Construction Input Prices Increase 0.2% in Sept.
Nonresidential construction input prices increased 0.2% for the month as well, according to Associated Builders and Contractors.
Construction Input Prices Increase 0.2% in Sept. Read More »
News
UPS Cuts Back on Some Rural Services
The decision comes amid the company’s push for increased efficiency. However, less than 1% of volume is expected to be impacted.
UPS Cuts Back on Some Rural Services Read More »
Sysco to Acquire Distributor Edward Don
The acquisition of foodservice equipment distributor DON will add new capabilities and diversified offerings for Sysco customers.
Sysco to Acquire Distributor Edward Don Read More »
MiddleGround Capital Introduces New Partner
MiddleGround Capital, which invests in lower middle market industrial B2B and specialty distribution companies, has made Christopher Speight Partner.
MiddleGround Capital Introduces New Partner Read More »
Report: Automaker Says it has ‘Reached Our Limit’ on UAW Offer
Ford said the company couldn’t offer more without harming its future prospects after union employees recently expanded UAW’s strike.
Report: Automaker Says it has ‘Reached Our Limit’ on UAW Offer Read More »
PPI Increases 0.5% in September
More than 40% of the September increase in prices for final demand goods can be traced to a 5.4% rise in the index for gasoline.
PPI Increases 0.5% in September Read More »
Emerson Electric Closes National Instruments Acquisition
The $8.2B deal increases Emerson’s end market exposure in discrete markets, which will be Emerson’s second largest industry segment.
Emerson Electric Closes National Instruments Acquisition Read More »
Sherwin-Williams Elects Next CEO
The Board of Directors elected Heidi G. Petz to serve as the next Chief Executive Officer, effective Jan. 1, 2024.
Sherwin-Williams Elects Next CEO Read More »
Fastenal Names New Executive VP of Operations
The company appointed Anthony P. Broersma as the Executive Vice President-Operations, effective on October 11.
Fastenal Names New Executive VP of Operations Read More »
HARDI Distributors Report 4.5% Revenue Increase in August
The annual sales growth for the 12 months through August 2023 was 5.7%, according to HARDI.
HARDI Distributors Report 4.5% Revenue Increase in August Read More »
Fastenal’s 3Q Sales & Profits Decelerate Amid Softer Demand
For the third quarter, the company reported more than $1.84 billion in net sales, a 2.4% increase over the same period in 2022.
Fastenal’s 3Q Sales & Profits Decelerate Amid Softer Demand Read More »
Truck Inspection Delays at US-Mexico Border Stalls Trade
An inspection initiative has created “significant reductions in the export volumes of different products from Mexico to the United States.”
Truck Inspection Delays at US-Mexico Border Stalls Trade Read More »
Ferguson Posts Progress on ESG Strategy
Industrial supplies distributor Ferguson held absolute emissions steady against its increasing revenue in fiscal year 2023.
Ferguson Posts Progress on ESG Strategy Read More »
DPA Buying Group Partners with Federated Auto Parts
DPA Buying Group’s alliance with Federated Auto Parts will create new distribution opportunities for DPA’s preferred suppliers.
DPA Buying Group Partners with Federated Auto Parts Read More »
Kimball Midwest Marks Grand Opening of Connecticut Distribution Center
Industrial supplier Kimball Midwest’s Newtown Distribution Center serves customers in the northeastern region.
Kimball Midwest Marks Grand Opening of Connecticut Distribution Center Read More »
Sonepar Canada Acquires Accu-Flo Meter Service
On Oct. 5, electrical distributor Sonepar announced that its wholly-owned Canadian subsidiary — Sonepar Canada, Inc. — has entered into an asset purchase agreement with Accu-Flo Meter Service Ltd. for its electrical manufacturing and assembly services division. Sonepar said it will integrate the new business into Gescan, a division of Sonepar Canada Inc., and rebrand
Sonepar Canada Acquires Accu-Flo Meter Service Read More »
September Construction Backlog Indicator Drops
Despite rising project financing costs, contractors report lofty backlog, rising employment, expanding sales and stable profit margins.
September Construction Backlog Indicator Drops Read More »
Performance Foods Starts Operations at Virginia Facility
Foodservice distributor Performance Food Group Co. started operations at its 332,000-square-foot distribution center in Richmond, Virginia.
Performance Foods Starts Operations at Virginia Facility Read More »
OmniCable Adds Enterprise, Datacom Unit Leader
James Curran will be responsible for providing leadership and growth for the Datacom and Enterprise business.
OmniCable Adds Enterprise, Datacom Unit Leader Read More »
American Welding Society Appoints New President
Michael Krupnicki was appointed President of the American Welding Society to succeed Dennis Eck.
American Welding Society Appoints New President Read More »
