News
Latest
Breaking news in Wholesale Distribution
Despite rising project financing costs, contractors report lofty backlog, rising employment, expanding sales and stable profit margins.
Foodservice distributor Performance Food Group Co. started operations at its 332,000-square-foot distribution center in Richmond, Virginia.
Michael Krupnicki was appointed President of the American Welding Society to succeed Dennis Eck.
More than 900 AD members attended the 2023 AD North American Meeting — Industrial & Safety — U.S. and Safety Network Divisions in Colorado.
Sonepar celebrated the milestone at their four U.S. Sonepar corporate offices by participating in local philanthropic activities.
The company also said it will soon open a new 90,000-square-foot regional distribution center in Lower Burrell, Pennsylvania.
Year-to-date, however, orders have reached $2.23 billion, 12.6% lower than the first eight months of 2022.
The company said the new facility will complement existing plants and continue its near-shoring efforts to minimize supply chain risk.
The industrial distributor acquired Big Red Fasteners in 2022 as part of its long-term growth initiative.
