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The partnership marks Auto-Wares' 88th acquisition, expanding the company’s geographic footprint and market.
The 113,000-square-foot facility will serve as the company’s central DC and corporate headquarters.
August orders remain virtually unchanged, following a substantial 9.9% increase in July.
The Filter Shop is a Nebraska-based air filter distribution company that serves customers in the U.S. Midwest.
Gexpro will add Singapore-based Tech Components Resources, a distributor of fasteners mechanical components and other industrial products.
Subsidiaries Big Joe Forklifts and EP North America will better serve the company’s North American customers with the new facility.
The partnership combines OneRails tracking features with Moblico’s mobile apps, offering end-to-end visibility of deliveries.
September's Consumer Confidence Index decreased to the lowest level since August 2021, reflecting consumer concerns about the labor market.
Some surveyed distributors remain cautious due to high interest rate, inflation, poor economy and a general slowing of business.
It results in a combined entity that represents more than 700 independent electrical distributors in the United States. Get the full details here.
