Ascent specializes in data center facility and property management, offering solutions for data center operations in the U.S. and Canada.
Wesco to Buy Data Center Facility Management Servicer for $185M Read More »
The PMI reported the seventh consecutive month of contraction, amid weak demand and cautious investment.
Manufacturing PMI Hits Lowest Mark in 15 Months Read More »
AD added 115 new members in the first nine months of the year, which doesn’t include the influx of members from the IMARK Electrical merger.
AD’s Nine-Month Member Sales Up 6% to Record Figure Read More »
Optimum was a top customer whose contract expired at the end of June. Excluding that, 1Q sales saw double-digit annual growth.
Cardinal Health Sales Fall on Optimum Departure Read More »
The company raised its outlook for operating margins, driven by strong performance in its Aerospace Systems segment.
Parker Hannifin Posts Modest 1Q Sales Growth as Profit Jumps Read More »
Acquisitions earlier in 2024 and prior accounted for a healthy annual sales gain, emphasizing the strategic expansion of its customer base.
Acquisitions Power Distribution Solutions Group 3Q Growth as Organic Slides Read More »
Meanwhile, the bearings maker posted its 3Q results, made an Australasia acquisition and updated on its Automotive separation.
SKF Selling Pennsylvania Aerospace Supply Unit for $220M Read More »
Sterling Heights, MI-based D.F. Burnham is a distributor of hydraulic and pneumatic components.
Galco Acquires Hydraulics/Pneumatics Distributor in Michigan Read More »
The company’s WIS unit sale earlier this year drove most of its overall sales decline, while its CSS segment powered narrow organic growth.
Wesco Sees Modest 3Q Organic Growth as Margin Grows Read More »
The company cited a persistent “broader ecosystem inventory correction” causing a challenging market.
Arrow Electronics 3Q Sales Fall 15% Read More »
The organic gain outperformed compared to other industrial distributors in the July-September period.
Grainger Posts 4% Organic Growth in 3Q Amid “Slow but Steady Market” Read More »
Beacon set a company record for quarterly sales, with acquisitions largely driving year-over-year growth.
Acquisitions Power Beacon’s 7.6% Sales Growth in 3Q Read More »
The company is set to enhance its presence in Louisiana with a new facility that is expected to create around 20 jobs.
LoneStar Electric to Add New Orleans DC, 13th Overall Read More »
It decelerated from 2Q, reflecting a downturn in private inventory investment and residential fixed investment.
Advance: U.S. 3Q GDP Grew 2.8% Read More »
The company reported volume growth in key specialty product categories, while price deflation impacted overall sales.
BlueLinx 3Q Sales Fall 8%, Margin Dips Read More »
The company is anticipating a negative impact on sales from hurricanes Helene and Milton in its fourth quarter.
SiteOne Landscape Supply 3Q Sales Rise 6%, Organic Dips Read More »
Sales in both its Electronic Components and Farnell business units declined by double digits.
Avnet 1Q Sales Fall 11.6% as Margin Slides Read More »
The new facility is set to offer specialized handling for sensitive products available by early 2025.
Cardinal Health Opens New DC in Massachusetts Read More »
The company attributed its decline in sales to a challenging demand environment and continued softness in its core customer base.
Global Industrial 3Q Sales Slide, but Profit Grows Read More »
These reports deliver a wealth of wholesale distribution economic metrics and dealmaking analysis covering July-September.
MDM’s 3Q MarketPulse, M&A Reports Now Available Read More »
By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.
Wholesale distribution news and trends delivered right to your inbox.
Sign-up for our free newsletter and get:
