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Year-to-year food prices abated to 11.6%, which is historically high but also the lowest annual increase since October 2021.
A half-dozen distributors made Forbes' 2023 lists for Best Midsize and Large Employers, including a few on MDM's Top Distributors lists.
MDM looks at another round of earnings reports from industrial distributors and manufacturers.
Schaedler Yesco now operates a total of 27 locations following the acquisition.
With the acquisition, Seco says it will increase its presence in the medical segment offering integrated manufacturing solutions.
Rexel's full-year sales benefited from the company's acquisitions of Mayer and Horizon Solutions.
![ProjectSolve_Exterior_Cam1_101122[709]](https://www.mdm.com/wp-content/uploads/elementor/thumbs/ProjectSolve_Exterior_Cam1_101122709-scaled-e1676580957229-riq0sxs9mj9veh3ciypnxw7poqgtsryxzrkx9kphok.jpg "ProjectSolve_Exterior_Cam1_101122[709]")
FSPB-USA offers EZO high precision miniature, thin section and radial ball bearings used in a wide variety of applications.
December 2022 cutting tool consumption totaled $188.4 million, according to the U.S. Cutting Tool Institute and The Association For Manufacturing Technology.
The 40,000-square-foot facility is designed to deliver energy-efficient solutions to the region’s 'thriving' technology sector.
For all of 2022, the company reported $2.13 billion in revenue, according to NOW Inc.'s 4Q 2022 earnings announcement.
