The industrial hose, hydraulics and fluid sealing products distributor opened a Nevada DC to support faster service and expanded product availability across the Western U.S.
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Elektrik said the investment will help scale its procurement platform for medium-voltage electrical infrastructure components.
The two producers said their all-stock merger will create OlinHuntsman, a North American chemicals company with about $12.5 billion in annual revenue.
The California-based safety products distributor is investing $1.7 million in a new Missouri facility that will create 21 jobs.
It signals continued languishing market conditions, as April's decline was likewise revised sharply downward. May's figure was its lowest since the height of COVID-19 lockdowns.
The deal marks RNDC’s latest divestment following its May sale of 11 geographic markets to Reyes Beverage Group and a recent stretch of leadership and financing changes.
The acquisition launches Rox Capital Partners’ industrial fastener platform, with plans to grow the Dallas-based manufacturer and distributor through organic initiatives and strategic acquisitions.
Overall industrial output decelerated considerably month-over-month as solid durable goods production was negated by an equal nondurable decline.
The hybrid packaging products distributor expanded footprint in the Northeast U.S. and EMEA footprints with acquisitions of O. Berk Company and BlueSky.
Capital Electric has opened a new 258,000-square-foot distribution center in Charlotte, adding inventory capacity, logistics capabilities and up to 100 jobs as it expands across the Carolinas.
A fire that erupted June 11 at Medline Industries’ 1 million-square-foot distribution center in Tracy, CA completely engulfed the facility, with firefighting efforts expected to continue for several days. No injuries were reported and all employees were accounted for.
Core wholesale inflation came in below forecasts, indicating that fuel costs tied to the ongoing Iran war conflict are causing most of the inflation burden.
FDH Aero said the new investment from Bain Capital will support global expansion, organic growth and strategic acquisitions.
The deal expands Snap-on's diagnostics, repair information and digital solutions capabilities in heavy-duty and equipment markets.
The water infrastructure products distributor reaffirmed its fiscal 2026 outlook after 1Q net income climbed nearly 8% despite flat year-over-year sales.
Amazon’s latest ASCS expansion gives businesses access to LTL freight for shipments to warehouses, distribution centers and retail partners — further positioning Amazon as a full-service logistics provider.
Surging energy prices continue to skew top-line CPI results, while core inflation trailed market expectations and decelerated month-over-month. Get the key numbers and charts here.
Sales continue to outpace inventories as petroleum products saw another considerable monthly gain tied to the Iran war conflict, but to a much lesser degree than March. Here, view product vertical-specific figures for monthly and year-over-year sales, inventories and inventory/sales ratios pulled from the Census Bureau's latest wholesale trade report.
The tuck-in deal expands ABC Supply Interiors’ Milwaukee-area presence and adds its eighth Wisconsin location for that business unit formerly known as L&W Supply.
Platte River's investment in Tallman adds a distributor of lineman tools, utility equipment and services to the firm’s industrial portfolio.
