Consumer prices rose 0.4% in August as gasoline costs rebounded. Annual inflation held at 3.4%, matching expectations, while the monthly core reading came in slightly hotter than forecast. Get our breakdown of the figures and analysis.
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The announcement comes only a year after Crescent appointed President and CEO Penny Cotner as its top leader.
The PPI rose 0.4% in August, matching market expectations, as surging diesel prices drove a sharp rebound in goods costs. Get our breakdown and updated PPI charting here.
Keith Rozolis will retire at year-end after leading ABC Supply since 2014. Get the details on who will take the leadership reins at the market-leading building materials distributor.
The company said the split is still on track for completing during 1Q27, preceded by separate investor days for both GPC and Motion in early December.
The waterworks infrastructure distributor returned to year-over-year sales growth as municipal demand, fire protection and large capital projects supported its fiscal second-quarter results.
The deal adds residential framing services, manufactured trusses, doors, millwork and other building materials serving homebuilder customers across several Florida markets.
MSC Industrial Supply named longtime finance executive Rob Kuhns as its permanent CFO, completing its latest C-suite transition as the distributor’s sales and profitability accelerate.
The deal adds approximately $115 million in annual revenue and expands Franklin Electric’s commercial and industrial flow control portfolio into high-pressure pumps and aftermarket products.
Winsupply returns as a 2026-2027 season partner after doing so in 2024 to its home state NFL team, with the deal including stadium branding, customer engagement opportunities and the company’s involvement in recent renovations at Paycor Stadium.
The newly unified manufacturer and distributor combines Reliable Automatic Sprinkler’s fire-protection portfolio with ASC Engineered Solutions’ pipe-joining, flow-control and structural-support products.
Daily sales growth again topped street expectations and the company's own signalled guidance as both major manufacturing end markets and all three geographies accelerated. Get our full breakdown of the company's August sales report.
Transportation equipment and primary metals led the broader July increase. See our breakdown of how orders changed MoM and YoY by product category.
Makita Industrial Tools began operations Sept. 1 following the completed transfer of Panasonic Electric Works’ power tools business, expanding Makita deeper into factory fastening equipment and industrial IoT solutions.
Indiana-based Pegasus adds industrial and electronic connection products and value-added assembly capabilities to Midland Industries, which has a new CEO as of August.
Three more distributors have been identified as alleged co-conspirators in the sprawling PVC pipe antitrust litigation, doubling the distributor list since MDM’s initial coverage. Meanwhile, settlements involving manufacturers and a pricing data provider have climbed above $415 million.
We're off Monday for Labor Day, and we hope you are too. Our Update newsletter will be back in action Tuesday morning.
NetPlus Alliance’s latest Industry Outlook showed continued momentum among its distributor members through the first half of 2026, with 84% now expecting full-year sales growth of at least 3%.
The deal adds rotating equipment sales, service and repair capabilities in Oklahoma and Arkansas as OTC continues building out its national service network.
The master distributor’s new U.S. eCommerce experience spans Star Stainless, Stelfast and Lindstrom Fasteners, adding another customer channel after an active period of leadership changes and expansion.
