It boosts the MROP supplies distributor’s Midwest footprint as its sixth acquisition in five years.
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Local media cited financial troubles leading to buyer backing out of purchasing the hand tool maker's Bushnell, IL plant.
Brad Stewart takes on the role after first joining the metalworking and MROP supplies distributor in 2020.
The MRO supplies distributor has a new U.S. President, Global Integrated Supply President and Chief Business Development Officer.
The distributor frequently cited adverse weather in its 1Q report, while poor demand remains the core issue as pricing has stabilized.
James Howe, previously EVP, CCO and CTO, was promoted to President of power transmission and MRO supplies distributor Motion.
For North Carolina-based Vallen, the move enhances its market presence in industrial MRO.
The company noted that while 2Q sales were disappointing, gross margin improvement stemmed from internal improvements.
It follows the news that the distributor is selling its wholesale hardware unit to House-Hassan.
Under the vendor agreement, Incredible will offer certain laser cleaning, engraving and welding systems from Laser Photonics.
Mars Supply President Bob Mars joins to discuss his company’s century milestone and what it’s taken to achieve it, what has changed in distribution in his 47 years there, and what hasn’t.
The shuttered multifamily property maintenance supply distributor's Phoenix DC contents are live for online bidding through March 21.
It enables the secure transmission of intellectual property to different locations, ensuring quality assurance and controlled distribution.
The private equity firm will add a 144-year-old manufacturer of precision tools, cutting tools and metrology systems to its portfolio.
Vallen partnered with manufacturers to provide a range of female-focused protective clothing and products to enhance safety for women.
For the second year in a row, MRO supplies distributor Kimball Midwest has been recognized for its development programs by Training Magazine.
Full-year operating and net profit jumped more than 40% vs. 2022.
Acquisitions drove nearly all of DSG's growth in 2023, which marked its first full calendar year since forming in early 2022.
Non-heavy manufacturing, non-residential construction and reseller end markets outperformed January.
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