During the month, MDM reported on 43 mergers and acquisitions among distributors and manufacturers, the second most in any month this year.
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Graybar's net sales were a 3Q record, but growth is down from the numbers recorded in the first and second quarter of 2023.
GM followed suit days after the autoworkers union reached a deal with Ford and Stellantis.
The company reported double-digit organic sales growth in commercial aviation, defense and space and process solutions.
The deal further boosts their geosynthetics offerings, two months after the opening of a new Southern California facility.
The bearings maker said it's eyeing the sale of non-core Aerospace product lines, which include seals, rings and PEDs.
Year-over-year sales declines continued at the toolmaker, but gross margin and operating margins improved substantially.
While the tentative deal ends Ford-related strikes, thousands of UAW members remain on strike at at General Motors and Stellantis.
Net sales for the first quarter of the company's fiscal year were $1.1 billion, an increase of 3.1% over the prior year.
While total sales growth continued to slow from earlier in the year, it still far outperformed the MRO market.
Four manufacturing companies will merge to create a single-source provider of full-service manufacturing and fabrication solutions.
DSG's new facility in Butte, Montana, will serve as a central distribution point for the distributor's other locations in the state.
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Earlier this week, the 40-day strike expanded to a General Motors plant in Texas, where 5,000 workers walked out.
While MSC's June-August quarter ended with strong daily sales growth, it flattened to low-single digits in September and October.
3Q Industrial & Safety sales fell nearly 5% year-over-year amid mixed end-market demand and distributors right-sizing inventory levels.
The surprise walkout comes days after UAW President highlighted the "shortcomings" of Stellantis’ current offer.
Amid the contract shift between employees and employers, Dirk Beveridge explains how today's HR departments can bridge the gap between people and purpose.
The 126,000-square-foot facility has a strategic location with convenient access from 45th Street in Fargo and 9th Street in West Fargo, North Dakota.
It’s just the latest honor the MRO distributor has garnered during its centennial year of operation.
