MDM reported more than two-dozen mergers and acquisitions during the month of August. Read about them all here.
Latest In MSC Industrial Supply Co.
A new report calculates that U.S.-based industrial distributors could stand to benefit considerably over the next decade from increased MRO demand driven by the domestication of manufacturing production and foreign investment.
The metalworking and MRO supplies distributor is suddenly on an acquisition streak.
Fastenal, MSC Industrial Supply, MRC Global and more have voiced considerable optimism despite numerous economic red flags.
Bolt-on acquisitions have been infrequent for the metalworking and MRO supplies distributor, which acquired Engman-Taylor in early June. Read more about the past month’s M&A activity.
Nick Ruetz has been elected president of the National Fastener Distributors Association for the 2022-23 term.
The company reported fiscal 2022 third-quarter net sales of $958.6 million for the three-month period ended May 28.
It’s only MSC’s third acquisition since 2018, gaining a fellow metalworking and industrial supplies distributor.
The distributor of metalworking and MRO products says John Hill has joined the company as senior vice president and chief digital information officer.
Preliminary figures show March was MSC's best sales month ever. Here's a recap of CEO Erik Gershwind's comments from a March 30 earnings call.
In its latest earnings report, the company reported fiscal 2022 second-quarter net sales of $862.5 million.
Year-end reports of publicly traded distributors support Q4 Baird-MDM Quarterly Industrial Distribution Survey results. Public company commentary remains optimistic for strong year.
MSC Industrial Supply Co. reported fiscal 2022 first-quarter net sales of $848.5 million for the period ending Nov. 27.
MSC Industrial Supply Co. and the University of Tennessee have created a public-private research partnership aimed at advancing machining.
All Integrated Solutions, a division of MSC Industrial Supply Co. moved into a distribution center near Minneapolis and Saint Paul, Minnesota.
CEOs from leading distributors Grainger, Fastenal, Applied, MSC and Motion reveal secrets to their success during a challenging third quarter.
MRO distributor reported net sales of $831 million during its fiscal fourth quarter of 2021, an increase over the same period in 2020.
New York-based MRO Distributor Promotes Kim Shacklett to senior vice president of sales & customer success.
The MRO distributor has committed to reinvest the money it’s been saving into growth initiatives. Based on fiscal 3Q results, the company’s plan is working.
Despite a dip in PPE sales, MSC’s quarterly profit was $94.4 million, a 21.5% increase compared to the same quarter a year ago.