The company anticipates the new facility will employ approximately 80 team members when complete and over time employ more than 150 people.
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The system integrates with the company’s proprietary warehouse picking processes to maximize productivity and reduce costs.
DSG, which just acquired Hisco, said the stock split demonstrates continued confidence in its long-term growth and financial performance.
The company said that fourth-quarter sales of $6.6 billion exceeded guidance and were up 2.9% year-over-year.
In a new episode, The Granite Group's Tracie Sponenberg and mental-health-at-work specialist Melissa Doman explore why mental health is now a critical business conversation.
The groundbreaking is expected to take place in the fall of 2023, with a grand opening expected in the spring of 2024.
Lumber deflation and a wet start to spring drove a dip in Home Depot's sales, just as it did in the first quarter.
The new distribution center will stock roofing, insulation, drywall, siding, as well as all the associated accessories for fast delivery.
Interos surveyed 750 companies with annual revenues above $500M from industries including energy, financial services, oil and gas, healthcare, government and aerospace.
With the grand opening of the new 650,000-square-foot central distribution center, Cooper was able to triple the Learning Lab training area.
The 2.25-million-square-foot warehouse is scheduled to open in 2025.
The change is part of Allied's strategy to 'transform from a products-based business in motion control to a solutions-oriented company.'
As a result of the consolidation, about 500 Republic Steel employees will be furloughed indefinitely.
The company says the acquisition expands its beverage packaging capabilities and strengthens its position in North America.
The distributor also announced a new leader for its Industrial Parts and Engineered Repair Services segments.
Net sales for the quarter were down 3% from 2022, while net income attributable to Masonite dropped 18%.
The new headquarters offers a wellness center, kitchen, coffee and luncheon area, and a game room — complete with a golf simulator.
The company reported that fiscal 4Q net sales were $1.2 Billion, up 9.1% YoY and up 8.6% on an organic basis.
AFC Industries has burst onto MDM's Top Industrial Distributors scene after several years of frequent acquisitions. We chat with CEO Kevin Godin about how the company has successfully managed all of its recent growth.
Fastenal has invested more than $300,000 in equipment and infrastructure to bale and consolidate used PE film for recycling by Trex.
