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The electrical and PVF supplies distributor says its new McNaughton McKay Group branding brings its five subsidiary companies under a single, cohesive banner.
The distributor announced an upcoming two-for-one stock split, marking Fastenal's ninth split in its history and first since 2019.
Based in Texas, Maverick Beverage is a distributor of wine and craft spirits, operating across six states with approximately 500 employees.
U.S. durable goods orders surged in March, far exceeding forecasts, driven by a jump in transportation equipment as firms rushed to beat potential tariffs.
Watsco reported softer first-quarter results as it navigates a product transition driven by new regulations impacting over half its sales, but showed healthy margin performance.
Uline is expanding its Reno presence with a new distribution center set to open in August, adding 25 jobs to meet growing demand.
TricorBraun appointed a well-known industry veteran to lead its global operations, succeeding Court Carruthers as he transitions to vice chair.
Though comparable sales declined year-over-year, the gap narrowed sequentially as EBITDA margin had a considerable jump from 4Q.
OmniCable opened a new facility in Buford, GA, consolidating two nearby locations to boost efficiency and better serve growing customer demand.
MDM won a Silver Azbee Award for its in-depth case study on Fastenal’s transformative shift to a digital-first distribution model, written by John Gunderson. It was the first feature in MDM's Case Study series, which continues to roll out new reports in 2025.