HARDI Distributors See 1.9% June Revenue Increase
HARDI reports a revenue increase for distributors in June, despite fewer billing days compared to last year.
HARDI Distributors See 1.9% June Revenue Increase Read More »
News
MCE Acquires Air Automation Engineering in MN
It’s MCE’s 14th bolt-on since the start of 2023.
MCE Acquires Air Automation Engineering in MN Read More »
US LBM Acquires L.D. Mullins Lumber in South Florida
US LBM now runs 18 locations in Florida including this latest acquisition.
US LBM Acquires L.D. Mullins Lumber in South Florida Read More »
Acquisitions Drive Beacon’s 6.8% Sales Growth in 2Q
Beacon said pricing and organic volumes drove about 3% combined sales growth during the quarter.
Acquisitions Drive Beacon’s 6.8% Sales Growth in 2Q Read More »
Ferguson is Now Officially Headquartered in the U.S.
It completes a years-long corporate transition for the distributor of plumbing, HVACR, PVF and industrial supplies.
Ferguson is Now Officially Headquartered in the U.S. Read More »
June U.S. Construction Spending Continued Unexpected Slide
Missing economists’ expectations, June was dragged down by both public and private construction.
June U.S. Construction Spending Continued Unexpected Slide Read More »
Rexel 2Q Comparable Sales Fell 2.4% YoY
Rexel reported sales in North America remained flat with some improvement, offset by challenging market activity in Europe.
Rexel 2Q Comparable Sales Fell 2.4% YoY Read More »
ISM’s July Manufacturing PMI Hits 8-Month Low
It’s the latest economic indicator that demand remains subdued in the U.S. manufacturing sector.
ISM’s July Manufacturing PMI Hits 8-Month Low Read More »
Wesco Sales Declines Continue in 2Q on Utility Slowdown
The company said customer destocking and the delay of capital projects clearly impacted its 2Q results.
Wesco Sales Declines Continue in 2Q on Utility Slowdown Read More »
AD’s 2024 1H Member Sales Rise 7% to Record Total
Membership growth for the contractor and industrial supplies buying group has outpaced the impact of consolidation, AD CEO Bill Weisberg said.
AD’s 2024 1H Member Sales Rise 7% to Record Total Read More »
DSG 2Q Organic Sales Fall YoY, Rise Sequentially
As expected, DSG’s organic sales declined compared to a year ago but sequential improvement was driven by increased sales in many end markets.
DSG 2Q Organic Sales Fall YoY, Rise Sequentially Read More »
Grainger Posts 3.1% Sales Growth in 2Q, Lowers Outlook
CEO D.G. Macpherson noted a “slow, but generally stable” demand backdrop.
Grainger Posts 3.1% Sales Growth in 2Q, Lowers Outlook Read More »
Bumax Expands U.S. Presence, Inks Deal with Master Distributor Star Stainless
Star Stainless will stock and supply BUMAX stainless steel products to fastener distribution and industrial suppliers across the U.S.
Bumax Expands U.S. Presence, Inks Deal with Master Distributor Star Stainless Read More »
Southern Glazer’s Makes New England Acquisition; Details Key Investments
The beverage alcohol distributor is set to add Horizon Beverage Group alongside numrous ongoing sales, digital and supply chain investments.
Southern Glazer’s Makes New England Acquisition; Details Key Investments Read More »
Elevated Industrial Appoints New CEO
Romy O’Daniel now leads the distributor after roles at Crescent Electric, HD Supply and Grainger.
Elevated Industrial Appoints New CEO Read More »
Fed Holds Rate, but Signals Cut is Near
Fed Chair Jerome Powell noted a long-awaited rate cut could happen as soon as mid-September, but was far from committal.
Fed Holds Rate, but Signals Cut is Near Read More »
Global Industrial’s 2Q Sales Growth Slows Further, but Gross Margin Improves
The distributor noted cautious customer purchasing and mixed monthly revenue performance.
Global Industrial’s 2Q Sales Growth Slows Further, but Gross Margin Improves Read More »
Kodiak Building Partners Appoints New IT Leaders
See who Kodiak has promoted to succeed current CIO Brad Becker upon his retirement at the end of the year.
Kodiak Building Partners Appoints New IT Leaders Read More »
Parker Hannifin to Divest North American Composites Unit
Parker Hannifin’s divestiture of several businesses in the past three years totals nearly $450 million in annual sales.
Parker Hannifin to Divest North American Composites Unit Read More »
Stanley B&D Organic Sales, Margins Improve Despite “Weak Consumer Backdrop”
Q2 growth driven by DEWALT, Outdoor Products and Engineered Fastening was offset by SBD’s divested Infrastructure segment earlier this year.
Stanley B&D Organic Sales, Margins Improve Despite “Weak Consumer Backdrop” Read More »
