Census Bureau: Privately‐owned housing units authorized by building permits were 9.1% above the revised November rate.
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The electrical distributor says Aram Marandyan has been named VP of sales, and Dan Pinshaw will succeed him as branch manager in Los Angeles.
The company says the recently closed Series A funding will help it expand AI-powered growth platform for distributors.
The new capital will be used to develop its e-commerce platform and software development for sales teams and technician staff.
The home appliance, HVAC and plumbing repair parts distributor made a deal to acquire the company from Ridgemont Equity Partners.
John Pehler, who joined the company Jan. 10, has been appointed chief digital officer after previous jobs at Grainger and Caterpillar.
An Associated Builders and Contractors analysis of Producer Price Index data shows prices increased over November.
The Producer Price Index for final demand increased 0.2% in December, the U.S. Bureau of Labor Statistics reported.
The St. Louis-based electrical, communications and data networking distributor said SVP and CFO Scott Clifford will retire in June.
The Tacoma, Washington-based MRO distributor says it has reached a deal to acquire supply firm JLM Industrial Supply.
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The middle-market private equity firm sold its majority interest in Rosboro Holdings, Inc. to One Equity Partners.
The Oklahoma-based distributor of metalworking and mission critical industrial products says it acquired the Ohio-based supply company.
Orders surpassed $650 million during the month, according to the latest U.S. Manufacturing Technology Orders Report.
The construction supply company says it completed a deal to acquire the Vermont-based supplier, which also serves New York and New Hampshire.
PTDA welcomed an industrial chain and manufacturing-solution company and a provider of torque limiters, shaft couplings and safety brakes.
The Cincinnati-based supplier of complete hardware solutions is building a 450,000-square-foot facility in the city of Shannon.
The global health care solutions company says it will acquire Apria for $37.50 in cash per share of common stock.
The seasonally adjusted Fastener Distributor Index of 56.2, was driven primarily by a lower employment index.
The industry added 22,000 net jobs in December, and the industry has recovered slightly more than 1 million of the jobs lost in 2020.
