The Consumer Price Index for All Urban Consumers rose 0.1% in March, down from a 0.4% increase in February.
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MSC has agreed to be the exclusive eCommerce distributor for digital software platform MachiningCloud.
PTDA will host member power transmission/motion control distributors and manufacturers in Ottawa, Canada.
OXARC is Meritus's second acquisition of 2023 after the distributor holding company made three additions to its portfolio in 2022.
Palmer-Donavin, which primarily serves the Midwest region, is expanding into the southeastern U.S. with its acquisition of Diamond Hill.
According to the Labor Department's preliminary jobs report, 11,800 warehouse and storage jobs were lost between February and March.
The acquisition adds 32 locations to FBM's footprint.
The acquisition is BlackHawk's 16th since it was privately acquired in September 2018.
Swift Electrical Supply shared that inside sales representative Edward “Eddie” Bradow passed away on April 7.
Auburndale is the third truss facility in Florida for US LBM’s Raymond Building Supply division.
On a year-over-year basis, industry employment has grown by 196,000 jobs, an increase of 2.5%, according to a recent report.
The award was created by NFDA to honor individuals and companies that make a substantial positive impact on people’s lives.
It is the second consecutive year the company received the recognition, according to a news release announcing the honor.
The acquisition supports Victaulic’s growth in the infrastructure and waterworks markets.
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.