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Dayton, Ohio-based Winsupply adds Akron, Ohio-based Discount Drainage Supplies to its portfolio.
Latest report shows U.S. cutting tool consumption also down 3.2% from the previous month of December.
Latest Chicago Fed National Activity Index (CFNAI) shows that two of the four broad categories of indicators used to construct the index made negative contributions in February, and all four decreased from January.
Distributor appoints Julianne Turk to lead the company’s financial processes and strategy development.
Outgoing President and CEO Don Fritzinger will become SBP’s chairman and remain engaged with the business and industry.
The company, which rebranded from AmazonSupply in 2015, also said it’s now being used by more than 5 million businesses across its marketplace.
Würth and subsidiary Northern Safety & Industrial to add a $125 million safety distributor to their portfolio.
But housing starts down compared to year-ago period and the previous month, according to the latest residential construction report from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
The distributor, which serves HVAC and plumbing contractors throughout East Tennessee, is led by Logan Hale, president of the new location.
The U.S. Census Bureau reported that the combined value of distributive trade sales and manufacturers’ shipments and inventories for January increased 7.1% from the same month last year.