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After selling wholesale distributor of wire rope and rigging products for $20 million, HWCC expects to use the net sales proceeds to reduce debt.
Wholesale trade shows slight improvement from 2019 and from the previous month of September, according to the latest report from the U.S. Census Bureau.
P.T. International, IPTCI Bearings and LMS Bearings unite under the master brand known as Solve Industrial Motion Group.
SiteOne bolsters its portfolio with the addition of Alpine Materials, a Dallas-based distributor of mulches, soils and hardscape materials to landscape professionals.
Amazon's new fulfillment centers in Oklahoma and Texas will create hundreds of new full-time jobs and give the company faster delivery times in the regions.
Darin Davenport, who most recently served as president and CEO of P.T. International, takes over key AD division.
The seasonally adjusted Fastener Distributor Index (FDI) for November was 54.5, down from 56.5 in October but still in the growth range.
NW Synergy, a joint venture of JanSan and facilities maintenance distributors, has added the Wichita, Kansas-based company to expand its footprint of product and service offerings.
