Multi-Family market weakness had hamstrung demand in recent quarters, with BLDR's gross margin down nearly 300 basis points year-over-year in 1Q25.
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Three industry veterans were elected to the board alongside one new appointee.
Intercity Industrial Supply will offer an expanded product portfolio with the addition of industrial supplier SDI Supplies.
The duo says the partnership will empower SBP's LBM dealers to seize a growing eCommerce opportunity.
Amazon has upped the ante on its latest warehouse robot model. The new Titan robot can lift double that of its robot predecessor.
Mike Hockett distills key themes and takeaways from MDM's marquee thought leadership conference event, held Sept. 18-20 in Denver.
The distributor said the additions in Ohio and New York add resilience to its argon supply chain following recent logistics challenges.
The PTDA Learning Hub offers learning materials on the fundamental characteristics of power transmissions/motion control products.
In Houston-based BLP, Ryerson gains a supplier of complex fabrication services and toll processing capabilities.
MiddleGround Capital gains a digital manufacturing platform investment in MegaTech, which provides high-precision, low volume machined parts.
Year-to-date orders ended June up 13%, however, and officials expect the market to receive an annual boost from the September IMTS show.
It’s time to run toward — and not away from — technology that can improve your business, value proposition and the services you provide to customers, Dirk Beveridge writes.
International multichannel distributor Rexel closes its much-talked-about $456 million acquisition of Alabama-based Mayer Electric.
The international distributor says its business model has delivered ‘strong overall growth against a background of continuing pandemic-related challenges.’
With the latest investment round, Mirakl said the company's valuation has increased to more than $3.5 billion.
Barclay can now offer Kärcher’s products for indoor and outdoor hard surfaces, large outdoor areas, carpeted areas and small office room applications to its customers.
With the promotion, Frei retained her spot on Schneider Electric's executive committee.
Arrow Electronics’ 1Q profit totaled $206.32 million compared to $49.50 million in the same quarter a year ago.
All 18 manufacturing industries reported growth in April, according to the latest Manufacturing ISM Report on Business.
