Among other cuts, the company says it is reducing flights and closing 90 office locations after projecting major revenue shortfalls.
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The report assesses the manufacturing and distribution industries, with particular attention to Gen Z’s opinions about the future of the sector.
Your end customers have less time than ever to spend with manufacturer and distributor account managers. They’ve changed — have you?
The St. Louis-based company said fiscal 2022 second-quarter sales rose to $1.86 billion for the period ending July 31.
STERIS and General Electric veteran Bill Warren joins the automated inventory management solutions provider.
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Ken Jacobson, who served as interim CFO in 2017-18, takes over financial leadership for the electronics distribution giant.
Jackson, Michigan-based Alro Steel says it has entered into an agreement to acquire Essex, Maryland-based Access Metals.
Sellers can use the new service to store and distribute their inventory within Amazon's fulfillment network.
MDM reported more than two-dozen mergers and acquisitions during the month of August. Read about them all here.
The Salt Lake City-based company has promoted two of its former sales representatives.
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Sarah Bryne has joined the distributor marketing resource firm.
The company announced that Leigh Dobbs has been named chief human resources officer, effective Sept. 6.
The home improvement company also reported 2022 second-quarter earnings of $3 billion, in line with prior-year results.
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Our long-awaited annual rundown of the top distributors across 17 industrial, construction and commercial products sectors is available to view and download.
The electromagnetic components manufacturer said Ken May has been named corporate vice president and chief technology officer.
The association says it has hired ABB Optical Group and DHL executive Bart Tessel as chief innovation officer.
The home improvement company said its year-over-year second-quarter sales increased 6.5%, or $2.7 billion.
