City Electric Supply Company has opened its 17th store in Houston and 41st overall in the state.
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The private equity firm says it has reached a deal to acquire the largest manufacturer of exterior building products in North America.
NSI announced it has acquired Metallics, a Connecticut-based manufacturer and supplier of fasteners and related supplies.
Exports were $224.4 billion, $3.9 billion less than December exports. Imports were $314.1 billion, $3.8 billion more than December imports.
Rexel USA says Brad Paulsen will succeed Jeff Baker, who is retiring after 15 years but will remain on the company’s board of directors.
MDM this year has hosted an array of guests from across the distribution industry, and many of them have reflected similar outlooks: Challenges may persist, but companies are eyeing realistic paths to growth.
The Fastener Distributor Index recovered in February to 56.0, rebounding after January’s seasonal-adjustment-driven downtick.
The Ohio-based industrial supplier has named Gautham Jayaraman its chief information officer and senior director of business intelligence.
Solve Industrial Motion Group is expanding its executive leadership team by adding Jim Taylor as chief information officer.
The MRO Distributor has promoted Jon Tart to vice president of the company’s Southeast Group.
The company reported nearly $531 million in net sales last month, compared to $437.7 million in February 2021.
The electrical and industrial distributor topped its market in 11 countries and registered roughly a million order lines per day.
DXP Enterprises, Inc. says it has completed acquisitions of Drydon Equipment, Inc. and Burlingame Engineers.
The London-based water treatment and sustainability provider says it reached a deal to acquire the provider of commercial icemakers.
SaaS provider Descartes Systems Group reported fiscal-year total revenues of $424.7 million, above prior-year revenues of $348.7 million.
Members report another strong month compared to the same period in 2021, but most respondents say sales were down from December.
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The Wyoming-based company is expected to operate within Dakota Fluid Power, the fluid power/automation platform for SBP Holdings.
The distributor also reported that 2021 year-end net sales increased 18.4% to $937.8 million, compared to $792.3 million in 2020.
The manufacturer of engineered and applied products reported 4Q and 2021 sales increased by 11.1% and 11.3%, respectively.
