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Breaking news in Wholesale Distribution
A Federal Reserve Bank of Atlanta survey found that most companies receiving tariff refunds expect to retain at least some of the money as cash, though more than half also plan to direct a portion toward R&D or capital investments. We detail the findings here.
The deal combines R&B Wholesale’s western U.S. appliance distribution footprint with Grand Appliance’s Midwest retail and distribution network, about 17 months after Platinum Equity invested in R&B.
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The deal adds Syracuse Thermal’s HVAC, plumbing and hydronic heating capabilities in Central New York to Cummins-Wagner’s expanding regional operations.
The new hire joins Meritus to lead enterprise AI initiatives spanning use-case development, governance, security and training as the industrial gases and welding supplies distributor continues to expand through acquisitions.
World Electric, a Sonepar company, opened a new branch in Port St. Lucie, FL, with and plans for more in the state.
Robert Madden Industries acquired Shore Distributors, expanding RMI's service footprint into Maryland, Delaware and Virginia.
Manufacturing output fell month-over-month following a July increase, mining ticked up, while the index for utilities jumped on electrical. Get all the key figures here.
More quotes doesn't always mean more sales. This piece details why the biggest leak in your sales pipeline happens before the quote, and how a back-to-basics approach will best position you to get the most value out of CRM, AI and whatever technology comes next.
MROP distributor Stellar said the outside investment will provide long-term capital and operational resources while preserving the company’s leadership team, customer-focused culture and strategic direction.
