Royal Brass & Hose Joins IDCO
Hydraulic and pneumatic hose distributor Royal Brass & Hose’s inclusion in IDCO offers members access to a wider product selection.
Royal Brass & Hose Joins IDCO Read More »
News
Broomfield Lamb Holman Merges with JD Martin
The alignment of electrical manufacturing reps BLH and JD Martin brings new products and manufacturing partners to existing and new markets.
Broomfield Lamb Holman Merges with JD Martin Read More »
Grainger 4Q Sales Grew 5.1% as 2023 Reached $16.5B
The figures reflected a broader industrial supply demand slowdown, though Grainger’s 4Q growth deceleration was less than most public firms that have reported so far. Get our full breakdown here.
Grainger 4Q Sales Grew 5.1% as 2023 Reached $16.5B Read More »
Beacon Grows in Carolinas, Acquires Roofers Supply
Beacon will grow its service geography and design services for commercial roofers in the Carolinas with its first acquisition of 2024.
Beacon Grows in Carolinas, Acquires Roofers Supply Read More »
Core & Main to Add Waterworks Distributor Dana Kepner
Infrastructure supplies distributor Core & Main will extend its reach and expand product range with the addition of Denver-based Dana Kepner.
Core & Main to Add Waterworks Distributor Dana Kepner Read More »
Conexiom Boosts Sales Order Automation with AI Platform
Conexiom launches major advances in its next-generation AI product to “close the complete digital order gap.”
Conexiom Boosts Sales Order Automation with AI Platform Read More »
Ingersoll Rand Acquires Dryer & Chiller Maker Friulair
Bought for $146 million, Friulair has 215 employees and has annual revenue of about $65 million.
Ingersoll Rand Acquires Dryer & Chiller Maker Friulair Read More »
Imperial Dade Acquires New England’s Allston Supply
Springfield, MA-based Allston is a single-location JanSan distributor with roots dating back to 1945.
Imperial Dade Acquires New England’s Allston Supply Read More »
Stanley B&D 4Q Sales Slip but Margin Expands
SBD’s Tools & Outdoor segment drove the overall margin improvement, as Industrial dipped slightly.
Stanley B&D 4Q Sales Slip but Margin Expands Read More »
BlackHawk Gives Inaugural Supplier Awards, Reiterates Growth Plans
BlackHawk recognized suppliers MCR Safety and Master Fluids Solutions for supply chain and sales excellence.
BlackHawk Gives Inaugural Supplier Awards, Reiterates Growth Plans Read More »
January Manufacturing PMI Hits 15-Month High
January’s figure still indicated contraction for a 14th consecutive month, but at a much slower pace than almost all of 2023.
January Manufacturing PMI Hits 15-Month High Read More »
U.S. Construction Spending Ends 2023 With Strong December
The value of 2023 total construction was up 7.0% from 2022.
U.S. Construction Spending Ends 2023 With Strong December Read More »
Grainger to Add Massive DC Near Houston, 400 Jobs
The MRO supplies distribution giant expects the 1.2-million-square-foot facility to open in 2026.
Grainger to Add Massive DC Near Houston, 400 Jobs Read More »
Fed Holds Rates Steady, Signals Cuts Not Imminent
Fed Chair Jerome Powell suggested that a rate cut issued at his committee’s March 19-20 meeting is unlikely.
Fed Holds Rates Steady, Signals Cuts Not Imminent Read More »
Avnet 2Q Sales Fall 7.6%
October-December Avnet sales fell 5.5% year-over-year in the Americas.
Avnet 2Q Sales Fall 7.6% Read More »
HARDI Distributors’ December Revenue Fell 7.8%
For the year, member distributors saw overall 12-month sales decline by 0.3%.
HARDI Distributors’ December Revenue Fell 7.8% Read More »
Industrial Supply Company Longtime Owner Passes at 100
Joyce Orlob Evans — the daughter of the company’s founder — played an active role in the MROP distributor throughout her life.
Industrial Supply Company Longtime Owner Passes at 100 Read More »
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 »
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 »
