After a strong fiscal 2022, DXP is off to a fast start in 2023.
Latest In Facilities Maintenance (MRO)
Joe Limbaugh has been with Motion for nearly 40 years while James Howe recently celebrated 30 years with the MRO parts distributor.
Through the deal, Stellar gains a new regional distribution hub in Salt Lake City.
The company's year-over-year daily sales growth accelerated after several months of decline, powered by sales to manufacturing customers.
The industrial distributor's fiscal 3Q sales grew 5% year-over-year.
After a strong finish to 2022, Grainger maintained that momentum in 2023’s first quarter, according to its latest earnings report.
ISA has launched a new certification program aimed at developing "the next generation to lead."
Cummings takes over as CFO after Motion's previous CFO, Greg Cook, moved to Genuine Parts Company's U.S. Automotive Group.
DXP's 38.6% year-over-year sales growth in 4Q followed 33.8% growth in 3Q.
MSC has agreed to be the exclusive eCommerce distributor for digital software platform MachiningCloud.
The acquisition is BlackHawk's 16th since it was privately acquired in September 2018.
It combines the No. 34 and No. 38 companies on MDM’s 2022 Top Industrial Distributors List. Mike Hockett dives into the details.
The added space will help Motion meet growing customer needs while adding future opportunities across its automation and robotic platforms.
Double-digit year-over-year sales and profit gains continued for the distributor, for which eCommerce comprised 62% of quarterly sales.
DSG will pay $269 million at closing for Hisco, which was No. 39 on MDM's 2022 Top Industrial Distributors list.
That included $430 million in revenue from Lawson Products, up 15.6% vs. 2021.
Fourth quarter revenue in Wajax's Industrial Parts segment rose 26.9% year-over-year.
It was a deceleration from January's 11.2% growth, but another solid month nonetheless.
Hospeco said the deal complements its already-robust wipes offering and expands the manufacturer’s North American footprint in that market.
The MRO distributor was one of 105 recipients of a Training Magazine award.