Though still soft by Fastenal’s historical standards, August was a rebound from July. Get MDM's full breakdown here.
Latest In Facilities Maintenance (MRO)
Marshalltown, which supplies tools to retailers including Home Depot and Lowe's, will enhance its logistics capabilities with a new facility.
Private equity firm Inflexion acquired cutting tool distributor Cutwel to drive growth and enhance its marketing offerings.
The distributor’s full-year total sales increased 1.5% year-over-year, while 4Q sales remained flat.
Autobrade provides three key offerings to its customers: Robotic integration; Innovation process improvements; and industry expertise.
Growth continued to slide across all geographies, product segments and customer end markets.
ProDriven Global Brands positions the maker of ladders, safety equipment and tool storage in its next phase of growth.
As expected, DSG's organic sales declined compared to a year ago but sequential improvement was driven by increased sales in many end markets.
The distributor noted cautious customer purchasing and mixed monthly revenue performance.
Year-over-year sales and profit continued to slide at MRO supplies distributor Motion, though not as much as in 1Q.
Weak fastener sales continue to weigh on overall results, though the company indicated that customer acquisition efforts remain encouraging.
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Here's the condensed, free version of the first in a three-part Premium series that examines the state of Wesco International and the strategic pillars powering the organization.
The company updated corrective actions it's taken in the wake of complexities in MSC's web pricing realignment rollout from earlier this year, which directly weakened sales and profits.
The two companies had combined revenue of just over $20 million in 2023 and have 58 employees.
Ebbert has experience representing manufacturers in the STAFDA, industrial and heavy construction markets.
MSC cited complexities in its web pricing realignment rollout as hurting March-May results, alongside weakness in heavy manufacturing.
Having retired at the end of May, Ted Cowie joins to reflect on evolving sales strategies during his four decades in the industry, particularly in his 10+ years at Motion.
It flipped from a strong 4.9% monthly gain in February.
The industrial pure wholesaler was launched in 2017, catering to distributors and other resellers.
