AD Member Sales Decline 6% in First Half of 2020
Buying group AD, however, grew its rebate distributions 1% despite the softness of the market due to the COVID-19 pandemic.
Read These First
Motion Industries Acquires Two Companies
Motion Industries, a subsidiary of Genuine Parts Co., announced Monday it has acquired Canada-based TRC Hydraulics and California-based F&L Industrial Solutions.
Latest
Operations
AD Member Sales Decline 6% in First Half of 2020
Buying group AD, however, grew its rebate distributions 1% despite the softness of the market due to the COVID-19 pandemic.
Operations
Motion Industries Acquires Two Companies
Motion Industries, a subsidiary of Genuine Parts Co., announced Monday it has acquired Canada-based TRC Hydraulics and California-based F&L Industrial Solutions.
Sales & Marketing
How to Transform Your Business During a Pandemic: MDM’s Top Blogs of July
Bloggers answer distributor questions on how to manage COVID-19-induced business changes.
Operations
Heritage Landscape Acquires Stone Center of Indiana
Heritage Landscape Supply Group, a subsidiary of SRS Distribution, adds Stone Center’s two locations to its portfolio.
Operations
Lawson Products Reports Second Quarter Results
CEO Michael DeCata reports the company is positioned for solid future growth, including acquisitions.
Operations
Amazon Sees Net Sales Increase 40% in ‘Highly Unusual Quarter’
The company’s second quarter financial results report $5.2 billion in net income.
Economic Trends
IRCG Weekly Pandemic Revenue Index Shows 7.6% Decrease
IRCG's weekly comparison of distribution business to previous year's data reflects 'unnerving sense of stability.'
Operations
PTDA Adds 6 New Members
The Power Transmission Distributors Association on July 30 announced the association for the industrial power transmission/motion control distribution channel has welcomed six new member companies.
mergers and acquisitions
July M&A Roundup: Volume Holds Steady for Second Month
Though not where it should be in a typical July, distribution M&A activity reached double-digit transactions for a second straight month. Our M&A Roundup recaps deals from LINC Systems, Core & Main, SRS Distribution and more.
Research & Analytics
Tracking COVID-19’s Destructive Path
The severity of the coronavirus crisis has exceeded that of the Great Recession more than 10 years ago, and while distributors haven’t been spared the impact of COVID-19, the industry is faring better than most.
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