Recap: 2023 AD Finance, HR & IT Summit
Almost 200 people from AD member and service provider companies across various industries and multiple countries gathered in St. Louis.
Recap: 2023 AD Finance, HR & IT Summit Read More »
News
Kimball Midwest Commemorates 100 Years at Ohio Event
The company is holding a series of events to honor its 100th anniversary throughout 2023.
Kimball Midwest Commemorates 100 Years at Ohio Event Read More »
HARDI Member Revenues Decline 6.4% in June
The annual sales growth for the 12 months through June 2023 is 6.3% percent, according to HARDI’s monthly report.
HARDI Member Revenues Decline 6.4% in June Read More »
Amazon NJ Warehouse Cited for Safety, Health Risks
OSHA alleges the company failed to use established controls to ensure that injured employees received proper medical care.
Amazon NJ Warehouse Cited for Safety, Health Risks Read More »
MRC 2Q Sales Growth Slows to 3%
The year-over-year growth was down from the 19% reported during the company’s 2023 first quarter.
MRC 2Q Sales Growth Slows to 3% Read More »
Singer Industrial Adds Dakota Fluid Power Branch in Wyoming
Dakota Fluid Power will increase Singer Industrial’s North America footprint to approximately 85+ locations with over 1,200 employees.
Singer Industrial Adds Dakota Fluid Power Branch in Wyoming Read More »
RBC Bearings Fiscal 1Q Sales Rise 9.3%
The company said that Aerospace/Defense sales were up 21.2%, while Industrial sales were up 4.7%.
RBC Bearings Fiscal 1Q Sales Rise 9.3% Read More »
CD&R to Buy Packaging & JanSan Distributor Veritiv for $2.3B
It’s just CD&R’s latest major investment in the B2B distribution space.
CD&R to Buy Packaging & JanSan Distributor Veritiv for $2.3B Read More »
Owens & Minor 2Q Sales Show Modest Increase
Despite strong numbers from the company’s Patient Direct segment, overall sales increased just 2.5%.
Owens & Minor 2Q Sales Show Modest Increase Read More »
Fastenal Sales Growth Slows to 3.7% in July
The company reported its July sales figures, which showed net and daily sales were up 3.7% compared with the same period in 2022.
Fastenal Sales Growth Slows to 3.7% in July Read More »
Beacon 2Q Sales Up 6.2% Despite Margin Slide
Beacon’s increase in sales was driven by higher prices and the contributions of acquired and newly opened branches in the last four quarters.
Beacon 2Q Sales Up 6.2% Despite Margin Slide Read More »
With Hisco Aboard, DSG Sales Jump 17.6%
During the quarter, operating income more than tripled and adjusted EBITDA increased by $8.4 million, or nearly 27%.
With Hisco Aboard, DSG Sales Jump 17.6% Read More »
Thomas Scientific Acquires Quintana Supply
The deal expands Thomas Scientific’s distribution centers in the Northeast, furthering the ability to assist cleanroom production customers.
Thomas Scientific Acquires Quintana Supply Read More »
Performance Food Group Acquires OLM Food Solutions
The acquisition of OLM will expand Performance Food Group’s foodservice distribution offerings for customers in multiple market segments.
Performance Food Group Acquires OLM Food Solutions Read More »
ADI Global Sees Flat 2Q Sales as Margins Dip
ADI Global’s parent company Resideo says it expects market conditions to limit sales expansion opportunities in the back half of 2023
ADI Global Sees Flat 2Q Sales as Margins Dip Read More »
June Orders for Manufactured Goods Up 2.3%
New orders for manufactured goods in June — up 6 of the past 7 months — increased $13.4 billion or 2.3%.
June Orders for Manufactured Goods Up 2.3% Read More »
Fiscals: Columbus McKinnon, Ingersoll Rand, Timken, MSA
It’s a big week for industrial manufacturer’s financial reports. We recap the key figures for four of them here.
Fiscals: Columbus McKinnon, Ingersoll Rand, Timken, MSA Read More »
Canada’s Roofmart Acquires AMA Roofing Supplies
It brings together two long-time, family-owned members of the roofing supply industry in Ontario.
Canada’s Roofmart Acquires AMA Roofing Supplies Read More »
ABC Supply Adds 7 Canada Locations with Cedar Grove Roofing
Roofing and building products distributor ABC Supply Co. has grown it Canadian presence by acquiring Cedar Grove Roofing Supply.
ABC Supply Adds 7 Canada Locations with Cedar Grove Roofing Read More »
NOW Inc. 2Q Sales Slow to Still-Healthy 10% Growth
NOW’s President and CEO said the distributor had the most profitable first half of the year since being a public company.
NOW Inc. 2Q Sales Slow to Still-Healthy 10% Growth Read More »
