MRO distributor HD Supply has closed its first acquisition since being re-acquired by Home Depot in late 2020.
Latest In Top Distributor Sectors
Beacon has completed its seventh 2023 acquisition with the addition of Tupelo, Missouri-based All American Vinyl Siding Supply.Â
Major organic sales decline and deflation continued to slam the building products distribution giant in 2Q.
Excluding Global's $69 million acquisition of Indoff that closed in May, 2Q sales were down 5.2% year-over-year.
The additions for the plumbing and industrial supplies distribution giant are across three different industries.
Year-to-date construction spending through the first half of the year was up 3.0% vs. 2022.
Electrical, communications and data networking products distributor Graybar’s net sales for the second quarter of 2023 totaled $2.8 billion,
Watsco's second-quarter sales were impacted by a wide-ranging regulatory requirement that took effect on Jan. 1.
Fastener Supply Company's acquisition of General Machinery will enhance the fastener distributor's capabilities and expand product offerings.
Fastener distributor Packer Fastener is opening a new location in La Crosse, Wisconsin, to serve customers.
The company's 2023 second quarter included one new acquisition and the naming of a new Chief Strategy Officer.
That geographic segment includes gases and welding products distributor Airgas, which was No. 5 on MDM’s Top Industrial Distributors List.
Romac Industries' President said the expansion aligns with the company's commitment to domestic manufacturing.
The industrial distribution giant's results seemed to outperform the rest of the sector, with a sequential revenue growth slowdown more subdued than what others have reported in this earnings cycle.
Southwire's future Texas facility will help streamline the company's product offering to the Southwest and Midwest U.S.
Structural connector and building solution manufacturer Simpson recorded consolidated net sales of $597.6 million, an increase of 0.7% YoY.
K-C Professional posted second-quarter sales of $887 million, an 11% increase year-over-year and 13% organic sales growth.
“May is one of the most important months of the year for AC sales at HARDI distributors and the weather was not helpful," HARDI officials said.
Charter Industrial Supply has garnered recognition as an Aeroquip Premier Select Distributor, IDCO said.
Crawford opened a branch in Denton, Texas, the company's seventh location in the Dallas-Fort Worth Metropolitan Area.
