DXP 2023 Sales Grew 13.4% to $1.7B; 4Q Flat
Full-year operating and net profit jumped more than 40% vs. 2022.
DXP 2023 Sales Grew 13.4% to $1.7B; 4Q Flat Read More »
News
Canada-Based Distributor K2 Fasteners Gains Investment
K2 is a distributor of stainless steel and other corrosion resistant fasteners for industrial purposes and has five branches in Canada.
Canada-Based Distributor K2 Fasteners Gains Investment Read More »
Hisco Boosted DSG to $1.6B in 2023 Revenue
Acquisitions drove nearly all of DSG’s growth in 2023, which marked its first full calendar year since forming in early 2022.
Hisco Boosted DSG to $1.6B in 2023 Revenue Read More »
Kodiak Chemical Acquires Aztech Lubricants
Aztech Lubricants helps solidify Kodiak Chemical’s position in the specialty chemical space with the expansion into powdered chemicals.
Kodiak Chemical Acquires Aztech Lubricants Read More »
Lighting Mfg Rep Agencies ELA, Synergy to Merge
ELA + Synergy will serve lighting, design and electrical communities in New York, New Jersey, Pennsylvania and Delaware.Â
Lighting Mfg Rep Agencies ELA, Synergy to Merge Read More »
With Acquisition, Distributor Shelton Machinery Forms Parent Firm
Metalworking solution distributors Shelton Machinery, Municipal Machinery and Concept Machinery will operate under TSM Group.
With Acquisition, Distributor Shelton Machinery Forms Parent Firm Read More »
DXP Adds Pump Systems Distributor Pro-Seal in Michigan
The addition of Pro-Seal complements DXP’s rotating equipment division and expands its geographic footprint.
DXP Adds Pump Systems Distributor Pro-Seal in Michigan Read More »
U.S. Wholesale Sales, Inventories Slid in January
The latest Census Bureau figures indicate January was a weakened month for sales, both month-to-month and year-over-year.
U.S. Wholesale Sales, Inventories Slid in January Read More »
Fastenal February Daily Sales Edge Up on Non-Fasteners Growth
Non-heavy manufacturing, non-residential construction and reseller end markets outperformed January.
Fastenal February Daily Sales Edge Up on Non-Fasteners Growth Read More »
Wajax’ Industrial Parts Annual Revenue Grew 13% in 2023
4Q revenues for that segment dipped 1.4% year-over-year.
Wajax’ Industrial Parts Annual Revenue Grew 13% in 2023 Read More »
Atlas Copco Acquires Air Compressor Distributor in Oregon
Compressor distributor Pacific Air Compressors will expand Atlas Copco’s geographic footprint in the Portland area.
Atlas Copco Acquires Air Compressor Distributor in Oregon Read More »
Wolter Secures Growth Investment from BBH Capital
The strategic partnership will enable material handling equipment and automation distributor Wolter to accelerate its expansion plans.
Wolter Secures Growth Investment from BBH Capital Read More »
HARDI Distributors See 9% Revenue Increase in January
The figure was boosted by an additional billing day, but the month was still a considerable rebound when excluding that factor.
HARDI Distributors See 9% Revenue Increase in January Read More »
January U.S. Factory Goods Orders Fell 3.6%
It was the third decline in the past four months, and much sharper than December’s.
January U.S. Factory Goods Orders Fell 3.6% Read More »
CED Acquires Parrish-Hare in Texas
Parrish-Hare Electrical Supply’s four locations will operate as a separate subsidiary of Consolidated Electrical Distributors.
CED Acquires Parrish-Hare in Texas Read More »
Ferguson November-January Sales Fall 2.2%
The plumbing and HVACR distribution giant also updated its plans to ‘domicile’ its ultimate parent company in the U.S. to reflect operations and leadership.
Ferguson November-January Sales Fall 2.2% Read More »
Moblico, HawkSearch Team Up on AI-Driven Product Search
Combining Moblico’s mobile engagement solutions with HawkSearch’s search technology enables real-time distributor-customer interaction.
Moblico, HawkSearch Team Up on AI-Driven Product Search Read More »
GMS Completes Kamco Acquisition in NYC
The addition of building materials distributor Kamco Supply expands GMS’ wallboard distribution and geographic footprint.
GMS Completes Kamco Acquisition in NYC Read More »
PIP Acquires Safety Eyewear Scope Optics in Australia
Safety product manufacturer Protective Industrial Products added a Victoria, Australia-based safety eyewear supplier.
PIP Acquires Safety Eyewear Scope Optics in Australia Read More »
US LBM Acquires Homestead Building Systems in Virginia
Based in Orange, VA, HBS produces and distributes turkey structural building components from its distribution center in Bristow, VA.
US LBM Acquires Homestead Building Systems in Virginia Read More »
