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 »
News
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 »
B&J Welding Supply Nets Private Investment
Cordatus Capital formed American Gas Group to pursue acquisition of independent packaged gas distributors.
B&J Welding Supply Nets Private Investment Read More »
Eastern Metal Supply Acquires Orlando’s Eagle Metal Distributors
It adds to EMS’ footprint of 15 distribution and manufacturing facilities.
Eastern Metal Supply Acquires Orlando’s Eagle Metal Distributors Read More »
Cameron Ashley Opens 3rd Wisconsin DC
A new Milwaukee location will allow Cameron Ashley to offer its same-day and next-day delivery to more customers in eastern Wisconsin.
Cameron Ashley Opens 3rd Wisconsin DC Read More »
Hydraquip Joins IDCO
Hydraquip brings over four decades of experience in fluid power solutions to the cooperative.
Hydraquip Joins IDCO Read More »
Wesco Launches Tradespeople Scholarship Program
The distributor has made $200,000 in scholarships available for students entering skilled trades in the U.S. electrical industry.
Wesco Launches Tradespeople Scholarship Program Read More »
Advance: Monthly U.S. Durable Goods Orders Up 0.7% in April
April marked the first three-month gain streak since the spring of last year.
Advance: Monthly U.S. Durable Goods Orders Up 0.7% in April Read More »
Parts Town Expands Same-Day Delivery Service
A partnership with UPS-owned Roadie enables same-day delivery to a 50-mile radius from 130 U.S. locations.
Parts Town Expands Same-Day Delivery Service Read More »
California Teamsters Strike at Chemicals Distributor Brenntag
Eighteen Brenntag warehouse workers and truck drivers have been locked out of the company’s Richmond, CA location since May 21. See commentary from both sides here.
California Teamsters Strike at Chemicals Distributor Brenntag Read More »
No MDM Update Newsletter Monday
We’re off Monday in observance of Memorial Day in the U.S., so Update will be back in action Tuesday morning.
No MDM Update Newsletter Monday Read More »
AD Appoints 2 to U.S. Industrial & Safety Board
Horizon Distribution CEO and GT Midwest President join AD’s Industrial & Safety Board to help shape strategy for the business segment.
AD Appoints 2 to U.S. Industrial & Safety Board Read More »
