MCE Acquires Ultimation Industries in Michigan
Ultimation was recognized in 2020 and 2022 as one of Inc. 5000’s fastest growing private companies in America.
MCE Acquires Ultimation Industries in Michigan Read More »
News
Grainger Begins Building Oregon DC
The company anticipates the new facility will employ approximately 80 team members when complete and over time employ more than 150 people.
Grainger Begins Building Oregon DC Read More »
Blue Ribbon Fastener Implements Wireless Warehouse System
The system integrates with the company’s proprietary warehouse picking processes to maximize productivity and reduce costs.
Blue Ribbon Fastener Implements Wireless Warehouse System Read More »
DSG Approves 2-for-1 Stock Split
DSG, which just acquired Hisco, said the stock split demonstrates continued confidence in its long-term growth and financial performance.
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Avnet Nets $26.5B in Fiscal 2023 Sales, Up 9.2% YoY
The company said that fourth-quarter sales of $6.6 billion exceeded guidance and were up 2.9% year-over-year.
Avnet Nets $26.5B in Fiscal 2023 Sales, Up 9.2% YoY Read More »
July U.S. Industrial Production Jumped 1.0% vs. June
Manufacturing output rose 0.5% in July, but the growth rates for the previous three months were revised down.
July U.S. Industrial Production Jumped 1.0% vs. June Read More »
CES Power Acquires Infinite Power
Power generation and control solution manufacturer CES Power’s acquisition strengthens its capabilities in the mid-Atlantic region.
CES Power Acquires Infinite Power Read More »
Sonepar’s QED Opens Mesa, Arizona Branch
Quality Electrical Distribution, a Sonepar Company serving residential and commercial contractors, opened the 14th location for the company.
Sonepar’s QED Opens Mesa, Arizona Branch Read More »
Winsupply Expands Support Services Campus
The groundbreaking is expected to take place in the fall of 2023, with a grand opening expected in the spring of 2024.
Winsupply Expands Support Services Campus Read More »
June Cutting Tool Orders Up 3.2% from May, 23.5% YoY
The U.S. Cutting Tool Institute has optimism that tool sales for the remainder of the year will be positive as hiring pressures ease
June Cutting Tool Orders Up 3.2% from May, 23.5% YoY Read More »
Stellar Industrial to Acquire The Tool Crib in Knoxville
MRO distributor Stellar Industrial Supply is building out its coast-to-coast presence with the acquisition of Tennessee-based The Tool Crib.
Stellar Industrial to Acquire The Tool Crib in Knoxville Read More »
Home Depot 2Q Sales Dip as Pro Remains Negative
Lumber deflation and a wet start to spring drove a dip in Home Depot’s sales, just as it did in the first quarter.
Home Depot 2Q Sales Dip as Pro Remains Negative Read More »
Cameron Ashley Building Products Opens Little Rock DC
The new distribution center will stock roofing, insulation, drywall, siding, as well as all the associated accessories for fast delivery.
Cameron Ashley Building Products Opens Little Rock DC Read More »
Data: Supply Chain Disruption Costs Drop for Large Firms, but Still Elevated
Interos surveyed 750 companies with annual revenues above $500M from industries including energy, financial services, oil and gas, healthcare, government and aerospace.
Data: Supply Chain Disruption Costs Drop for Large Firms, but Still Elevated Read More »
New Amazon AI Feature Summarizes Product Reviews
The news comes just a couple of days after reports surfaced about Amazon offering sellers an AI tool to help them write product descriptions.
New Amazon AI Feature Summarizes Product Reviews Read More »
Cooper Electric Shares Inside Look at its Learning Lab
With the grand opening of the new 650,000-square-foot central distribution center, Cooper was able to triple the Learning Lab training area.
Cooper Electric Shares Inside Look at its Learning Lab Read More »
Amazon to Add Massive Warehouse in Melbourne, Australia
The 2.25-million-square-foot warehouse is scheduled to open in 2025.
Amazon to Add Massive Warehouse in Melbourne, Australia Read More »
Allied Motion to Become Allient on Aug. 23
The change is part of Allied’s strategy to ‘transform from a products-based business in motion control to a solutions-oriented company.’
Allied Motion to Become Allient on Aug. 23 Read More »
Steelmaker Grupo Simec to Idle Plants in Ohio, New York
As a result of the consolidation, about 500 Republic Steel employees will be furloughed indefinitely.
Steelmaker Grupo Simec to Idle Plants in Ohio, New York Read More »
Amazon Offers Sellers AI Tool to Write Product Descriptions
Amazon is already using AI to sort damaged goods, while Walmart uses ChatGPT to negotiate contracts with some suppliers.
Amazon Offers Sellers AI Tool to Write Product Descriptions Read More »
