With the addition of Southwest Fastener in 2023 and now Unicoa, NEFCO is one of the largest local construction supply distributors in Phoenix.
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Mike Hockett and Craig Webb break down the key details of the combination, why it makes sense for Home Depot and why this was likely the long-term play for SRS all along.
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The distributor has added United Roofing Supply Katy, TX and All Canadian Building Products in Surrey, BC.
It follows the news that the distributor is selling its wholesale hardware unit to House-Hassan.
The acquisition doubles the number of House-Hasson's distribution centers and grows its hardware inventory.
Terry Rosser takes the company's new CSO role after serving in supply chain roles at Uber Freight and Walmart.
Building Products distributor Cameron Ashley has added 28 greenfield locations and five acquisitions in the past 5 years.
By the end of 2024, The Home Depot expects to have 17 of its top pro markets equipped with new capabilities for pros.
Non-heavy manufacturing, non-residential construction and reseller end markets outperformed January.
The co-op and hardware distributor will create a combined entity serving DIY entrepreneurs, contractors and distributors in the U.S. Midwest.
A pull-back in DIY spending, flat Pro customer sales and unfavorable January winter weather impacted Lowe's comparable sales numbers.
CEO Ted Decker noted that 2023 was "a year of moderation" for the DIY and contractor supply retail giant.
Following his three-part article series, we had John Gunderson on the podcast for a deeper dive into Fastenal’s move from a company dependent on a nationwide branch network to one that emphasizes embedded customer service.
The company saw a sharp deceleration in daily sales, hampered by weather impacts during the month.
The figures reflected a broader industrial supply demand slowdown, though Grainger's 4Q growth deceleration was less than most public firms that have reported so far. Get our full breakdown here.
SBD's Tools & Outdoor segment drove the overall margin improvement, as Industrial dipped slightly.
Fourth quarter sales, profits and margins all edged up from a year earlier, and December daily sales topped November's. Get our in-depth breakdown here.
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The construction industry data firm’s data showed that nonresidential starts led the decline, sinking 29% from October.
