January 3, 2022

Operations

SupplyOne Acquires Romanow

The packaging supplier say it has reached a deal to acquire Romanow Container, a privately held manufacturer of corrugated products.

January 3, 2022

Economic Trends

Monthly Construction Spending Up 0.4%

November 2021 construction spending was estimated at $1,625.9 billion, a 0.4% increase over the revised October estimate.

January 3, 2022

Operations

Avnet Names New Group Leader

The global tech solutions provider has named Dayna Badhorn its regional president for Americas electronics components effective immediately.

January 3, 2022

Operations

Lawson Merging with TestEquity, Gexpro Services

The MRO distributor recently said it reached merger agreements to combine the two LKCM Headwater companies in an all-stock deal.

January 3, 2022

Featured Blog

December 2021 M&A Roundup: Genuine Parts’ Acquisition of Kaman Highlights Month

Ohio Transmission Corporation, an industrial equipment service distributor, acquired Diversified Pump, TP Pump and Critical Rental Solutions.

December 30, 2021

Operations

Crawford Unveils ‘Open-Concept’ Branch

Crawford Electric Supply, a Sonepar company, announced it is opening a new 12,000-square-foot location in Texas.

December 29, 2021

Economic Trends

Trade Deficit Rises, Exports Down in Nov.

The international trade deficit was $97.8 billion in November, while exports were down $3.3 billion, according to a Census Bureau report.

December 29, 2021

Operations

ABC Supply Acquires Siding Sales

The distributor of roofing, siding and other select exterior building products acquired the assets of Siding Sales Inc.

December 27, 2021

Operations

Envoy Solutions Acquires Valley Janitor

The Illinois company says it acquired Hamilton, Ohio-based Valley Janitor Supply Company, the seventh acquisition over the past few months.

December 27, 2021

Operations

GWS Tool Acquires Carbide

The Florida-based company says the deal will further strengthen its capability and capacity in for carbide round tooling in the Midwest.

December 27, 2021

Research & Analytics

CFNAI Dips in November

Led by slower growth in production-related indicators, the Chicago Fed National Activity Index decreased to +0.37.

December 27, 2021

Operations

MSC Fiscal 1Q Sales Up 9.9%

MSC Industrial Supply Co. reported fiscal 2022 first-quarter net sales of $848.5 million for the period ending Nov. 27.

December 27, 2021

Research & Analytics

Consumer Prices Rise 6.8%

The Consumer Price Index has seen its largest 12-month increase in nearly four decades, according to recently released federal data.

December 27, 2021

Technology

How Important are Cloud-Based Operations for Distributors?

The industry has changed the past two years, and embracing cloud-based operations can be vital for distributors in a volatile realm.

December 21, 2021

Operations

Amazon Hubs to Add 2,550 Jobs

The online retail and e-commerce giant says hubs in Austin and Phoenix will create jobs amid expansions taking place over the next few years.

December 21, 2021

Operations

Painters Supply Acquires Specialty Coatings

The company made a deal with the distributor of paints, coatings, and supplies for industrial, architectural and other applications.

December 21, 2021

Operations

Sonoco Acquiring Ball Metalpack for $1.35B

Sustainable global packaging company says it reached a deal to acquire a leading manufacturer of for food and household products.

December 21, 2021

Posts By Mark Powell

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