MSC Sees Steep 4Q Profit Slide as Sales Fall 8%
Although sales decreased, the full-year gross margin increased by 70 basis points compared to the previous year, reaching 41.2%.
MSC Sees Steep 4Q Profit Slide as Sales Fall 8% Read More »
News
NEFCO Acquires Sheinberg Tool in Corpus Christi
NEFCO strengthens its Texas presence with the acquisition and expands to 43 branch locations in the U.S.
NEFCO Acquires Sheinberg Tool in Corpus Christi Read More »
IMF: Global Inflation to Cool to 4.3% by End of 2025
The IMF projects a decrease in global inflation while predicting slower 2025 economic growth in the U.S. and other regions.
IMF: Global Inflation to Cool to 4.3% by End of 2025 Read More »
HCI Equity Launches Automotive Aftermarket Distributor with Chicago Acquisition
HCI has formed Driven Distribution Group via acquiring Chicago Parts & Sounds, a distributor of auto parts and accessories.
HCI Equity Launches Automotive Aftermarket Distributor with Chicago Acquisition Read More »
White Cap to Acquire Triumph Geo-Synthetics in Anaheim
Southern California-based Triumph Geo-Synthetics is a geosynthetics and erosion control solutions distributor.
White Cap to Acquire Triumph Geo-Synthetics in Anaheim Read More »
Watsco 3Q Sales Rise 2% YoY, Margin Narrows
The company’s 3Q results showed stronger unit sales and digital growth, despite slight decreases in gross and operating margins.
Watsco 3Q Sales Rise 2% YoY, Margin Narrows Read More »
PTDA & BSA Add 4 Categories to PIE Technology Platform
PTDA and BSA expanded PIE, a product information platform for industrial manufacturers and distributors, to 32 offerings.
PTDA & BSA Add 4 Categories to PIE Technology Platform Read More »
3M Safety & Industrial Organic Sales Tick Up in 3Q
3M reported a 1.0% year-over-year increase in organic growth.
3M Safety & Industrial Organic Sales Tick Up in 3Q Read More »
Rexel 3Q U.S. Sales Up 1.1% YoY
Rexel posted modest U.S. sales growth, reflecting strong performance in core electrical distribution despite weather-related challenges.
Rexel 3Q U.S. Sales Up 1.1% YoY Read More »
SRS’ Heritage Acquires Fellow Landscape Distributor in New Hampshire
Freshwater Farms is a distributor of hardscapes, bulk materials and nursery products.
SRS’ Heritage Acquires Fellow Landscape Distributor in New Hampshire Read More »
Motion 3Q U.S. Sales Down 1.2% YoY
Year-over-year sales and profit continued to slide at Motion, reflecting challenges in the industrial sector.
Motion 3Q U.S. Sales Down 1.2% YoY Read More »
France’s Motul Acquires Metalworking Fluids Maker Chem Arrow
Chem Arrow is a California-based supplier of lubricants to the HVAC market.
France’s Motul Acquires Metalworking Fluids Maker Chem Arrow Read More »
Boeing, Union Reach Tentative Deal for 35% Increase
The tentative agreement omits a traditional pension plan while Boeing contends with workforce reductions and financial restructuring.
Boeing, Union Reach Tentative Deal for 35% Increase Read More »
September U.S. Housing Starts Dip 0.5%
The report shows a decline in housing units and starts, despite a slight increase in single-family authorizations.
September U.S. Housing Starts Dip 0.5% Read More »
PTDA Adds 2 Manufacturers, 1 Associate Member
PTDA strengthened its support for distributors in the power transmission sector with the addition of ComInTec, UNIMEC and BearingBank.
PTDA Adds 2 Manufacturers, 1 Associate Member Read More »
SupplyOne Acquires Gulf Packaging
SuplpyOne expands its presence in the Southeast U.S. with the acquisition of Alabama-based supplier of corrugated boxes and displays.
SupplyOne Acquires Gulf Packaging Read More »
Do it Best Pushes Stability Message Amid Offers to True Value Members
Following statements from Orgill and the Hardlines Distribution Alliance, Do it Best reassured True Value retailers of its commitment to stability and support.
Do it Best Pushes Stability Message Amid Offers to True Value Members Read More »
PPG to Sell Architectural Coatings Unit in $550M Deal
The company also announced a cost reduction program that includes cutting 1,800 jobs.
PPG to Sell Architectural Coatings Unit in $550M Deal Read More »
Boeing Strike, Hurricanes Stifle September U.S. Industrial Production
Following a solid August gain, September saw a decrease in production, driven by decreases in manufacturing, mining and utilities.
Boeing Strike, Hurricanes Stifle September U.S. Industrial Production Read More »
Beacon to Make Commercial Leader Succession
The company appointed a new President for its North Division, effective Jan.1, as the current president transitions to Executive VP and CCO.
Beacon to Make Commercial Leader Succession Read More »
