It marks the OEM fasteners distributor's 12th acquisition since 2018 and the fifth since 2022.
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Electrical supplies distributor Border States creates mechanical, electrical and plumbing engineering services unit.
The company’s biennial Grainger Show customer event perfectly demonstrated how the distributor is hyper-focused on customer solutions — just one of which is its expansive product assortment.
Both are distributors of commercial entry solutions and systems integration services.
In its fifth acquisition of the year, Imperial Dade has added paper and JanSan distributor Brawner Paper Company in the greater Houston area.
Graybar expands its presence in southern Colorado with the addition of Colorado Springs-based electrical distributor Blazer Electric Supply.
The distributor saw healthy 4Q organic growth, too, with comparable sales up 5.1% excluding GIC's May 2023 acqusition of Indoff.
Though it trailed the volume of January and December, the month included several distribution transactions valued at $100 million or more.
Wisconsin-based Jorgenson Conveyor and Filtration Solutions will join Innovance's lineup of industrial machine manufacturers.
With the addition of Carlstar, Titan diversifies its wheel and tire portfolio and expands its manufacturing and distribution footprint.
Los Angeles-based Progressive had 2023 annual sales of more than $400 million.
The specialty building products distributor saw gross margin improve 40 bps year-over-year, though EBITDA fell by a larger margin.
As distribution increasingly becomes the focus of state regulation and legislation, HARDI expands its advocacy efforts into state affairs.
The addition of Fort Worth, TX-based ePicker will boost Big Lift's lithium-powered material handling and forklift offering.
As part of its expansion plans in California, building materials supplier 84 Lumber acquire West Coast Lumber's production yard business.
Jim Thivierge will oversee NSI Industries' Building Technology Division unit operations in California, Ohio and Pennsylvania.
Acquisitions and greenfields powered strong volume growth, and the distributor bolted-on its second company in 2024.
A pull-back in DIY spending, flat Pro customer sales and unfavorable January winter weather impacted Lowe's comparable sales numbers.
Thirty-three major work stoppages began in 2023, the most since 2000 when there were 39, according to the U.S. Bureau of Labor Statistics.
The company agreed to 19 acquisitions during 2023, respresenting a total investment of $593 million.