Fastenal Daily Sales Growth Slows to 1.9%
The growth was below Fastenal’s benchmark 3.1% rate that the company provided in its 3Q earnings presentation.
Fastenal Daily Sales Growth Slows to 1.9% Read More »
News
DXP Enterprises Acquires Alliance Pump in Missouri
With a single location and nine employees, Alliance serves customers in chemical, water/wastewater, municipal and general industrial markets.
DXP Enterprises Acquires Alliance Pump in Missouri Read More »
Amazon Business Adds Pay-Over-Time Option
The new offering lets customers split the total cost of eligible purchases and pay over time with without late or hidden fees.
Amazon Business Adds Pay-Over-Time Option Read More »
PTDA Details its 2023 Award Winners
PTDA named Chris Bursack as the 32nd recipient of its Warren Pike Award for lifetime achievement in the PT/MC industry.
PTDA Details its 2023 Award Winners Read More »
Henkel Acquires MRO Supplier Critica Infrastructure
Critica is a specialized supplier of maintenance, repair and overhaul (MRO) composite solutions.
Henkel Acquires MRO Supplier Critica Infrastructure Read More »
Imperial Dade Appoints Ex-Fastenal COO to Same Role, Expands in Canada
Terry Owen takes over leadership of the distributor’s operations, and the company’s latest acquisition is in Mississauga.
Imperial Dade Appoints Ex-Fastenal COO to Same Role, Expands in Canada Read More »
Lawless Group Appoints COO
Sonya Bynum has more than 29 years of experience in industrial and safety distribution.
Lawless Group Appoints COO Read More »
HARDI Distributors’ September Revenues Slide 4%
The annual sales growth for the 12 months through September 2023 is 3.5%.
HARDI Distributors’ September Revenues Slide 4% Read More »
NOW Inc. 3Q Sales Slow to 2% Growth
The company’s 1.9% YoY growth in the third quarter was a significant slowdown from 2Q’s 10.2% growth.
NOW Inc. 3Q Sales Slow to 2% Growth Read More »
Beacon Acquires H&H Roofing, Posts 3Q Results
Beacon has expanded its branch footprint through nine acquisitions and the opening of 19 new greenfield locations this year.
Beacon Acquires H&H Roofing, Posts 3Q Results Read More »
Financials: Kennametal, Ingersoll Rand, Timken, Parker & More
It’s another big week for industrial manufacturer’s financial reports. We recap the key figures for seven of them here.
Financials: Kennametal, Ingersoll Rand, Timken, Parker & More Read More »
NEFCO Acquires Edge Construction Supply in Spokane
The acquisition of Spokane, Washington-based Edge Construction Supply furthers NEFCO’s expansion to the West Coast with nine new locations.
NEFCO Acquires Edge Construction Supply in Spokane Read More »
Singer Industrial Adds Hotsy Equipment’s CO & WY Unit
Singer Industrial joined forces with Hotsy Equipment of Colorado and Wyoming headquartered in Greeley, Colorado.
Singer Industrial Adds Hotsy Equipment’s CO & WY Unit Read More »
Purvis Expands in Ohio, Acquires Torque Drives
Power transmission distributor Purvis Industries acquired Torque Drives, an industrial distributor of power transmission components and more.
Purvis Expands in Ohio, Acquires Torque Drives Read More »
Hisco Drives DSG’s Major 3Q Gains; Organic Slides
The distributor’s $269 million acquistion of Hisco this spring figures to drive big year-over-year gains through the first half of 2024.
Hisco Drives DSG’s Major 3Q Gains; Organic Slides Read More »
Wesco 3Q Sales up 3.6%, Lowers Outlook as Margins Dip
WESCO saw year-over-year growth in its CSS and UBS units, while its largest unit — EES — declined.
Wesco 3Q Sales up 3.6%, Lowers Outlook as Margins Dip Read More »
MCE Completes 6th & 7th Acquisitions of 2023
MCE acquired Georgia-based motor control and drive distributor Applied Industrial Controls and systems integrator Engineered Systems Group.
MCE Completes 6th & 7th Acquisitions of 2023 Read More »
Avnet 1Q Sales Down 6.1%, but Net Profit Improves
On a constant currency basis, sales decreased 7.8% year-over-year and decreased 2.9% sequentially, Avnet said in a news release.
Avnet 1Q Sales Down 6.1%, but Net Profit Improves Read More »
September U.S. Construction Spending up 0.4% from August
August’s growth was considerably revised upward, from 0.5% to 1.0%, according to new data from the Census Bureau.
September U.S. Construction Spending up 0.4% from August Read More »
BlueLinx 3Q Sales & Profits Slide on Weak Housing
Marietta, Georgia-based building products distributor BlueLinx reported a 24% decrease in sales revenue in the third quarter of 2023.
BlueLinx 3Q Sales & Profits Slide on Weak Housing Read More »
