The distributor announced an upcoming two-for-one stock split, marking Fastenal's ninth split in its history and first since 2019.
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Watsco reported softer first-quarter results as it navigates a product transition driven by new regulations impacting over half its sales, but showed healthy margin performance.
Though comparable sales declined year-over-year, the gap narrowed sequentially as EBITDA margin had a considerable jump from 4Q.
While total sales growth decelerated for 3M's Safety & Industrial segment, they ticked up sequentially in organic growth.
The fasteners distributor launched a new resource hub to help customers and suppliers navigate changing tariff regulations.
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Manufacturers Alliance Resource Network expanded its representation of automation and control solutions across the Mid-Atlantic region with the agreement.
Lennox is expanding its distribution and training infrastructure in the Dallas-Fort Worth area with new facilities to support growth and enhance customer experience.
New England-based Siri Wire is a manufacturer and distributor of stainless steel wire products, used in applications such as filters screens and washers.
ABB announced plans to spin off its robotics division in its largest portfolio shift since 2018, aiming for a separately listed entity in 2Q26.
Snap-on reported a year-over-year sales decline in 1Q, with mixed performance across its business units and pressure from foreign currency impacts.
Ingersoll Rand acquired G&D Chillers and Advanced Gas Technologies to strengthen its chillers and gas generation offerings in North America.
Based in Florida, Capital distributes and services metal fabrication machinery for manufacturers across the Southeast and Midwest U.S.
Based in Illinois, IRMCO is a supplier of oil-free lubricants for metal forming and tube bending, serving the HVAC, construction and automotive industries.
Viking is a manufacturing and distributor of wood crates, cases, metal containers, corrugated packaging and dangerous solutions.
The addition of less-than-truckload service means suppliers who sell through Amazon's eCommerce platform have more inbound shipping options.
Lawless Group has named a new Chief Sales Officer to lead sales strategy and drive growth across markets as of April 1.
Fastenal posted its strongest monthly sales growth since early 2023, with March daily sales surging year-over-year despite margin 1Q margin pressure. See our full breakdown of the company's March and 1Q results.
