The acquisition supports Victaulic’s growth in the infrastructure and waterworks markets.
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It followed a 2.1% decrease in January.
The consolidation of operations is expected to save FedEx $4 billion.
The added space will help Motion meet growing customer needs while adding future opportunities across its automation and robotic platforms.
nVent has entered into an agreement to acquire ECM Investors, the parent company of ECM Industries.
Chris Bateman, CEO of Industrial Supply Company, Inc. was given special recognition during the ceremony, which was held in Tampa, Florida.
The rebrand comes nearly a year after Woodgrain's acquisition of Huttig.
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The acquisition is Jon-Don's first in 2023.
The acquisition is NEFCO's eighth since 2017.
The sales growth for the 12 months through February 2023 is 16.1% percent, according to a HARDI news release.
Singer Industrial, formerly SBP Holdings, made its first acquisition of 2023 after making several bolt-ons in 2022.
Beacon has now made four acquisitions in 2023.
Thief River Falls, Minnesota Mayor Brian Holmer proclaimed April 3, 2023 as 'Digi-Key Day in the city of Thief River Falls.'
Distributors have consistently voiced market optimism in recent months, but one of the leading economic indicators is cause for concern.
Huntsville, Alabama-based Madison Lumber specializes in mouldings, boards and pattern stock.
UNFI continues to expand its portfolio of facilities in Pennsylvania to accommodate its growing customer base in the Mid-Atlantic region.
Republic Electric is a distributor of HVAC and electrical equipment and related components.
For the 2023 academic year, 14 returning schools and 41 new schools from 22 states are expected to participate in the program.
Distributors remain confident after a strong 2022 despite signs the economy may be slowing in 2023.
DSG will pay $269 million at closing for Hisco, which was No. 39 on MDM's 2022 Top Industrial Distributors list.
