It gains ORS a specialized master wholesaler with three U.S. distribution centers.
Latest In Facilities Maintenance (MRO)
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.
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.