Fastenal reported its August 2023 sales information, which showed net and daily sales were up 3.6% compared with the same period in 2022.
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Strandquist's career included executive roles at Martin, Optimas Solutions and Würth Industry North America.
AFC Industries has burst onto MDM's Top Industrial Distributors scene after several years of frequent acquisitions. We chat with CEO Kevin Godin about how the company has successfully managed all of its recent growth.
Fastener Supply Company's acquisition of General Machinery will enhance the fastener distributor's capabilities and expand product offerings.
Fastener distributor Packer Fastener is opening a new location in La Crosse, Wisconsin, to serve customers.
Total year-over-year sales growth of 5.9% was a sharp slowdown compared to 1Q, as daily sales slowed in each month during the quarter.
Fasteners distributor B&F Fastener Supply has acquired long-time competitor Northern States Supply and is expanding its Midwest footprint.
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The program caters to professionals in the construction and industrial space, according to a news release, and will take place March 12-14, 2024.
The acquisition is AFC's sixth of 2023 and 11th since AFC was acquired by Bertram Capital in April 2021.
MDM spoke with BlackHawk Industrial CEO John Mark to learn more about the company's recent acquisition of Chattanooga-based Stock'd Supply.
It was the distributor's weakest daily sales growth month since June 2021.
STAFDA's 47th annual convention will take place from Nov. 5-7 in San Antonio.
Hillman announced three promotions within its executive leadership team.
The distribution center was relocated from Rialto, California, to the Kansas City area to reach customers faster, the company said.
The fasteners distributor marks AFC's fifth acquisition of 2023 and 10th since the company was privately acquired in April 2021.
The company's year-over-year daily sales growth accelerated after several months of decline, powered by sales to manufacturing customers.
QFC represents AFC's third acquisition of 2023 already and eighth since April 2021.
Battaglia most recently served as Vice President of Financial Planning & Analysis with construction equipment manufacturer Caterpillar.
The acquisition is BlackHawk's 16th since it was privately acquired in September 2018.
