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With the acquisition of Wise Safety & Environmental, Portland, Oregon-based distributor Mallory expands national footprint with 24-hour delivery, MRO and industrial services including vending, training and supply-chain management.
Mill Road Capital Management LLC and its affiliated funds last week made an offer of $2.75 per share for the building materials distributor.
Responses vary widely among participants in this week’s PRI, which Indian River Consulting Group has been running since the start of the COVID-19 pandemic.
Naperville, Illinois-based hand tool manufacturer C.H. Hanson has acquired Cleveland-based Superior Tool, which has been making plumbing tools since the 1940s.
Sales increase 10% in the Americas as 3M appears to have turned a corner related to uncertainty surrounding the COVID-19 pandemic.
Amazon's new fulfillment center and delivery station in the Dallas-Fort Worth metroplex town will create hundreds of new full-time jobs and give the company faster delivery times in the area.
In its first earnings report since completing the $4.5 billion acquisition of Anixter International Inc., WESCO notched a loss of $34.5 million.
Roofing distributor names Samuel Guzman Jr. to role, replacing interim CAO Thomas Schmitz.
The seasonally adjusted Fastener Distributor Index (FDI) for July was 54.6, consistent with improving momentum (above 50 reading) but at a slower rate versus the improvement seen in June.
Like most companies, Applied was impacted in the period by the COVID-19 crisis and saw fourth-quarter sales fall 17.9% over the same period in 2019.