Do it Best Group is relocating True Value’s headquarters from Chicago to Fort Wayne, IN, bringing the retail-owned hardware chain’s corporate base to the home of its new parent company.
Latest In Fasteners
Our highly anticipated annual feature is here for you to peruse via web listings and our downloadable report. Explore our 20 different lists to see distribution’s biggest movers and shakers.
The fasteners association elected four new executive directors as well as four other board members.
The fastener manufacturer and distributor said the nearby move supports more efficient operations, improved logistics and future growth, while maintaining continuity for customers and partners.
The hardware and industrial supplies distributor is consolidating Cincinnati-area operations into a new Forest Park facility that includes room for future expansion.
The acquisition launches Rox Capital Partners’ industrial fastener platform, with plans to grow the Dallas-based manufacturer and distributor through organic initiatives and strategic acquisitions.
ParkOhio subsidiary Supply Technologies is making the largest investment in its history. On the MDM Podcast, President Brian Norris shares how a new $20 million distribution center and a tech overhaul will position the distributor for the future.
It was the company's 11th straight month of double-digit daily sales growth year-over-year as nearly every key sales metric improved sequentially. We provide a full breakdown of Fastenal's May sales numbers here and the context around them.
The distributor expands inventory access and regional Midwest support for data center construction and energy projects with the new facility.
Minnesota-based CPM is a manufacturer of processing equipment used in oilseed and animal feed production, while North Carolina-based MW Components makes fasteners, springs and precision metal components.
It marks the 16 location overall and second in Illinois for the fasteners and industrial supplies distributor.
It was the company's 10th straight month of double-digit daily sales grwoth year-over-year and its best month since August 2022 in the height of post-COVID market recovery. We give a full breakdown of Fastenal's April sales metrics here and the context around them.
The company noted consistent product demand in the quarter, while it closed on two tuck-in acquisitions.
The fasteners master distributor also appointed two other executives, including a longtime Fastenal veteran.
It's the second announced deal in as many weeks for Hillman, growing its presence in the U.S. Southeast.
Pricing continued to play a major — albeit decelerated role — in quarterly sales gains, while the company noted share gains and broad-based demand as driving factors.
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AFC launched its Aerospace & Defense business unit this past fall.
SouthernCarlson was acquired by Trulink Capital from Kyocera Corp. in January.
Breaking ground March 24, it will replace the company’s current Atlanta-based “AHUB” and could eventually be nealry four times the size.
