Ferguson Nets $28.6B Sales in Fiscal 2022
The world’s largest plumbing products distributor saw 21.4% growth in the May-July period.
Type: News
3M Launches New Platform to Combat Counterfeits
The Verify platform aims to help consumers, distributors, employees and the general public avoid buying counterfeit 3M products.
LeadSmart, Moblico Announce Strategic Partnership
The two companies on Sept. 23 jointly announced a strategic partnership and technology integration plan.
CFNAI Index: Growth Moderated in August
Led by declines in production-related indicators, the Chicago Fed National ActivityIndex decreased to a neutral value in August from +0.29 in July.
WrangleWorks Open-Sources its Wrangles Python Package
Wrangles is used to dramatically reduce the Python knowledge and code required to clean and semantically enrich data.
Optimas Details its BI Capabilities Advancements
The company said its new benchmark includes onboarding key BI personnel, implementing new analytics tools and publishing custom reporting.
Honeywell Adds New Leader for Performance Materials and Technologies
Lucian Boldea joins Honeywell from Eastman Chemical.
FedEx Raising Shipping Rates by 6.9% Outlines Cost Cuts
The company's June-August revenue increased slightly on higher fees, while profits fell considerably.
TricorBraun to Acquire Mark’s Barrel Company
The transaction for Utah-based MBC is expected to close in October.
Core & Main to Acquire Fire Protection Distributor in Hawaii
It marks the sixth acquisition of the year for Core & Main.
Fed Makes 3rd Straight Major Rate Hike, Signals More to Come
The latest 0.75 percentage point increase brings the Fed's benchmark interest rate to its highest mark since early 2008.
OSHA Reveals 2022 Top 10 Safety Violations
Fall Protection remained atop the list of violations in 2022, though there was some shifting elsewhere in the top 10.
Grainger Expects Sales to Near $20B by 2025
The MRO products giant's annual Investor Day event outlined the company's three-year performance projections, which include continued strong sales growth.
Builder Confidence Declines for 9th Straight Month
Builder confidence in the market for newly built single-family homes fell again in September.
Home Depot Expands Reporting on Diversity and Deforestation Efforts
The reporting will expand on information previously provided in Home Depot's ESG report.
Epicor Hires New Chief Marketing Officer
Jenny Victor brings more than two decades of product, corporate and marketing leadership experience to Epicor.
Motion Launches New Website for MotionAi
The new website unites the legacy of recently-acquired automation intelligence and comes seven months after MotionAi was launched.
FedEx to Slash Costs Over Dim Earnings Forecast
Among other cuts, the company says it is reducing flights and closing 90 office locations after projecting major revenue shortfalls.
ASA Adds Former Winsupply Exec to Lead Labor Effort
Steve Edwards will work to develop and expand a marketing and communication strategy to create awareness of PHCP/PVF career opportunities.
