News
Latest
Breaking news in Wholesale Distribution
The meeting highlighted AD's successes in 2022 and what's next for members and suppliers.
The merger, facilitated by a duo of private equity firms, will create a leading supplier in the aerospace industry.
Acquired from Illinois Tool Works, the purchase price is $59 million.
Mark Klein will succeed Sevan Demirdogen, who will remain with the company as Executive Chairman of the Board.
The seasonally adjusted annual rate of $1.795 trillion was 0.3% below the revised September estimate of $1.8 trillion.
The deals mark the 57th and 58th acquisitions for Imperial Dade under Chairman Robert Tillis and CEO Jason Tillis.
The industrial distributor says the deal will expand its HVAC presence in the Pacific Northwest.
The industrial manufacturing barometer fell another 1.2 points from October, continuing its year-long slide.
The rare, bipartisan legislation heads to President Biden's desk, where his expected signature would avert what NAW calls a catastrophic labor strike.
The energy will generate the approximate equivalent of nearly 8% of the company's total electricity usage, The Home Depot said.