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The master wholesaler adds a provider of products specializing in MIG, TIG, plasma, osy-fuel and stick welding styles.
Annual sales growth for 12 months through March also increased for HVAC distributors a part of HARDI.
Four planned Colorado locations have been designed to work in conjunction to offer a comprehensive range of products and services in the region.
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.
Following a healthy increase in February, total U.S. construction spend is down in March across the board in both private and public projects.
The MRO, OEM and industrial technologies distributor posted year-over-year 1Q gains in sales and EBITDA, driven by both organic and acquisitive growth.
![2025 Three-month report press release[66]](https://www.mdm.com/wp-content/uploads/elementor/thumbs/2025-Three-month-report-press-release66-riq4ky1kijghb9j9c95b82ns0u3sk4wr0xt63x1rd0.png "2025 Three-month report press release[66]")
AD welcomed over 550 new members and reached record sales in the first quarter of 2025.
Acquisitions boosted top-line sales, while organic continued to slide.
While net sales dipped, a nearly 6% organic sales growth was led by data centers, and the distributor's Broadband and OEM businesses.
The U.S. industrial health gauge retreated further into contraction, hampered by lower production and export orders.
