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US Foods announced the CEO appointment of Dave Flitman one week after Builders FirstSource announced his departure.
ERIKS ranked No. 4 in MDM’s 2022 Top Hose/Accessories Distributor list.
This increase, up seven of the last eight months, followed a 0.3% increase in September.
The next phase of the bearing and seal manufacturer's expansion is expected to complete in 2024.
The distributor said the added funds will enable it to reinvest in the business and pursue further organic growth and targeted acquisitions.
Bob Zamarripa was OneSource Distributors’ Chairman and CEO until 2013 and has served on numerous other boards of leading industrial distributors and manufacturers.
The precision tools maker said the move from Waukesha, Wisconsin, was done to be closer to its growing customer base.
The MDM staff hopes you're able to enjoy a long Thanksgiving weekend. Our daily newsletter will resume Monday morning.
The findings detail what portion of distributors are part of a buying group and how many have rebate programs with their top suppliers.
It adds approximately $100 million in revenue to CED.