Applied continued its investment in the automation industry with its fourth acquisition in that market since 2019.
Latest In Top Distributor Sectors
The new DC significantly expands the company'sfootprint in Canada, while its margin and profit dipped in 3Q despite higher sales.
It's the third acquisition of the year for Wisconsin-based Endries.
RS Group's chief services officer will act as president of Allied in the interim.
The construction industry had 422,000 job openings in September, according to an Associated Builders and Contractors’ analysis.
Beacon will create a new specialty waterproofing division as a result of the acquisition.
Michael Knight will succeed longtime Endries President Steve Endries, who will remain with the company.
The acquisition comes roughly a year after the merger between Regal Beloit and Rexnord Corp.
Rockingham brings 10 New England branch locations and over 100 associates to Sonepar.
With locations in Nashville and Chattanooga, Metro adds 30 employees to SRS.
The report builds off of Turtle's first ESG report published in 2021.
Sales growth at Motion Industries narrowly outpaced that of 2Q, with organic sales driving the majority of it, alongside a continued boost from Kaman Distribution Group.
The metalworking and MRO supplies distributor's fiscal year ended Sept. 3, and its strong momentum bodes well for the greater industrial supplies market.
The Crescent Electric Supply leader tells us how employee engagement has kept the distributor pointed at its customer-based North Star.
It’s designed to connect skilled tradespeople to hiring trades professionals in the construction and home improvement industries.
It expands Valin’s process control and fluid handling portfolio in Southern California and Nevada.
It was another quarter of double-digit sales and profit gains for the industrial supplies distributor, which saw softening demand and tougher year-over-year comparables.
Construction input prices dipped 0.1% in September compared to the previous month but remained 41% ahead of February 2020 pre-COVID levels.
![ProjectSolve_Exterior_Cam1_101122[709]](https://www.mdm.com/wp-content/uploads/elementor/thumbs/ProjectSolve_Exterior_Cam1_101122709-scaled-e1676580957229-riq0sxs9mj9veh3ciypnxw7poqgtsryxzrkx9kphok.jpg "ProjectSolve_Exterior_Cam1_101122[709]")
The company is investing $34 million into a new facility that will house its headquarters and distribution operations.
Schneider plans to install new technology at facilities in Kentucky and Nebraska to improve their efficiency.
