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Breaking news in Wholesale Distribution
Global Industrial — a Systemax Inc. subsidiary and MRO distributor — this week announced a refresh for its tagline to better convey company’s mission.
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Texas-based landscape distributor Heritage adds family-owned Wolf Creek Co. to its growing portfolio.
Wholesale trade shows slight decline from same month in 2019 but up slightly from the previous month of October, according to the latest report from the U.S. Census Bureau.
The seasonally adjusted Fastener Distributor Index (FDI) for December was 62.6, up from 54.5 in November.
The $11.2 million 104,000-square-foot building will house Motion’s area fluid power shop, hose and rubber shop and engineering department.
Company unloads Mississippi-based distributor for $20 million in order to reduce debt.
Increase of manufactured durable goods for the month is the seventh in a row after two decreases during the height of the coronavirus crisis.
