Despite the dockworkers' union saying work continues during labor talks, employers are highlighting disruptive actions slowing operations.
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L&W Supply is a subsidiary of ABC Supply, which ranked No. 2 on MDM's Top Distributors List for Building Materials/Construction.
The deal enhances capabilities to serve high growth, sustainable end markets including green steel, the company said.
The new jobs include minimum average yearly wages of $53,204, which is above the Lincoln County average of $49,332.
UNFI's net income decreased 89.6% to $7 million, the Providence, Rhode Island-based company said.
For its fiscal year ended Oct. 31, Hisco had sales in excess of $400 million and adjusted EBITDA of about $29 million.
MDM Executive Editor Mike Hockett will serve as a panelist on two of the Industrial Supply Association's ominchannel experience sessions.
Plans for the acquisition were first announced May 9.
Mentions of reshoring were substantially more common in 1Q earnings calls compared to a year earlier. What are the factors driving the hype?
Manufacturing and retailer associations have called on the White House to step in on the labor dispute between 22,000 dockworkers and their employers.
The sales decline was within expectations, according to Ferguson.
Net sales decreased 1.5% over last year, but increased 49.2% compared with the first quarter of fiscal 2021, the company said.
It was the distributor's weakest daily sales growth month since June 2021.
Operations at major West Coast container ports have been disrupted as dockworkers and port employers fail to reach a deal over wages.
Known as Wesco Aircraft until 2020, the company looks to right-size its debt amid reduced demand and ongoing litigation.
3M will make facility and equipment improvements to expand its biotech manufacturing capabilities, and add 60 employees in Europe.
Pay for S&P 500 company CEOs in 2022 rose just 0.9% to $14.8 million in median compensation, according to an AP study.
The National Association of Electrical Distributors awarded Schaedler Yesco Distribution's Marc Malvizzi a Lifetime Achievement Award.
Bearing and seal manufacturer SKF will consolidate its spherical roller bearing manufacturing by shifting production to Poland.
The location will immediately begin serving the community by providing a training site for the Moraine, Ohio, Fire Department.
