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PE firm Montage Partners invested in the mil-spec fasteners distributor and appointed David Ficadenti as its new CEO.
GMS' organic sales declined in 1Q25, and it added Florida-based R.S. Elliot Specialty Supply earlier in August.
The U.S. economy’s growth increased in 2Q, driven by consumer spending and private inventory investment.
Rob Aarnes — President of ADI Global Distribution — joins MSC's board of directors as an independent member.
A Mississippi-based seafood distributor pleaded guilty to conspiring to mislabel seafood and wire fraud in a scheme spanning 2002-2019.
Company veteran Jon Michael Adinolfi will become the fastener distributor's President and CEO on Jan. 1, 2025.
Builders FirstSource expands its presence along the Atlantic coast with the acquisition of Milton, DE-based Wyoming Millwork Co.
It expands Kodiak Building Partners' service offerings and operational capabilities in Texas, adding over 150 employees in the deal.
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Cargo thefts increased drastically, especially in the Southern California "Red Zone", which comprised 45% of all reported cargo thefts.
