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Breaking news in Wholesale Distribution
The company expects to cut costs via a significant downsizing of its physical footprint.
Joining forces with Platinum will give R&B Wholesale additional financial and operational tools to enable growth, company officials said.
However, orders ended the year with strong momentum.
Anesa Chaibi, a veteran executive with experience in MRO distribution, was tapped for Global Industrial's top post.
BDI VP Bill Shepard steps into the role of PTDA President, and Sumitomo CX, Product VP Sara Zimmerman begins Manufacturer Council Chair role.
Inventories felll again in December amid strong sales, government data showed.
It will combine the operations of Southwire’s three existing DCs in west Georgia and serve as a logistics hub for customers across the region.
Arroyo had 2024 sales north of $26 million.