Independent Electric Merges into Sonepar Trio
Electrical materials supplier Independent Electric will rebrand and restructure to enable more efficient operation.
Independent Electric Merges into Sonepar Trio Read More »
News
CD&R Buys “Significant” Stake in Foundation Building Materials
Fellow private equity firm American Securities, which acquired FBM in 2021, retains a majority stake in the distributor.
CD&R Buys “Significant” Stake in Foundation Building Materials Read More »
UPS to Cut 12,000 Jobs As Volume Falls
UPS plans to cut 12,000 jobs this year to realize $1 billion in cost savings after both domestic and international volumes have suffered.
UPS to Cut 12,000 Jobs As Volume Falls Read More »
Schneider Electric Division Hit by Ransomware Attack
Terabytes of data were stolen from manufacturing giant Schneider Electric’s sustainability division in a ransomware attack on Jan. 17.
Schneider Electric Division Hit by Ransomware Attack Read More »
Proton Launches Pronto: An AI Chatbot Built Specifically for Distributors
Proton describes it as the first conversational AI chatbot designed specifically for distributors and exclusively for Proton CRM customers.
Proton Launches Pronto: An AI Chatbot Built Specifically for Distributors Read More »
PVF Distributor Macomb Group Expands in Indianapolis
The company is bringing its full scope of PVF product and more to a 40,000-SF facility near the Indianapolis International Airport.
PVF Distributor Macomb Group Expands in Indianapolis Read More »
Performance Food Group Doubles New Jersey Facility Size
Food distributor and supplier PFG’s renewed and expanded New Jersey facility will service its Mid-Atlantic operations for Vistar.
Performance Food Group Doubles New Jersey Facility Size Read More »
Hood Container Acquires Sumter Packaging
Mill-to-market corrugated packing manufacturer Hood Container acquired Sumter Packaging Corp. in the Southeast.
Hood Container Acquires Sumter Packaging Read More »
MEIDOH Acquires Pilgrim Aerospace Fasteners
Automotive fastener manufacturer MEIDOH moves to diversify its business with the addition of Arizona-based Pilgrim Aerospace Fasteners.
MEIDOH Acquires Pilgrim Aerospace Fasteners Read More »
Würth Group Annual Sales Top $20 Billion for First Time
Despite the tense global economic and political climate, Germany-based industrial distributor Würth Group’s sales grew by 2.4%.
Würth Group Annual Sales Top $20 Billion for First Time Read More »
Ficodis’ Intercity Industrial Adds SDI Supplies in Canada
Intercity Industrial Supply will offer an expanded product portfolio with the addition of industrial supplier SDI Supplies.
Ficodis’ Intercity Industrial Adds SDI Supplies in Canada Read More »
Applied’s 2Q Sales Slow, But Margin and EBITDA Tick Up
Organic sales narrowly dipped year-over-year as modest growth in Applied’s Service Center segment offset a decline in Engineered Solutions.
Applied’s 2Q Sales Slow, But Margin and EBITDA Tick Up Read More »
anyseals Rolls Out Bulk Pricing Structure for Distributors
anyseals’ streamlined operations have resulted in more competitive pricing on large-volume orders.
anyseals Rolls Out Bulk Pricing Structure for Distributors Read More »
Advance: December U.S. Wholesale Inventories Up 0.4%
Exports of industrial supplies saw a healthy rebound from a November decline.
Advance: December U.S. Wholesale Inventories Up 0.4% Read More »
Advance: U.S. Durable Goods Orders Flat in December
Following their biggest gain in 28 months during November, orders were virtually unchanged in December.
Advance: U.S. Durable Goods Orders Flat in December Read More »
Advance: U.S. 4Q GDP Grew 3.3%, Topping Expectations
While the figure decelerated from 3Q23’s robust 4.9% growth, it easily topped forecasts and suggested continued economic resilience.
Advance: U.S. 4Q GDP Grew 3.3%, Topping Expectations Read More »
Thermal Technology Distribution Solutions Acquires Proheat
TTDS increases its breadth of products and services with the addition of Proheat, a distributor of heaters, sensors and controls.
Thermal Technology Distribution Solutions Acquires Proheat Read More »
Fasteners Maker Threadline Doubles Manufacturing Capacity
Threadline Products opened a new headquarters to meet growing demand and combine operations of a legacy distribution acquisition.
Fasteners Maker Threadline Doubles Manufacturing Capacity Read More »
F.W. Webb Relocates Boston Branch, Showroom
A 24,000-square-foot expansion in Boston will offer F.W. Webb customers access to a larger product assortment.
F.W. Webb Relocates Boston Branch, Showroom Read More »
DPA Buying Group Launches Online Educational Portal
DPA University is an online educational portal that offers product training and courses to all DPA distributors and their employees.
DPA Buying Group Launches Online Educational Portal Read More »
