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Breaking news in Wholesale Distribution
Industrial supply distributor Turner Supply will purchase assets of Benchmark Industrial Supply in boost to abrasives and surface finishing.
Surveyed metalforming manufacturers show slightly improved outlook for incoming orders, while shipping levels remain steady.
To boost its distribution segment, which has logged organic growth for the last four years, AAR acquires ADI American Distributors.
U.S. durable goods orders were up across all categories in August, Â led by a surge in transportation equipment.
The U.S. Census Bureau reported a slight decline in wholesale and retail inventories in August alongside a declining trade deficit.
Growth is attributed to various process improvements and sales strategies NetPlus members have put in place, while some also nod to economic circumstances.
This is the 16th new organic branch location for NEFCO.
In its fifth acquisition of the year, SiteOne adds hardscapes products and landscape supplies distributor Autumn Ridge.
The combination unlocks over $25 million in expected annual cost synergies to be realized within three years, according to the company.
The plumbing and HVAC distributor completed the debt offering on Sept. 22 with 4.35% notes due in 2031.
