Expected to be completed this summer, the new facility will feature a warehouse, DC, office space and a showroom.
Latest In Top Distributor Sectors
NY-based Coastal Supply Group and RJ Murray Company are distributors of HVAC inventory to customers in the northeast U.S.
Honolulu-based Maguire Bearing is an industrial distributor with a range of repair products, including bearings, couplings and more.
DNOW’s repurchase of its common stock doubles its previously announced program of $80 million in 2022.
Two longtime power transmission/motion control industry veterans, Brian Short and Bill Shepard, join to discuss career retrospection, what’s changed in the market, thoughts on AI and the role of product information sharing, including how two leading associations are driving it forward.
Sales declined in the Americas and EMEA year-over-year, but Asia sales increased for the second consecutive quarter.
Applied’s total sales declined year-over-year, but acquisitions drove most of the increase while foreign currency translation negatively impacted sales.
Echelon promoted its former CFO and EVP with 13 years of experience to strengthen customer relationships.
Air Filtration is a Southern California-based manufacturer and distributor of air filter products and accessories.
QXO calls the agreement "shareholder-unfriendly" and a “poison pill”.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
Beacon acknowledged the tender offer and recommended that shareholders take no action at this time.
Minnesota-based Tavoron specialized in electrical and air automation components, robotic systems and compressed air technologies.
The foundation's scholarship offers financial support to students and employees pursuing careers in the PT/MC industry.
PMA latest Business Conditions Report shows 35% of surveyed metalforming manufacturers predict an increase in economic activity this quarter.
The Home Depot partnered with the delivery apps to provide customers with faster, on-demand delivery of home improvement products.
Control Stop is a distributor of building automation and components based in Charlotte, NC.
The partnership with Bring Back the Trades aims at addressing developing strategies to secure a sustainable future for the industry.
November sales decreased slightly, following an 11% increase in October.