News
Breaking news in Wholesale Distribution
Real U.S. GDP Up 33.1% in 3Q According to ‘Second’ Estimate
The increase in real GDP reflected increases in PCE, private inventory investment, exports, nonresidential fixed investment, and residential fixed investment that were partly offset by decreases in federal government spending.
Download this Issue as a PDF: November 25 2020
Introducing the latest class of MDM Future Leader Award winners — 10 talented and digitally focused leaders under age 40 who are enhancing the market at every turn.
Motivated, Talented and Full of Industry-Changing Ideas: Meet the Next Class of MDM Future Leaders
Chosen from dozens of talented nominees over a month-long online nomination process, the latest MDM Future Leader Award winners represent the cream of the crop among the field of under-40 distribution talent.
Commentary: The Future of Distribution Looks Bright
The latest group of MDM Future Leader Award winners are setting the stage for the next generation of distribution with their focus on technology-based initiatives.
The Bossard Group Invests in Welding Business
Swiss fastener distributor The Bossard Group has invested a 40% stake in the startup company MultiMaterial-Welding AG, Stansstad, Switzerland.
Emerson Completes Acquisition of 7AC Technologies
Emerson says acquisition will help the company’s customers “further their sustainability goals through better air management.”
Avnet Names Phil Gallagher CEO
Gallagher, who has been with Avnet for 37 years, had been serving as interim CEO since August
Chicago Fed National Activity Index Improves to +0.83 in October
Latest Chicago Fed National Activity Index (CFNAI) shows that three of four broad categories of indicators used to construct the index made positive contributions in October, and three of the four categories increased from September.
MSC Industrial Supply Names VP for Cross-Channel Growth
Industrial distributor appoints Mark Pickett to newly created role for “leading and driving a consistent brand experience for customers across all of MSC’s platforms and channels.”
Protective Industrial Products Adds Bolt-On PPE Supplier
PE-backed PPE manufacturer Protective Industrial Products Inc. has bought Primax Manufacturing & Trading Inc., a maker of safety gloves and other protective clothing.
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Investment Banking Directory
The MDM Investment Banks in Distribution directory is a listing of firms with expertise in the wholesale distribution industry.
