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Dave Calhoun's decision to resign follows manufacturing issues that have raised safety concerns and forced the company into the spotlight.
The buying group's quarterly membership survey showed considerable optimism among distributors despite potential headwinds later this year.
Under the vendor agreement, Incredible will offer certain laser cleaning, engraving and welding systems from Laser Photonics.
The distributor has merged its Air Supply and Industrial, Automation and Finishing business units into a new branch just outside of Cleveland.
The acquisition doubles the number of House-Hasson's distribution centers and grows its hardware inventory.
Endries will combine its distribution network with PennEngineering’s portfolio of brands to broaden its fastening offering.
FleetPride will create a new division by combining Wheelco Manufacturing Components with FleetPride’s OE trailer axle division.
In Dominion, Border States gains an electrical distributor that has nine branches, over 300 employees and $374 million in annual revenue.
U.S. Lumber's distribution center in Claysburg, PA, was deemed a "total loss" by the local fire department.
Meanwhile, the U.S. central bank maintained the federal funds interest rate for a seventh-straight month.
