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The seasonally adjusted Fastener Distributor Index (FDI) for June was 55.8, down from 61.8 in March due to global supply chain issues.
"The absence of pandemic-related impacts produced significant shifts" in Fastenal's product mix, meaning fastener sales were up and safety sales were down.
The service provider for distributors has added the material handling equipment, systems and robotics firm to meet growing market demand for automated solutions.
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Building materials distributor adds Acorn Roofing Supply, Prairie State Exterior Products, and 55 Building Supply to its portfolio.
AMT President Woods said 2021 is shaping up to be a historic year as the bounce back from the pandemic continued.Â
Buying Robert G. Brewton will give Stellar Industrial Supply an immediate presence in the Northeast and Mid-Atlantic regions.
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