Pricing still did most of the heavy lifting for sales growth, but the volume movement is a positive demand sign for the broader metalworking and MRO supplies market. Get the key figures here.
Latest In News
U.S. construction spending edged higher in May, helped by continued public sector gains and residential improvement. Private nonresidential spending, however, declined for an eighth straight month. Get all the key data and charts here.
The economic indicator was expected to hold or modestly tick down, as indices for new orders and production both declined month-over-month.
Do it Best Group is relocating True Value’s headquarters from Chicago to Fort Wayne, IN, bringing the retail-owned hardware chain’s corporate base to the home of its new parent company.
The deal expands IDI’s spray foam and polyurea capabilities in the Midwest, following its acquisition of Design North Supply one day earlier.
MDM won't deploy an Update newsletter on Friday amid the Fourth of July holiday in the U.S., so it'll be back on Monday.
QXO officially closed on its acquisition of TopBuild, adding insulation distribution and installation scale to its fast-growing building products platform and positioning the company near the top of MDM’s Building Materials/Construction Top Distributors List.
The deal adds repair and maintenance management technology to Parts Town’s OEM foodservice parts distribution platform.
Expected to add about $200 in annual revenue, Flowserve said the Trillium Valves deal strengthens its position in nuclear and power generation markets while expanding its valve, actuation and aftermarket capabilities.
Homebuilding AI company Higharc raised $95 million in Series C funding and named US LBM as the first partner for its new AI Estimating product for building materials distributors.
NetPlus Alliance’s latest Industry Outlook showed a strong start to 2026 among its distributor members, with most reporting year-over-year sales gains and more than three-quarters expecting full-year sales growth.
The deal gives Insulation Distributors. Inc. a formal presence across Montana, Alaska and the broader Northwest, adding a spray foam and polyurea distributor with locations in Billings, MT and Anchorage, AK.
The figures suggest goods continued accumulating across distribution channels, albeit at a slower pace than April, and we'll find out if sales kept pace when the government's full wholesale trade report publishes July 8.
The new top leadership appointment is effective July 13, as Founder Brian Price transitions to Board Chairman
QXO’s acquisition of TopBuild cleared a major hurdle with shareholder approval from both companies. The transaction is expected to close July 1, positioning QXO as one of North America’s largest publicly traded building products distributors.
The fasteners association elected four new executive directors as well as four other board members.
The fastener manufacturer and distributor said the nearby move supports more efficient operations, improved logistics and future growth, while maintaining continuity for customers and partners.
HARDI, PHCC and ACCA filed a legal challenge to portions of EPA’s Technology Transitions Reconsideration Rule, arguing that delayed commercial refrigeration transition deadlines will strain HFC supply and raise costs across HVACR markets.
Danfoss said the deal would strengthen its Fluid Conveyance business within Danfoss Power Solutions and create a global leader in hydraulic and industrial hose manufacturing and distribution.
The U.S. economy grew faster in early 2026 than previously reported, but the upward revision was driven mostly by a lower imports estimate while consumer spending and key distributor-facing sectors softened.
