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![Kimball Midwest Newtown Sign[7]](https://www.mdm.com/wp-content/uploads/elementor/thumbs/Kimball-Midwest-Newtown-Sign7-riq0vg0rumped1g9w1pul9fypq42bpx6c67jc4zp38.jpg "Kimball Midwest Newtown Sign[7]")
A 20-year company veteran is the MRO supplies distributors' new technology leader.
The new executive operating partner has more than 35 years of experience across the full automation value chain, spanning distribution, manufacturing and private equity-backed operations.
The purchase boosts US LBM's presence in the fast-growing Charlotte metro market.
It marks the 16 location overall and second in Illinois for the fasteners and industrial supplies distributor.
Adding five Dallas-Ft. Worth-area locations, the move strengthens MCE's hydraulic repair capabilities and enables it to better serve the full lifecycle, fluid power needs of customers.
Veritiv adds a Tampa,FL-based distributor of core packaging products and a Lakewood, NJ distributor of corrugated packaging products.
Core inflation likewise jumped, while a major increase in the index for final demand services was driven by widened margins for machinery and equipment wholesalers.
Resideo filed its Form 10 registration statement with the SEC for the planned spin-off of ADI Global Distribution, while also reporting solid 1Q26 growth for the distribution business. The company detailed the future leadership teams and boards for both standalone companies as the separation remains on track for later this year.
Graybar continues its acquisitive push with a deal for California-based American Electric Supply, strengthening its electrical distribution presence in Southern California following a record-setting first quarter.
Surging energy prices continue to skew top-line CPI results, while core inflation was above market expectations. Get the key numbers and charts here.
