We're off Friday for Veterans Day. Our Update newsletter will be back in action Monday morning.
Latest In News
In an effort to strengthen supply chain reliability, the U.S. Department of Transportation has awarded grants to fund 41 port projects.Â
With a single location and nine employees, Alliance serves customers in chemical, water/wastewater, municipal and general industrial markets.
The new offering lets customers split the total cost of eligible purchases and pay over time with without late or hidden fees.
PTDA named Chris Bursack as the 32nd recipient of its Warren Pike Award for lifetime achievement in the PT/MC industry.
The distributor's $269 million acquistion of Hisco this spring figures to drive big year-over-year gains through the first half of 2024.
WESCO saw year-over-year growth in its CSS and UBS units, while its largest unit — EES — declined.
AD noted that 80 new companies joined the group in the year’s first nine months, half of which came via acquisitions by existing members.
Midway brands itself as the Mid-Atlantic's largest independent distributor of power transmission products and industrial supplies.
The bearings maker said it's eyeing the sale of non-core Aerospace product lines, which include seals, rings and PEDs.
Year-over-year sales declines continued at the toolmaker, but gross margin and operating margins improved substantially.
MDM's Spencer Gale highlights the significant presence of emerging leaders and the strong sense of community at ISA's Fall Summit.
It dwarfs the 2.1% growth seen in 2023's second quarter.
While total sales growth continued to slow from earlier in the year, it still far outperformed the MRO market.
While MSC's June-August quarter ended with strong daily sales growth, it flattened to low-single digits in September and October.
3Q Industrial & Safety sales fell nearly 5% year-over-year amid mixed end-market demand and distributors right-sizing inventory levels.
Violations included employing one child to operate a forklift — a hazardous occupation for workers under 18 — and tasking another child to pick orders in the warehouse.
The group hosted 650 distributor and supplier attendees from nearly 310 companies at its 10th Annual Meeting in Denver.
Engine Capital reportedly said the PVF distributor could net $14 to $18 per share in a sale as a premium to its current stock price.
Industrial distributor Vallen was recognized for its "groundbreaking" ESG program, dedicated to building a diverse and inclusive culture.
