Victaulic plans to open a DC in Halfway, MD by mid-2026, expanding its global footprint to 32 locations.
Latest In Industrial PVF
Valued at $1.5 billion, the deal is set to result in a PVF and industrial supplies distributor with a combined revenue of around $5.4 billion and more than 350 locations worldwide.
Core & Main's sales in PVF, storm drainage and meter products increased primarily due to higher volumes and acquisitions.
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Wajax appointed a new COO, effective June 2, to lead operations and enhance organizational performance across the company.
DNOW reported an increase in sales during 1Q, improved profitability and continued growth through acquisitions, and followed with an April bolt-on in Singapore.
The company reported higher sequential sales in 1Q25 despite a year-over-year decline, with gains across all sectors.
The company reported sales growth in 1Q25, driven by increased equipment sales, though profit and margins declined.
Graybar reported its highest first-quarter net sales ever and its third-best sales for any quarter in its history.
Ferguson expanded its North American footprint with the acquisitions of Massachusetts-based Independent Pipe & Supply and Toronto-based National Fire.
The company announced a leadership transition for its CEO and CFO, alongside its 4Q financial results, which highlight strong sales growth and increased gross profit.
A new partnership enables MRC to launch complete meter supply chain.
Tennessee-based BRISMET is a supplier of stainless, duplex, six moly and nickel alloys welded steel pipes.
The company reported a record sales increase, despite a decline in net profit year-over-year that was it's third-best all-time.
The company reported an increase in 4Q sales, despite margins and profits declining amid “increased market pressures” and economic uncertainty.
DNOW’s earnings show strong U.S. and Canada sales growth, but a decline in international performance, with the company projecting flat-to-modest growth for 2025.
Endries’ corporate brand transformation includes a new logo and updated messaging, set to extend over time for a seamless transition.
DNOW’s repurchase of its common stock doubles its previously announced program of $80 million in 2022.
Endries said its new DC enhances logistics and positions the company for long-term growth, boosted by a Foreign Trade Zone within the facility.
The repurchase is expected to begin in the second quarter as part of the company’s strategy to return cash to shareholders.
