International Paper announced a major restructuring, including the sale of its Global Cellulose Fibers business and closures of several U.S. packaging facilities, as part of its ongoing transformation strategy.
Latest In Operations
New Process Steel is a manufacturer and distributor of metal products based in Houston, TX.
Based in St. Louis, ECI manufactures electrical distribution systems, control box assemblies and other engineered components to a range of industries.
The White House will eliminate one-third of requirements from future contracts that aren't mandated by law in an effort to "cut red tape."
It's just the latest building materials distribution megadeal and essentially is Lowe's answer to rival Home Depot buying SRS Distribution in 2024.
HD saw the strongest broad strength across its merchandising departments in over two years during 2Q, while average ticket and big ticket comps accelerated.
Airgas claims that the picketing union violated its collective bargaining agreement, while the union claims that Airgas deliberately released "harmful" gas upon union employees at two locations.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
Orise Distribution will add 5,000 square feet to its existing St. Louis facility as it grows its national medical supply network.
NSI’s HVAC segment includes brands Duro Dyne and Supco, offering components and accessories used by HVAC technicians and fabricators.
U.S. industrial production fell in July as mining and utilities declined, while factory output missed expectations with a flat month.
PFG rejected a takeover proposal from US Foods while reporting strong 4Q and full-year 2025 financial results driven by recent acquisitions and sales growth.
Orgill appointed a new CFO as the company continues to invest in growth and expand its distribution network.
GE Appliances announced a five-year investment to expand U.S. production, modernize facilities and grow its workforce across a handful of southern states.
Applied reported a solid end to fiscal 2025, with improved demand and a return to organic growth led by its Engineered Solutions segment.
QXO issued its first quarterly financial results since its $11 billion acquisition of Beacon at the end of April, with all key metrics topping analyst forecasts.
Superior Plus posted a slight uptick in 2Q sales but saw EBITDA and gross profit decline, as seasonal trends and a California supply disruption weighed on margins.
The employee feedback-based 2025 Top Workplaces list is out, which includes a ranked subset for distribution companies, segmented by size. Five are on MDM’s 2025 Top Distributors Lists.
Cardinal Health reported steady fourth-quarter results and a stronger profit outlook for 2026, while expanding its specialty care platform with the acquisition of Solaris Health.
ODP Corporation reported lower 2Q sales due to declines in its Office Depot and Business Solutions divisions, but noted improving trends and growth in new customer segments. Meanwhile, ODP gave an updated on its expansion into the hospitality sector.