We're off Monday in observance of Presidents' Day in the U.S., so Update will be back in action Tuesday morning.
Latest In News
The Association for Manufacturing Technology said December’s figures outpoerformed “even the best of expectations.”
The year started with a slight deceleration in industrial production following a flat December.
North American full-year sales reached nearly $8.9 billion for a 4.0% annual gain. See our in-depth breakdown of Rexel's financials.
Overall 4Q and full year profit spiked on a deferred tax benefit, while sales continued low single-digit annual growth.
Boosting Henkel's MRO offerings, Houston-based Seal for Life has about 650 employees and generated $269 million in 2023 revenue.
Meanwhile, gross margin at Resideo's manufacturing business unit saw solid improvement during 4Q23.
Though it repeated December’s monthly figure, the overall CPI topped economics’ expectations.
While 4Q volume fell in certain verticals, Wesco said it saw growth in industrial, utility, data center and network infrastructure.
It further expands DXP’s offering and capabilities in the water and wastewater markets.
Whitco has about 30 employees across eight locations in Louisiana, Texas, New Mexico, Ohio and Pennsylvania.
A report from A3 shows that annual 2023 sales were near equal for automotive and non-automotive industries.
Full-year 2023 total sales were $4.73 billion, up 5.3% from 2022.
Wholesale reveneus likewise ended the year on a monthly uptick.
AD owner/members total sales increased 5% in 2023 vs. 2022.
The results showed a continued slide in year-over-year and sequential sales growth that reflected an industry-wide demand slowdown.
The Senate bill requests $60.1 billion for Ukraine aid, $14.1 billion for Israel and $20.2 billion to improve security at the U.S. border.
The company saw a sharp deceleration in daily sales, hampered by weather impacts during the month.
Presented at NAW’s Executive Summit, the accolade recognizes the efforts of wholesaler-distributors and individual efforts to benefit the industry and those within it.
It grows Singer's footprint to 100+ locations and over 1,400 employees while boosting its on-site hose repair presence.
