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Breaking news in Wholesale Distribution
The distributor expands inventory access and regional Midwest support for data center construction and energy projects with the new facility.
Wholesale inventories continued to climb in April after sharp gains in February and March, though the latest advance came in below market expectations — a possible sign that recent stockloading is cooling.
SRS Distribution’s latest bolt-on adds a longtime Chicagoland commercial roofing business, continuing a busy 2026 acquisition pace for the Home Depot-owned distributor.
Minnesota-based CPM is a manufacturer of processing equipment used in oilseed and animal feed production, while North Carolina-based MW Components makes fasteners, springs and precision metal components.
Canals said the funding will accelerate product development for its AI-powered workflow suite used by more than 100 distributors.
The U.S. economy grew slower in early 2026 than first reported, as downward revisions to investment and consumer spending trimmed the Bureau’s initial estimate.
The Associated Press’ annual CEO compensation survey found that typical CEO pay rose nearly 6% in 2025, while median employee pay at S&P 500 companies increased 4.7%. We share the survey's key findings here.
It nets GMS three locations between Ottawa and Ontario and more than 50 employees.
The funding for the rapidly scaling residential home service platform reportedly values Apex at $10 billion, and signals continued appetite for such platforms that are reshaping contractor buying power across key distribution end markets.
Healthcare products distributor Owens & Minor named a longtime medical supply executive as its new top leader, succeeding interim leader Christian Cook as the company continues operating as a standalone business under Platinum Equity ownership.
