Though solid, sales and profit growth were considerably smaller than the previous several quarters.
Latest In Fasteners
The report includes information on the Winona, Minnesota-based distributor's continued efforts to improve workplace safety ratings.
Marc Strandquist has joined the industrial distributor as EVP of its Fastening Solutions Division.
GMS marked the beginning of its expansion into the New York City with the acquisition of Brooklyn-based fastener distributor Tanner Bolt & Nut.
Bossard, ranked No. 12 on MDM’s 2022 Top Fastener Distributors list, acquired the Canadian distribution unit from fastening solutions manufacturer PennEngineering.
Kelly Evans retired effective Nov. 1, and the fasteners and packaging supplies distributor has named his successfor.
It's the third acquisition of the year for Wisconsin-based Endries.
Michael Knight will succeed longtime Endries President Steve Endries, who will remain with the company.
It was another quarter of double-digit sales and profit gains for the industrial supplies distributor, which saw softening demand and tougher year-over-year comparables.
In an exclusive interview, Optimas Solutions dual-CEOs Mike Tuffy and Daniel Harms join the MDM Podcast to discuss how their elevation and newly announced roles provide additional stability to the global fasteners distributor and manufacturer.
The company said its new benchmark includes onboarding key BI personnel, implementing new analytics tools and publishing custom reporting.
It marks the company’s 10th branch location and fourth addition in the past 18 months.
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Our long-awaited annual rundown of the top distributors across 17 industrial, construction and commercial products sectors is available to view and download.
MDM Executive Editor Mike Hockett recaps what he saw and learned at Fastenal Expo 2022, the distributor's first in-person company showcase in three years.
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This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
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