Core & Main May-June Sales Rise 5.5% as Profit & Margin Slide
Acquisitions drove sales growth while lower customer activity and adverse weather hurt profitability.
Core & Main May-June Sales Rise 5.5% as Profit & Margin Slide Read More »
News
Foundation Building Materials Acquires Unified Door & Hardware in NJ
FBM bought the New Jersey-based company from Dunes Point Capital.
Foundation Building Materials Acquires Unified Door & Hardware in NJ Read More »
Endries International Acquires ServTronics in Florida
Endries International expands its reach in the aerospace, defense, and medical sectors with the acquisition of ServTronics.
Endries International Acquires ServTronics in Florida Read More »
ECMD Acquires Falls City Lumber in Louisville
ECMD expands its building materials portfolio with Falls City Lumber, representing the ninth distributor on its platform.
ECMD Acquires Falls City Lumber in Louisville Read More »
Do It Best Adds Lumber to eCommerce Offering
Do it Best has enhanced its eCommerce platform by adding lumber, aiming to increase member sales and meet consumer demand online.
Do It Best Adds Lumber to eCommerce Offering Read More »
PMI Snaps Skid with Modest August Gain
Despite an August uptick that ended four straight months of decline, the latest reading indicated U.S. manufacturing continues to see weak demand.
PMI Snaps Skid with Modest August Gain Read More »
Porter Pipe Breaks Ground on Wisconsin DC
The facility is anticipated to open in Spring 2025, driving improved capabilities to customers within the region.
Porter Pipe Breaks Ground on Wisconsin DC Read More »
July U.S. Construction Spending Continued Slide
While up year-over-year, it declined monthly from a flat June.
July U.S. Construction Spending Continued Slide Read More »
Cardinal Health Opens At-Home Solutions DC in S. Carolina
The 350,000-square-foot distribution center will be the largest to support Cardinal Health’s at-home healthcare medical supplies business.
Cardinal Health Opens At-Home Solutions DC in S. Carolina Read More »
PSE Group Acquires Fellow Automotive Coatings Distributor in WV
With the addition of RMS Pro Finishes, PSE Group enters its 16th state and expands its footprint in the automotive refinish segment.
PSE Group Acquires Fellow Automotive Coatings Distributor in WV Read More »
Toolmaker Marshalltown to Add Kansas City DC
Marshalltown, which supplies tools to retailers including Home Depot and Lowe’s, will enhance its logistics capabilities with a new facility.
Toolmaker Marshalltown to Add Kansas City DC Read More »
No MDM Newsletter on Monday
We’re off Monday for Labor Day, and we hope you are too. Our Update newsletter will be back in action Tuesday morning.
No MDM Newsletter on Monday Read More »
Core & Main, Ferguson, Fortiline Named in PVC Price Collusion Lawsuit
A class action lawsuit alleges that leading PVC pipe manufacturers exploited supply chain disruptions to fix prices and overcharge customers.
Core & Main, Ferguson, Fortiline Named in PVC Price Collusion Lawsuit Read More »
Distributor Military Fasteners Gains Private Investment
PE firm Montage Partners invested in the mil-spec fasteners distributor and appointed David Ficadenti as its new CEO.
Distributor Military Fasteners Gains Private Investment Read More »
GMS Sees May-July Sales Growth Slow, Makes FL Acquisition
GMS’ organic sales declined in 1Q25, and it added Florida-based R.S. Elliot Specialty Supply earlier in August.
GMS Sees May-July Sales Growth Slow, Makes FL Acquisition Read More »
U.S. 2Q GDP Growth Revised Up to 3.0%
The U.S. economy’s growth increased in 2Q, driven by consumer spending and private inventory investment.
U.S. 2Q GDP Growth Revised Up to 3.0% Read More »
Seafood Distributor Pleads Guilty to Long Running Mislabeling Scheme
A Mississippi-based seafood distributor pleaded guilty to conspiring to mislabel seafood and wire fraud in a scheme spanning 2002-2019.
Seafood Distributor Pleads Guilty to Long Running Mislabeling Scheme Read More »
Builders FirstSource Acquires Wyoming Millwork in Delaware
Builders FirstSource expands its presence along the Atlantic coast with the acquisition of Milton, DE-based Wyoming Millwork Co.
Builders FirstSource Acquires Wyoming Millwork in Delaware Read More »
Kodiak BP Acquires San Antonio Masonry and Steel
It expands Kodiak Building Partners’ service offerings and operational capabilities in Texas, adding over 150 employees in the deal.
Kodiak BP Acquires San Antonio Masonry and Steel Read More »
Report: North America Cargo Theft Up 49% in 1H24
Cargo thefts increased drastically, especially in the Southern California “Red Zone”, which comprised 45% of all reported cargo thefts.
Report: North America Cargo Theft Up 49% in 1H24 Read More »
