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The distributor says the ‘unanticipated rapid rise’ in fuel costs has pushed its suppliers to increase delivery charges.
MDM welcomes content leader with deep industry experience as it strengthens industry coverage in 2022.
The personal consumption expenditures index, which is monitored by the Federal Reserve, jumped 6.4% in February.
A new estimate from the Bureau of Economic Analysis says real gross domestic product increased at an annual rate of 6.9% at the end of 2021.
In its latest earnings report, the company reported fiscal 2022 second-quarter net sales of $862.5 million.
The Columbus-based industrial distributor formerly known as Ohio Transmission Corp. announced the acquisition Wednesday.
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Christopher D. Stansbury is expected to depart from the company Friday, Colorado-based distributor Arrow Electronics said.
The company reached a deal with Novinium Holdings, a Washington-based cable rejuvenation solutions provider.
The health care solutions company finalized its previously announced acquisition of the integrated home health care equipment provider.
