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Brad Stewart takes on the role after first joining the metalworking and MROP supplies distributor in 2020.
The MRO supplies distributor has a new U.S. President, Global Integrated Supply President and Chief Business Development Officer.
Though less than expected, the latest rise in the wholesale inflation gauge suggests Federal interest rate cuts could be further delayed.
The distributor frequently cited adverse weather in its 1Q report, while poor demand remains the core issue as pricing has stabilized.
DSG begins construction of a 39,000-square-foot distribution facility expected to serve electrical, plumbing and HVAC industries in 2025.
AD’s E&I Business Unit united members across the electrical, industrial and safety, and bearings and power transmission divisions.
Shearer Supply gains a deeper foothold in key HVAC markets across the Southeast with the addition of HVAC distributor CCP.
It's another posititive indicator for the U.S. industrial economy, following a strong PMI reading at the start of April.
Waterworks and industrial supplies distributor Core & Main will expand high-density polyethylene product capacity with the addition of GSC.
Analysis of manufacturing tech orders provides an economic indicator as manufacturing industries invest in equipment to increase capacity.