After a weak finish to 2023, the industry saw rebounds in monthly orders and shipments in the first two months of 2024.
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The cooperative has honored its top distributors and manufacturers for their achievements and contributions over the past year.
Motion continued to see sales growth and strong renewal rates with corporate account customers, which comprise about 45% of business.
The new branch in Olathe, MO is the distributor's 11th overall.
It marked the first time growth occurred over two straight months since March-April of 2023.
PTE Drives is a family-owned power transmission & bearings products distributor with a single location.
The accolade recognizes outstanding commitment to advancing the development and influence of women in the industrial supply channel.
The association’s annual John J. Buckley Award honors an individual in the MROP channel for their longstanding service in the industrial supply industry.
It comes just a week after the construction supplies distributor announced an acquisition in Oklahoma.
Adding five branches across Nebraska, Iowa and North Dakota, it's the fourth acquisition Beacon has announced in 2024.
Boeing will now distribute about 1,000 additional actuation and propulsion system products.
Snap One - a manufacturer and distributor of of smart-living products and services - will be integrated into Resideo's ADI Global Distribution unit.
It boosts the MROP supplies distributor’s Midwest footprint as its sixth acquisition in five years.
Local media cited financial troubles leading to buyer backing out of purchasing the hand tool maker's Bushnell, IL plant.
It’s already the seventh deal that the JanSan, foodservide disposables and industrial packaging supplies distributor has announced in 2024.
Though less than expected, the latest rise in the wholesale inflation gauge suggests Federal interest rate cuts could be further delayed.
The distributor frequently cited adverse weather in its 1Q report, while poor demand remains the core issue as pricing has stabilized.
AD’s E&I Business Unit united members across the electrical, industrial and safety, and bearings and power transmission divisions.
It's another posititive indicator for the U.S. industrial economy, following a strong PMI reading at the start of April.
Following a surge of enrollment in its first 2024 Emerging Leaders Channel Certification program, ISA has opened a second cohort for the year.
