Belt Power Acquires Mol Belting Systems in MI
Grand Rapids, MI-based Mol is a fabricator and distributor of process conveyor belting systems, accessories and power transmission products.
Belt Power Acquires Mol Belting Systems in MI Read More »
News
Macomb Group Acquires Trident Fire & Fabrication in NJ
With the deal, The Macomb Group’s Fire Fabrication Division has production capacity in Michigan, New Jersey, North Carolina, Ohio and Pennsylvania.
Macomb Group Acquires Trident Fire & Fabrication in NJ Read More »
GMS Ends Fiscal Year with 4Q Organic Rebound
The distributor saw sequential improvement in 4Q as volume growth across major product lines was partially offset by steel price deflation.
GMS Ends Fiscal Year with 4Q Organic Rebound Read More »
AFC Industries Acquires Circle Bolt & Nut from Optimas
Fasteners and industrial supplies distributor AFC Industries marks its fourth deal of the year following seven acquisitions in 2023.
AFC Industries Acquires Circle Bolt & Nut from Optimas Read More »
Air Distribution Technologies Privately Acquired from Johnson Controls
A middle-market PE firm will acquire and expand air management and filtration solutions manufacturer Air Distribution Technologies.
Air Distribution Technologies Privately Acquired from Johnson Controls Read More »
Home Depot Completes $18 Billion Purchase of SRS Distribution
The company says the deal allows it to better serve the “complex purchase occasion” and establishes it as a leading specialty trade distributor across multiple vehicles.
Home Depot Completes $18 Billion Purchase of SRS Distribution Read More »
Kodiak Building Partners Acquires Simonsen Lumber in MN
With over six locations in central Minnesota, Simonson Lumber’s presence will enable Kodiak to meet construction demand in the state.
Kodiak Building Partners Acquires Simonsen Lumber in MN Read More »
U.S. Industrial Production Makes Biggest Jump in 10 Months
It far surpassed economists’ expectations and followed two straight flat months.
U.S. Industrial Production Makes Biggest Jump in 10 Months Read More »
No MDM Update Newsletter on Wednesday
MDM won’t deploy an Update newsletter on Wednesday while we’re off for the Juneteenth Federal holiday. We’ll be back in action Thursday.
No MDM Update Newsletter on Wednesday Read More »
Adhesives & Sealant Council Adds 15 Members
ASC welcomed new members who represent segments of the adhesive and sealant supply chain, including raw materials suppliers.
Adhesives & Sealant Council Adds 15 Members Read More »
TTDS Acquires Thermal Devices; 4th Deal since 2023 Launch
Thermal Technology Distribution Solutions expands its footprint in the mid-Atlantic and increases its heat trace and engineering offerings.
TTDS Acquires Thermal Devices; 4th Deal since 2023 Launch Read More »
MRC Wins ExxonMobile North American Distribution Deal
MRC Global’s U.S. subsidiary will be the primary provider of pipe, valves and fitting products and services to ExxonMobil in North America.
MRC Wins ExxonMobile North American Distribution Deal Read More »
Komatsu’s Gee Heavy Machinery Appoints Sales Leader
Tim Cantu joins construction equipment distributor Gee Heavy Machinery to oversee its sales team and help develop sales strategies.
Komatsu’s Gee Heavy Machinery Appoints Sales Leader Read More »
QXO Nets $3.5B in Post-Launch Private Placement
Investors of the new publicly-traded building materials distributor QXO include long-time XPO shareholders.
QXO Nets $3.5B in Post-Launch Private Placement Read More »
MSC Sharply Lowers Outlook, Cites Softer than Expected Spring Results
MSC cited complexities in its web pricing realignment rollout as hurting March-May results, alongside weakness in heavy manufacturing.
MSC Sharply Lowers Outlook, Cites Softer than Expected Spring Results Read More »
Hengst Filtration Acquires Hydraulic Specialist Main Filter
The addition of Main Filter gives German-based Hengst the ability to supply customers in North America through local production.
Hengst Filtration Acquires Hydraulic Specialist Main Filter Read More »
White Cup Acquires Fellow CRM Provider Sales Management Plus
Customer Relationship Management companies SMP and White Cup will join together to collectively serve the distribution sector.
White Cup Acquires Fellow CRM Provider Sales Management Plus Read More »
Epicor Acquires PIM Provider KYKLO
Epicor noted that the transaction accelerates the delivery of its AI-driven cognitive ERP vision.
Epicor Acquires PIM Provider KYKLO Read More »
U.S. Fed Holds Rate, Eyes Only 1 Rate Cut This Year
The U.S. central bank had collectively forecasted three interest rate cuts in 2024 as recently as March 21.
U.S. Fed Holds Rate, Eyes Only 1 Rate Cut This Year Read More »
PPI: May Wholesale Prices Unexpectedly Fell 0.2%
Overall, May’s reading indicated that inflation pressures are easing.
PPI: May Wholesale Prices Unexpectedly Fell 0.2% Read More »
