Stellar Industrial Acquires Metalworking Distributor IMC
It strengthens Stellar’s product offering in the U.S. mid-south and further enhances its VMI and cost savings program.
Stellar Industrial Acquires Metalworking Distributor IMC Read More »
News
U.S. Construction Spending Continues Monthly, Yearly Gains
November spending was 0.4% above October’s figure, which was revised considerably higher.
U.S. Construction Spending Continues Monthly, Yearly Gains Read More »
Post-Deal, Trillium Flow Launches Optimized Pump Lines
Following the acquisition of Termomeccanica Pompe, valve and pump manufacturer Trillium has made advances in the company’s product offerings.
Post-Deal, Trillium Flow Launches Optimized Pump Lines Read More »
Advance: November U.S. Wholesale Inventories Dip 0.2%
Wholesale inventories have fallen in nine of 11 months through November 2023.
Advance: November U.S. Wholesale Inventories Dip 0.2% Read More »
No MDM Newsletter on Monday
Our MDM Update newsletter will be back in action in the new year on Tuesday, Jan. 2.
No MDM Newsletter on Monday Read More »
Electrical Distributor CEEUS to Add Virginia Distribution Hub
CEEUS expanded its service territory into Virginia with a $37 million investment in a 187,000-square-foot distribution facility.
Electrical Distributor CEEUS to Add Virginia Distribution Hub Read More »
ISM Survey Points to Upbeat Manufacturing 2024 Outlook
Manufacturers across most industries expect revenue growth in the new year, according to a nationwide Institute for Supply Management survey.
ISM Survey Points to Upbeat Manufacturing 2024 Outlook Read More »
Advance: Durable Goods Orders Post Biggest Gain in 28 Months
It was quite the rebound from an October slump, showing continued recent volatility.
Advance: Durable Goods Orders Post Biggest Gain in 28 Months Read More »
Pennsylvania Steel Company Acquires Stark Metal Sales
Metals service center Pennsylvania Steel Company acquired Ohio-based steel service center Stark Metal Sales.
Pennsylvania Steel Company Acquires Stark Metal Sales Read More »
Trive Capital Forms Industrial Distributor Venturi Supply
Dallas-based private equity firm Trive Capital acquired six PVF distributors and combined them to form Venturi Supply.
Trive Capital Forms Industrial Distributor Venturi Supply Read More »
Timken Acquires Dutch Sealing Supplier Lagersmit
Lagersmit is a Netherlands-based maker of sealing solutions that is expected to have 2023 annual sales of about $40 million.
Timken Acquires Dutch Sealing Supplier Lagersmit Read More »
No MDM Newsletter on Monday
Our MDM Update newsletter will be back in action on Tuesday, Dec. 26.
No MDM Newsletter on Monday Read More »
GMS to Acquire Kamco Supply in NYC
Building products distributor GMS will establish a greater presence in the New York metro market with the acquisition of Kamco Supply.
GMS to Acquire Kamco Supply in NYC Read More »
Report: Amazon’s AI is Writing Misleading Product Reviews
Some sellers say Amazon’s AI-based tool created to help summarize product reviews into highlights is exaggerating negative feedback.
Report: Amazon’s AI is Writing Misleading Product Reviews Read More »
Dodge: November Construction Starts Hit 10-Month Low
The construction industry data firm’s data showed that nonresidential starts led the decline, sinking 29% from October.
Dodge: November Construction Starts Hit 10-Month Low Read More »
AFC Industries Acquires Chicago Industrial Fasteners
In its seventh acquisition of the year, Ohio-based industrial distributor AFC Industries has added fastener supplier CIF.
AFC Industries Acquires Chicago Industrial Fasteners Read More »
Chemicals Distributor Tricon Makes Acquisition in Mexico
Tricon Energy will boost its polymer distribution and logistics offerings with the acquisition of Mexico-based Polymat and Q-Logistics.
Chemicals Distributor Tricon Makes Acquisition in Mexico Read More »
U.S. Housing Starts Soar to 18-Month High in November
A jump in single-family homebuilding comes as 30-year mortage rates have fallen to their lowest mark since late October.
U.S. Housing Starts Soar to 18-Month High in November Read More »
Triple S adds Murphy Supply in Southern OH
Independent JanSan distributor network Triple S added Murphy Supply Company of Hamilton, OH, to its family of distributors.
Triple S adds Murphy Supply in Southern OH Read More »
Turkish Supplier Norm Fasteners to Add Plant in Michigan
Norm Fasteners will establish its first U.S. manufacturing facility to support the electric vehicle supply chain and other customers.
Turkish Supplier Norm Fasteners to Add Plant in Michigan Read More »
