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Latest In Operations
DXP made four acquisitions during 2022 and ended the year by raising $105 million in borrowings to fund further growth.
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Changes also will include U.S. site expansions, site transformations into manufacturing centers of excellence and site consolidation.
The new facility adds nearly 20,000 square feet of warehouse and office space to IEWC’s footprint within Asia.
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The move would allow DSG to register one or more future offerings of up to $500 million of equity and debt securities of the company.
The contract includes a potential maximum of 41,500 stations, which can be ordered during the contracts period of performance.
The company has also launched a new cybersecurity consulting business line, addressing key challenges its customers face.
The 40.6-million-square-foot warehouse project could create more than 33,000 construction and operations jobs.
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Manufacturers’ and trade inventories for January 2023 were down 0.1% from December 2022 — but up 11.1% from January 2022.
The strategic location will carry a large inventory from Gray Tools and its Dynamic line, and a selection of Grip-on branded products.
Barsco is a distributor of refrigeration and HVAC equipment, parts and supplies throughout 12 locations in Texas.
This is the third time Stellar Industrial Supply has won the award; the company also was chosen in 2013 and 2016.
The company may add wheel-manufacturing capabilities, enhancing capacity for customers in Mexico and also the U.S. and Canada.
The 115,888-square-foot distribution center is expected to increase Acme Tools' online order processing capability.
The 12,500-square-foot facility located in the town of Monument will stock commercial and residential products.
The layoffs came as the overall U.S. economy gained 311,000 jobs in February.
Dorn Group’s James Dorn and Tom Gale recap some of the key themes from MDM’s recent Distribution M&A Summit and outline the most pertinent areas of improvement for EBITDA margin, growth and value.
