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The latest Producer Price Index showed wholesale prices fell in June as energy costs retreated sharply, while underlying inflation remained more subdued, offering a calmer inflation picture after May's energy-driven surge.
Trex is realigning its North American distribution network around SBP while expanding relationships with three regional distributors and transitioning away from Boise Cascade.
The addition of Denver-based Rocket Seals expands Marco’s reach across industrial markets and marks its ninth acquisition since partnering with Align Capital Partners — and second in three months.
Consumer inflation eased considerably during June as gasoline prices reversed course, while core prices were unchanged month-over-month and posted their smallest annual increase since early 2021.
Gross margin held steady sequentially despite pricing moderation as Fastenal pointed to continued improvement in end market demand.
The Series B brings InstaLILY’s total funding to nearly $100 million as the AI provider expands technology designed to build and maintain customized software for distributors and other operationally complex businesses.
The century-old contractor equipment and concrete supplies distributor will add four Iowa locations and expand White Cap’s product and service capabilities across portions of the Midwest.
The electrical supplies giant adds more than 200 employees and specialized manufacturing, component distribution and supply chain capabilities serving OEMs in data center, automation and other critical infrastructure markets.
The automation and compressed air products distributor’s latest acquisition adds more than five decades of pneumatic and fluid power expertise while expanding Tavoron’s geographic reach into the Pittsburgh and Cleveland markets.
The fluid transfer and sealing products distributor adds taps an executive who has spent the past decade in CFO roles at private equity-owned businesses.