GPC’s 2024 results show overall sales growth driven by acquisitions and favorable currency impacts, while its industrial parts subsidiary, Motion, continues to face sales declines.
Latest In Facilities Maintenance (MRO)
AFC Industries opened a new facility in Mexico to enhance its supply chain solutions and strengthen its presence in the country’s industrial corridor.
Two industry veterans join R.S. Hughes to strengthen its supply chain and marketing strategy.
California-based Thompson Industrial Supply is a distributor of bearings, gear reducers, motors, hydraulics and more, catering to large and small businesses.
Founder of Fastenal and former Minnesota State Senator Bob Kierlon spearheaded the company’s growth and contributed to community development and philanthropy.
San Diego, CA-based Airsupply Jeyco, now known as Airsupply Tools, offers tool kitting, specialty tool distribution, laser etching and more.
However, orders ended the year with strong momentum.
Anesa Chaibi, a veteran executive with experience in MRO distribution, was tapped for Global Industrial's top post.
Weather was a considerable headwind during January, but daily sales growth increased following a recent lowpoint in December. See our full breakdown of the monthly figures.
It gains ORS a specialized master wholesaler with three U.S. distribution centers.
The company continued to see organic growth that outpaced market averages, ending the year with strong margin gains.
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Honolulu-based Maguire Bearing is an industrial distributor with a range of repair products, including bearings, couplings and more.
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Rithum is a Georgia-based global commerce solutions provider that enables retailers and suppliers to deliver third-party commerce experiences.
The company ended the year with its worst daily sales growth month since mid-pandemic, though quarterly growth still accelerated. See our thorough breakdown of Fastenal's full year, fourth quarter and December results.
During his time as CEO, he led the distributor's growth to over 15,000 employees and more than $4 billion in annual revenue.
Lubbock, TX-based M.B. McKee is a distributor of mechanical bearings, belts, chain, conveyor system/components and more.
Two product procurement firms allegedly conspired to rig bids on awards for Department of Defense MRO contracts, resulting in the U.S. being overcharged for products it purchased.
Irwin Industrial is a Canada-based distributor of electronic components, hardware and fasteners along with VMI and other services.
