The distributor's Skypod system will consist of over 43,000 storage bins, 36 robots, three picking stations and three induction workstations.
Latest In Plumbing Products & PVF Distribution
Plumbing supplies distributor Ferguson's eight acquisitions in this fiscal year have an aggregate annualized revenue of $350 million.
It nets Winsupply a single-location waterworks distributor in operation since 1947.
It gains Macomb a 66-year-old, two-location distributor of PVF, bathroom and kitchen fixtures and HVAC equipment.
1Q U.S. sales actually increased 2% year-over-year, driven by DNOW's acquisition of Whitco Supply that was completed during the quarter.
Gross margin had a modest annual improvement, while EBITDA shrunk.
The distributor had a considerable 1Q sales improvement vs. 4Q23, while all business segments saw continued annual declines.
It’s the distribution group’s first acquisition since it was formed by Trive Capital at the end of 2023.
The 308,000-square-foot facility is projected to open by the first quarter of 2025.
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The addition of plumbing and electrical supplies distributor Southern will give a wider range of products across a larger geographic area.
A new 308,000-square-foot distribution center in West Salem, WI, will serve First Companies' plumbing and HVAC supply customers in 2025.
The plumbing and HVACR distribution giant also updated its plans to ‘domicile’ its ultimate parent company in the U.S. to reflect operations and leadership.
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F.W. Webb's new 43,000 sq. ft. facility adds capacity and provides a comprehensive selection of water works and industrial components.
The pumps and pumping equipment maker saw organic revenue growth slow to 4% in 4Q23, while full-year revenue increased 16% vs. 2022.
The company is bringing its full scope of PVF product and more to a 40,000-SF facility near the Indianapolis International Airport.
A 24,000-square-foot expansion in Boston will offer F.W. Webb customers access to a larger product assortment.
Winchester, VA-based Eastern provides drainage products to contractors, engineers and municipalities across the U.S. northeast.
These acquisitions by distribution giant Ferguson have an aggregate annualized revenue of approximately $220 million.
