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The U.S. Census Bureau reported the combined value of distributive trade sales and manufacturers’ shipments and inventories for May increased by 28.7% from the same month in 2020.
The new PE owner of the recently formed bearings supplier will look to expand the company’s reach and capture additional market share through organic growth and acquisitions.
In 2Q, total industrial production rose at an annual rate of 5.5%, according to the Federal Reserve's latest Industrial Production and Capacity Utilization Report.
In his new job, Buelow will oversee all of DSG’s sales and marketing functions across its entire footprint.
SpartanNash’s fulfillment center will help ramp up grocery deliveries to customers and stores throughout West Michigan.
For its initial public offering, Core & Main is offering around 34.9 million shares at a price range of $20 to $23 per share.
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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