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November spending was 0.4% above October's figure, which was revised considerably higher.
Following the acquisition of Termomeccanica Pompe, valve and pump manufacturer Trillium has made advances in the company's product offerings.
Wholesale inventories have fallen in nine of 11 months through November 2023.
Our MDM Update newsletter will be back in action in the new year on Tuesday, Jan. 2.
CEEUS expanded its service territory into Virginia with a $37 million investment in a 187,000-square-foot distribution facility.
Manufacturers across most industries expect revenue growth in the new year, according to a nationwide Institute for Supply Management survey.
It was quite the rebound from an October slump, showing continued recent volatility.
Metals service center Pennsylvania Steel Company acquired Ohio-based steel service center Stark Metal Sales.
Dallas-based private equity firm Trive Capital acquired six PVF distributors and combined them to form Venturi Supply.
Lagersmit is a Netherlands-based maker of sealing solutions that is expected to have 2023 annual sales of about $40 million.
