Deal will go into effect immediately.

The acquisition is not expected to impact the company’s fiscal 2019 consolidated financial performance.  

Parent company Advantage Business Marketing ceases operations.

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The mechanical insulation distributor is buying the metal building insulation laminator and distributor from Knauf Insulation

10 companies at the forefront of e-commerce and technology innovation.

About seven years ago, Hisco, a leading specialty distributor based in Houston, set out to better understand the company’s profit drivers through a data-based analysis. Developing a successful system has taken years of cultural change and realigning team members’ thought processes around what makes a profitable customer, but the real driver, says President & CEO Bob Dill, continues to be turning the data used to anchor the initiative into real action. Hisco’s relentless pursuit of actionable data makes the nearly 50-year-old employee-owned institution one of MDM’s 2019 Digital Innovator Award winners.

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The average distributor sees just 25% or less in profit realization.

Cutting off underperforming customers can cause a lot of trouble for distributors.

In the world of digital, many distributors don’t know where to start. That’s the consensus among several speakers at MDM’s upcoming 2019 Digital Distributor Summit. Over the course of June 18-20, nearly a dozen distribution veterans will provide attendees with specific knowledge on how to figure out where their company stands now with digital technology application, develop the most essential foundational components for a successful program and find the right strategy to shape their future.

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