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The fasteners and hardware products distributor is acquiring Kanebridge to establish a U.S. industrial master distribution platform. Hillman separately reported 10% second-quarter sales growth and raised its 2026 outlook.
The MRO distributor posted 9.3% average daily sales growth, while $26.2 million in IEEPA tariff refunds boosted its reported gross margin and earnings.
The acquisition expands Motion & Control Enterprises’ pump and process solutions footprint in Wisconsin, following two May deals that strengthened its hydraulic, motor and process equipment repair capabilities in Texas and Florida.
Grainger delivered double-digit 2Q sales growth across both business segments, accompanied by sizable profit and margin gains. The MRO distributor raised its 2026 outlook for the second consecutive quarter. Get all the key figures here.
U.S. construction spending edged higher in May, helpeThe monthly dip came as non-data center commercial activity fell, while nonresidential activity improved.d by continued public sector gains and residential improvement. Private nonresidential spending, however, declined for an eighth straight month. Get all the key data and charts here.
The economic indicator expanded faster than market expectations on the strength of a considerable month-to-month production increase alongside employment.
The security and low-voltage products distributor added an interactive customer education center and a 40,000-square-foot fulfillment hub near its Pittsburgh headquarters.
AD reported double-digit first-half growth in member sales and same-store sales as the buying group continued expanding its membership and moved toward acquiring national accounts-focused MRO network supplyFORCE.
The deal expands Turner Supply’s service coverage across Coastal Georgia and South Carolina while adding its 10th stocking location and sixth acquisition since 2019.
The tuck-in deal adds two Southeast manufacturing plants and expands Builders FirstSource’s turnkey framing capabilities across structural design, component production, delivery, installation and field supervision.
