News
Latest
Breaking news in Wholesale Distribution
The company said the transfer of production from Avallon to St-Cyr “enables a more competitive and flexible offer to customers, as well as the realization of synergies from the existing service center and logistics capabilities in Saint-Cyr.”
Arceo will lead the Phoenix branch team as plastic supplier Curbell Plastics continues to expand in the Southwest.
Building materials distributor BMC Stock Holdings announced during the period that it was merging with Builders FirstSource in a mammoth $2.5 billion deal.
This merger joins Delta’s members with AD’s PVF members and will bring collective member sales in AD’s PVF Division to more than $11 billion.
The September figure is 1.5% above the September 2019 estimate and 0.3% above the revised August estimate; year to date, construction spending is up 4.1%.
Following the acquisition, Zeeland’s leadership team will remain with the company, including Mark Miller, who will serve as president, and Mike Dykstra and Rob Groothuis in key leadership roles.
Heating, Air-conditioning & Refrigeration Distributors International (HARDI) this week released its monthly TRENDS report, showing the average sales performance by HARDI distributors was an increase of 13.9% during September.
The October PMI registered 59.3%, an increase of 3.9% from the September reading of 55.4% — and the sixth consecutive month of expansion.
Electrical distributor appoints co-CEO Kathleen Shanahan to top post; she becomes the first non-family CEO in company history and replaces Jayne Millard.
Buying group also reports that group purchases from AD suppliers were down 2% in the first nine months of 2020.