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Michael Knight rejoins the company where he spent 18 years before leading fasteners distributor Endries International.
The move to acquire the "long-standing strategic partner" expands SYSPRO’s capabilities in warehouse and inventory management.
The hardware products distributor's net sales increased to $402.8M, led by growth in the hardware & protective and robotics & digital product categories.
Ferguson's fiscal 2025 netted nine acquisitions in all, with combined revenues of approximately $300 million.
Continuing a stretch of pronounced volatility, a plunge in transportation orders — primarily civilian aircraft — drove the June decline after they surged in May.
GME Supply appointed a new Vice President of Product Management to lead sourcing, supplier relations and product strategy.
Connectronics is a supplier of wireless networking and connectivity products, serving commercial, service provider, mining, hospitality and enterprise sectors.
It took a year to finalize, but the deal doubles the size of Bosch's Home Comfort business, significantly expanding its presence in the U.S. and Asia.
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U.S. construction spending declined in June for the fourth straight month, driven by continued drops in private residential and nonresidential activity.
