Consumption also increased 4.1% year-over-year, rebounding from December's declines.
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The fast-growing distributor in the U.S. upper midwest said the 100,000-square-foot facility will enable it to better serve customers.
The Paris-based electrical products distribution giant detailed its U.S. network figures as of the end of 2023.
By order value, January was the lowest level since January 2021, while the unit count was its lowest since 2016.
WALTER said the addition helps its customers be more productive and confidently approach robotics and automation for their material removal process.
The funds support PT/MC industry employers to be more successful in their recruitment and retainment efforts.
The new location enables United to service both new and existing customers in the area and aligns with its five-year expansion strategy.
It marks AFC's first deal of 2024 after it made seven acquisitions in 2023.
In its second acquisition of the year, rigging distributor Ascent Lifting expands by 33 locations with the addition of CERTEX.
Full-year operating and net profit jumped more than 40% vs. 2022.
Acquisitions drove nearly all of DSG's growth in 2023, which marked its first full calendar year since forming in early 2022.
The latest Census Bureau figures indicate January was a weakened month for sales, both month-to-month and year-over-year.
Non-heavy manufacturing, non-residential construction and reseller end markets outperformed January.
4Q revenues for that segment dipped 1.4% year-over-year.
The figure was boosted by an additional billing day, but the month was still a considerable rebound when excluding that factor.
It was the third decline in the past four months, and much sharper than December’s.
The plumbing and HVACR distribution giant also updated its plans to ‘domicile’ its ultimate parent company in the U.S. to reflect operations and leadership.
Based in Orange, VA, HBS produces and distributes turkey structural building components from its distribution center in Bristow, VA.
The co-op and hardware distributor will create a combined entity serving DIY entrepreneurs, contractors and distributors in the U.S. Midwest.
It marks the OEM fasteners distributor's 12th acquisition since 2018 and the fifth since 2022.
