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.
Latest In Facilities Maintenance (MRO)
Irwin Industrial is a Canada-based distributor of electronic components, hardware and fasteners along with VMI and other services.
Fastenal announced that its CFO is resigning, with no issues related to the company’s operations or financial reporting.
The figures showed a decline in sales driven by lower volumes, partially offset by acquisition benefits and a stronger than expected November.
Sonepar sold Vallen Asia to the latter's leadership team in a management buyout, marking the company’s deconsolidation from Sonepar.
The distributor bought a massive facility adjacent to its current Minooka, IL distribution center, further expanding its warehouse footprint.
The two adhesives distributors supply industrial tapes, adhesives and fasteners with brands that include 3M and Loctite.
The new facility will serve as one of five distribution centers across the country, with operations expected to begin in summer 2025.
The eCommerce platform offers a range of industrial and MRO products for light manufacturers, warehouses and other industries.
It was the company’s best month since December 2023, led by particularly strong growth from manufacturing customers and in fastener products.
International Conveyor and Rubber offers conveyor belt sales, installation, repair and maintenance service to customers from seven locations.
With a market size estimated at $907 billion in 2024, the MRO industry continues to be a critical component of the U.S. economy. In this year's U.S. MRO Market Trends Report, we define a market that has demonstrated remarkable resilience amid global economic fluctuations.
With the dust settled on the merger of Lawson Products, TestEquity and GexPro Services to form Distribution Solutions Group, we explore the rationale for the transaction and path forward with a DSG board member who helped spearhead the combination.
CH Peters is a Racine, WI-based distributor of precision tools and solutions across various industries.
The partner agreement enhances WINA’s CPS kanban solutions with AI-powered track and trace technology.
The former Lawson Products leader joins to discuss what he misses most about day-to-day CEO life (and what he doesn’t); the industry’s biggest changes; what he’s most proud of; and what he’s keeping an eye on.
It suggests that broader demand for industrial and construction supplies remains subdued heading into 2024's closing months.
Acquisitions earlier in 2024 and prior accounted for a healthy annual sales gain, emphasizing the strategic expansion of its customer base.
The company attributed its decline in sales to a challenging demand environment and continued softness in its core customer base.
Stoney Creek Hydraulics is a manufacturer of hydraulic and pneumatic cylinders and offers repair services to its customers.
