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Started in a vacant basement, 84 Lumber has expanded to become the United States' largest privately-owned building materials distributor.
On Jan. 5, the home improvement retailer unveiled three new membership tiers: Member, Elite and VIP.
The company said it's expanding its presence as a leading authorized Rockwell Automation distributor as it strengthens its California Region.
Marc Strandquist has joined the industrial distributor as EVP of its Fastening Solutions Division.
He will be responsible for businesses including Bosch Power Tools and Accessories, Measuring Tools, Dremel Rotary Tools and RotoZip Brands.
The industrial supplies redistributing platform announced three key changes to its sales team for the new year.
Carole Phillips joined Hillenbrand in September 2022 and worked closely with former Chief Procurement Officer Mike Prado, who retired.
Sonepar is off to a fast start in 2023, having already made two acquisitions in the new year.
The cuts are nearly double the 10,000 layoffs Amazon said it was targeting in November.
The distributor posted operating income of $116 million as it had yet another month with double-digit year-over-year quarterly sales growth.
