Dan Florness has been with the company since 1996 and its CEO for the past nine-plus years.
Latest In Industrial Supplies
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%.
This is the third new location for the Wisconsin-based distributor in 2025.
Two current board members are expected to retire in May 2026 at the end of their terms.
BlackHawk adds an industry veteran with deep category management expertise at prominent industrial distributors.
The distributor posted its fifth straight month of double-digit daily sales gains despite a soft demand backdrop and topped analysts’ expectations, powered by acceleration in heavy manufacturing.
Walter adds a prominent supplier of coated abrasives based in Virginia Beach, VA.
GDW expands its family of companies and brands, enhancing its manufacturing capabilties and capactities through Durex Products operations in Luck, WI.
Graybar tapped a seasoned executive with experience in industrial automation, digital transformation and advanced manufacturing.
Truelink Capital plans to support SouthernCarlson's next phase of growth through a combination of commercial and operational initiatives and strategic M&A.
Set to launch in early 2026, the platform is focused on providing technical service and solutions for operationally essential products across industrial, manufacturing and field service applications.
Boosted by NEFCO's acquisition of Big D Tool Center, the cooperative strengthens its Texas footprint.
This is the second acquisition for Shorehill Capital-owned Ascent Lifting this year and its fourth overall since its 2022 founding.
Strong sales continued in July-September, during which the company completed another acquisition before two more in October-November.
Max Tunnicliff brings global experience to the CFO and Senior Executive Vice President role at the distributor Fastenal.
