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An Associated Builders and Contractors analysis of Producer Price Index data shows prices increased over November.
The Producer Price Index for final demand increased 0.2% in December, the U.S. Bureau of Labor Statistics reported.
The St. Louis-based electrical, communications and data networking distributor said SVP and CFO Scott Clifford will retire in June.
The Tacoma, Washington-based MRO distributor says it has reached a deal to acquire supply firm JLM Industrial Supply.
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The middle-market private equity firm sold its majority interest in Rosboro Holdings, Inc. to One Equity Partners.
The Oklahoma-based distributor of metalworking and mission critical industrial products says it acquired the Ohio-based supply company.
Today’s podcast and summary in this edition of MDM Update is Elizabeth Galentine's last contribution for MDM. We’re sorry to see her go but excited for the next opportunity she is pursuing. Elizabeth has been MDM’s editor-in-chief for four years and has guided our content through very disruptive times. (She banned the team’s use of "unprecedented" to describe events of 2020.) That’s just one example of her thoughtful approach to cutting through noise and jargon — one of the hallmarks of our coverage of this industry since 1967. The team at MDM will miss her, and we wish her the best in her next venture!
Orders surpassed $650 million during the month, according to the latest U.S. Manufacturing Technology Orders Report.
The construction supply company says it completed a deal to acquire the Vermont-based supplier, which also serves New York and New Hampshire.