It took a year to finalize, but the deal doubles the size of Bosch's Home Comfort business, significantly expanding its presence in the U.S. and Asia.
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U.S. construction spending declined in June for the fourth straight month, driven by continued drops in private residential and nonresidential activity.
Margins were hampered by tariff-driven LIFO headwinds, though daily sales continued to gain momentum, especially in Endless Assortment. Get a full breakdown of Grainger's 2Q stats.
The distributor opened dozens of new North American branches and a new Canadian fulfillment center as part of its busy 2024-2025 fiscal year. Here's a recap.
JLS Lighting is a lighting and control solutions distributor serving commercial and industrial markets in Florida.
Cerro Brass is a distributor of brass components, serving the residential, commercial and industrial markets.
Watsco delivered company-record 2Q gross profit despite a slight dip in sales, driven by tech-driven strategic pricing and other initiatives.
The company's two product segments saw year-over-year sales growth, but gross margin, net profit and EBITDA all declined.
Core organic sales had another mid-single digit decline year-over-year while net profit sunk by nearly half from a year earlier.
Four acquisitions in 2024 drove a double-digit sales year-over-year sales increase at Distribution Solutions Group, but underlying organic growth also improved.
Wesco’s 2Q results show accelerating organic growth and surging data center sales, prompting the company to raise its full-year outlook.
As two of America's freight railroads move to merge, industrial supply chains could see both streamlined coast-to-coast shipping and reduced competitive alternatives in an increasingly consolidated market. Here are the key details and context distributors should be aware of.
It will create two independent public companies by the end of 2026, with ADI going forward as a $4.5 billion distributor of low-voltage products and solutions.
The industrial and MRO parts distributor achieved company quarterly records for gross margin and operating profit as revenue improved throughout April-June period.
Honor Foods opened a new DC in Kissimmee, FL, expanding its Southeast operations and improving product access and logistics across the region.
MSC Industrial Supply named an interim CFO following the pending departure of Kristen Actis-Grande.
Rexel reported an increase in 2Q sales, driven by strong performance in North America that offset weaker results in Europe and Asia-Pacific.
DPA said the new space accommodates its growth and enhances operational efficiency.
Spanning a half mile end-to-end, the "Retail Support Center" was designed to boost logistics operations and serve its network of over 5,000 stores.
Fastenal opened a new DC in Utah, replacing its Salt Lake City facility to support regional growth and operations.