It was another deceleration as daily sales declined sequentially vs. March in all three of the company’s geographies and product lines.
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Beacon's increase in residential and non-residential roofing product sales were primarily due to higher volumes driven by strong demand.
The two Michigan-based electrical and industrial products distributors are now officially members of the Sonepar family of companies.
A new location in Columbus is the sixth overall for the distributor of industrial hose, fittings and accessories.
With this acquisition, US LBM now operates 12 locations in Northern California, including three structural component manufacturing facilities.
It’s already the company’s eighth acquisition announced in 2024.
While sales growth slowed sequentially, it was another record quarter for the electrical and industrial supplies distributor.
Growth in DEWALT and Engineered Fastening was more than offset by lower infrastructure volume and "muted consumer and DIY demand."
The acquisition of General Machinery expands MCE's territory coverage and deepens its automation and rotating equipment solution offering.
TricorBraun will expand its Australia and New Zealand footprint, which it first established through acquisition in 2021.
Lawson has acquired S&S Automotive, an auto and industrial parts supplier based near Chicago.
The company noted that volume declined year-over-year in all three of its business segments.
Economists had forecasted a monthly gain of 0.3%.
Pomona, CA-based Howard & Sons distributes a range of wallboard and steel framing products in Southern California.
Irvine, CA-based Dynamic Solutions will strengthen Valin's robust motion control and automation product portfolio.
The building materials distributor saw healthy year-over-year and sequential improvements in gross margin.
Sales sequentially decelerated further amid what the company cited as economic softness and lower market demand.
That's down from 5.1% in 4Q, as Global's 2Q23 acquisition of Indoff Inc. continued to inflate its year-over-year results.
Wesco signed a five-year contract with an intelligent pricing specialist company to centralize its pricing.
