Border States Unveils Organizational Changes
The electrical distributor detailed a new operating model, new distribution centers and new leadership changes.
Border States Unveils Organizational Changes Read More »
News
US LBM Acquires RAKS Building Supply in New Mexico
Specialty building materials distributor US LBM expands its network in the Albuquerque region, which has been a high-demand housing market.
US LBM Acquires RAKS Building Supply in New Mexico Read More »
Ingersoll Rand Buys ILC Dover for $2.3B, Makes 3 Other Deals
Following close of ILC Dover, flow creation and industrial product maker Ingersoll Rand acquired three manufacturers for about $150 million combined.
Ingersoll Rand Buys ILC Dover for $2.3B, Makes 3 Other Deals Read More »
AD to Merge with IMARK Electrical
It will result in a new division within AD that represents more than 700 independent electrical distributors in the U.S.
AD to Merge with IMARK Electrical Read More »
Imperial Dade Acquires Regional Distributors Inc. in Western NY
Imperial Dade marks its 12th deal of the year with JanSan and paper product distributor Regional Distributors Inc. in Upstate New York.
Imperial Dade Acquires Regional Distributors Inc. in Western NY Read More »
Ferguson 3Q Sales Up 2.4%, Organic Dips
Ferguson said weakness in certain commodity categories persisted in the quarter, driving overall price deflation of about 2%.
Ferguson 3Q Sales Up 2.4%, Organic Dips Read More »
Core & Main Feb-April Sales Jump 10.6% YoY
Recent acquisitions drove most of the growth, more than doubling that of 4Q23.
Core & Main Feb-April Sales Jump 10.6% YoY Read More »
Monthly U.S. Construction Spending Dipped 0.1% in April
Year-to-date, spending is pacing strong at 10.9% above the first four months in 2023.
Monthly U.S. Construction Spending Dipped 0.1% in April Read More »
TTDS Acquires Southwest Heater and Controls in Dallas
The acquisition of SWHC marks the third deal in TTDS history as it builds out its thermal management solutions.
TTDS Acquires Southwest Heater and Controls in Dallas Read More »
MCE Acquires Mid-Atlantic’s Ives Equipment
Pennslyvania-based industrial and fluid power distributor Motion & Control Enterprises marks its 12th acquisition since 2023.
MCE Acquires Mid-Atlantic’s Ives Equipment Read More »
US LBM Taps Masonite CFO for Same Position
Specialty building materials distributor US LBM names Russell Tiejema as Executive Vice President and CFO to succeed Patrick McGuiness.
US LBM Taps Masonite CFO for Same Position Read More »
ISM Manufacturing PMI Contracts Another Half-Point in May
The industrial economy barometer has been in contraction territory for 18 of the past 19 months through May.
ISM Manufacturing PMI Contracts Another Half-Point in May Read More »
STAFDA Announces Session Speakers for Fall Convention
STAFDA’s 48th Annual Convention will feature an economic update from Alan Beaulieu, a session on sales growth from Dorn Group and more.
STAFDA Announces Session Speakers for Fall Convention Read More »
Brennan Industries Opens DC in Mexico
Hydraulic and pneumatic fitting distributor Brennan has established a local presence in Mexico to align with customer operations.Â
Brennan Industries Opens DC in Mexico Read More »
1Q U.S. GDP Revised Down from 1.6% to 1.3%
More sluggish than previously estimated, it marked the slowest growth quarter since 2Q22.
1Q U.S. GDP Revised Down from 1.6% to 1.3% Read More »
Longtime IMARK Marketing Leader Ruane to Retire
Steve Ruane will retire at the end of 2024 after 23 years with the member-owned distribution group.
Longtime IMARK Marketing Leader Ruane to Retire Read More »
Wesco Details Progress on 2030 Sustainability Goals
Wesco said it has already met one of its key 2030 ESG goals, and is on track to achieve another.
Wesco Details Progress on 2030 Sustainability Goals Read More »
Tencarva Machinery Acquires Tri-State Coating & Machine
Tencarva gains a West Virginia-based distributor of specialized thermal coating services and related parts.
Tencarva Machinery Acquires Tri-State Coating & Machine Read More »
Sonepar’s Northeast Electrical to Acquire Electric Supply Center
It adds six branches and 130 employees across Massachusetts and New Hampshire.
Sonepar’s Northeast Electrical to Acquire Electric Supply Center Read More »
Kennametal Arkansas Plant Damaged by Tornado
Kennametal is working to restore production at its Rogers, AK, facility to minimize shipment delays to customers.
Kennametal Arkansas Plant Damaged by Tornado Read More »
