DNOW’s repurchase of its common stock doubles its previously announced program of $80 million in 2022.
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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.
Emco is a Canada-based plumbing, waterworks, industrial and HVAC products distributor.
The company's net profit declined 11.4% year-over-year, but it raised its full-year outlook.
Trojan offers pump rental, automation technology and sales of layflat hose and other related equipment to customers primarily across the southern U.S.
Fluid Gauge is a family-owned distributor of flow control solutions, serving customer in the Northwest and Southwest U.S.
Operations are expected to begin in the first quarter of 2025.
The company posted an increase in its U.S. sales, but a decrease in both its Canadian and international sales year-over-year.
Fort Worth, TX-based Cohn & Gregory is a distributor of pipes, valves, fittings, flanges and other industrial products.
The PVF distributor plans to repurchase its preferred stock for around $361 million, and shared its preliminary 3Q24 financial results.
They'll be the 10th and 11th deals in 2024 for the infrastructure and industrial supplies distributor.
The 1.2 million-square-foot facility is expected to open in 2026, employing about 400 team members within a year.
PTDA expands its membership, enhancing its network with a focus on growth and innovative solutions in the distribution industry.
The Evergreen Supply Network recognized five distribution members and five manufacturers as the 2023 Members or Preferred Suppliers.
The company signed an agreement to purchase 38 acres in Miamisburg for a possible 622,728-square-foot distribution facility.
VP Supply expands its footprint in Tennessee, enhancing its building products and installation services for the construction industry.
Ferguson’s 4Q results show a slight sales increase and improved margins, but a full-year decline as the company expects modest 2025 growth.
Canada-based Ficodis expands its Northeastern U.S. footprint with the acquisition of Berliss Bearing Company.
The firm cited a 650% increase in Mexican imports of steel conduit since 2018 for the forthcoming closure of its Wheatland, IL plant.
