Though weak, it topped economists' expectations.
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Martina Schubert brings over 25 years of IT, leadership, enterprise system, business intelligence and cybersecurity experience to the role.
The company also acquired a Canada-based JanSan distributor earlier in June.
PMA said its members report a general sense of uncertainty over industrial demand, the election outcome, and whether tariffs will increase.
The aerospace and defense supplies distribution group has added Aerospace Products International and HB Aerospace.
It marks the 17th branch location for Mobile, AL-based TFI.
The two companies had combined revenue of just over $20 million in 2023 and have 58 employees.
Upon purchase of UPS' freight brokerage operation, RXO will become one of the largest providers of brokered transportation in North America.
Effective July 1, Michael Wilbur will succeed Kevin Gammonley, who will retire after more than 10 years leading NAFCD.
The National Fastener Distributors Association taps Martin's Scott McDaniel as President and Ed Smith of Wurth Revcar as Vice President.
Former Xerox veteran Mike Oren will lead a sales team of about 95 professionals at Dematic's Grand Rapids, MI Americas headquarters.
If you're a member of a family-owned distributor, consider taking a brief survey that examines trends and business priorities.
As Ameripipe’s ninth U.S. location, the branch will provide fire protection contractors in Miami with Victualic products and fabricated pipe.
Ebbert has experience representing manufacturers in the STAFDA, industrial and heavy construction markets.
They include the B2B marketplace’s App Center, a bulk order quote feature and more.
Two company veterans now serve as President and CFO of the Houston-based industrial rubber and fluid power supplies distributor.
The distributor saw sequential improvement in 4Q as volume growth across major product lines was partially offset by steel price deflation.
The company says the deal allows it to better serve the “complex purchase occasion” and establishes it as a leading specialty trade distributor across multiple vehicles.
It far surpassed economists’ expectations and followed two straight flat months.
MDM won't deploy an Update newsletter on Wednesday while we're off for the Juneteenth Federal holiday. We'll be back in action Thursday.
