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Minnesota-based CPM is a manufacturer of processing equipment used in oilseed and animal feed production, while North Carolina-based MW Components makes fasteners, springs and precision metal components.
Canals said the funding will accelerate product development for its AI-powered workflow suite used by more than 100 distributors.
The U.S. economy grew slower in early 2026 than first reported, as downward revisions to investment and consumer spending trimmed the Bureau’s initial estimate.
The Associated Press’ annual CEO compensation survey found that typical CEO pay rose nearly 6% in 2025, while median employee pay at S&P 500 companies increased 4.7%. We share the survey's key findings here.
It nets GMS three locations between Ottawa and Ontario and more than 50 employees.
The funding for the rapidly scaling residential home service platform reportedly values Apex at $10 billion, and signals continued appetite for such platforms that are reshaping contractor buying power across key distribution end markets.
Healthcare products distributor Owens & Minor named a longtime medical supply executive as its new top leader, succeeding interim leader Christian Cook as the company continues operating as a standalone business under Platinum Equity ownership.
The test and measurement supplies distributor appointed five senior executives across sales, merchandising, strategy, HR and digital commerce as the Distribution Solutions Group subsidiary advances its AmpX growth strategy.
The automotive aftermarket warehouse distributor is backed by Oridian Capital Partners, formerly known as HCI Equity Partners.
A new survey from the National Association of Waterfront Employers found U.S. ports will need $6.7 billion in cargo handling equipment investments through 2031, including more than 100 new ship-to-shore cranes, as operators look to modernize terminals and maintain supply chain competitiveness.