The decline was driven by lower sales in Central Canada and followed a flat 4Q for that business segment, while Wajax's annual revenue saw a modest increase.
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The company completed six acquisitions during 4Q and closed on three since to complement continued robust organic growth.
Industrial and MRO parts distributor Global Industrial records momentum highlighted by a 7.4% increase in average daily sales in the fourth quarter.
Nonres markets and supplier pricing carried growth throughout the year as margins, profit and EBITDA each expanded.
Wajax lands an executive with 30 years of experience of Canadian and internatinoal distribution, manufacturing, retail and services, with previous stints at National Tire Distributors, Grainger and General Motors.
The newly formed company, PSS Cross Country Infrastructure Solutions, is positioned to support energy and infrastructure construction and maintenance projects nationwide.
That’s despite a small monthly downtick in the portion of in-market locations reporting growth, meaning Fastenal got relatively more out of its biggest customers. Get our full breakdown of the January numbers here.
The industrial supplies distributor adds an industry veteran with more than two decades of leadership experience across retail, distribution and building products.
The hydraulics & pneumatics distributor adds a veteran with extensive experience at ITT and Parker Hannifin.
The manufacturer/distributor made nine bolt-ons during 2025 that led to healthy annual gains in sales and EBITDA.
Sales grew at a much stronger rate outside of the company's Germany-base.
Divested from Grainger in late 2023, metalworking and industrial supplies distributor E&R Industrial is entering a new chapter marked by independence, modernization and rapid expansion. CEO Joe Stephens stops by the MDM Podcast to tell us about what the company’s next couple years might look like, as well as his broader thoughts on relationship selling, what it means to be tech-enabled and the role of vending today.
The newly-created role will lead Border States’ enterprise-wide digital strategy, accelerating value creation through technology, data and process modernization.
Dan Florness has been with the company since 1996 and its CEO for the past nine-plus years.
Chicago-based FreightCar gains a family-owned distributor near Pittsburgh that focuses on running-repair railcar components.
Louisiana-based STS supplies fasteners, PVF, gaskets, pipe supports and cutting tools to refinery and chemical facilities, oil and gas operators, industrial contractors and manufacturing customers across the U.S.
Hoisting Wire Rope and Sling will operate as a branch within Ascent Lifting’s CERTEX division, strengthening CERTEX’s service capabilities in the region.
ACME Construction Supply and Professional Contractor Supply will join the buying group Jan. 1.
Two leaders will retire while four execs are promoted to vice president.
Residential sales for the quarter were challenged while non-residential sales in the U.S. rose 11%.
