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 »
News
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 »
Wesco 2Q Sales Growth Slows to 5% on Weaker EES Segment
Wesco reported record second-quarter sales thanks to growth in two segments which offset a quarterly drop in its electrical business unit.
Wesco 2Q Sales Growth Slows to 5% on Weaker EES Segment Read More »
Conner Industries Acquires Guardian Packaging
The deal marks the company’s fourth investment in the expansion of their integrated packaging division.
Conner Industries Acquires Guardian Packaging Read More »
BlueLinx 2Q Sales Fall 34% YoY
The company says net sales for 2023’s second quarter were $816 million, a decrease of $423 million from last year.
BlueLinx 2Q Sales Fall 34% YoY Read More »
BradyIFS Acquires Rancho Janitorial in Southern California
Rancho has grown into a successful enterprise that provides customers with JanSan, foodservice and packaging products and services.
BradyIFS Acquires Rancho Janitorial in Southern California Read More »
STAFDA Launches Website for Excellence in Distribution
The program caters to professionals in the construction and industrial space and will take place March 12-14, 2024.
STAFDA Launches Website for Excellence in Distribution Read More »
Packaging Supplier Constantia Flexibles Privately Acquired
An affiliate of One Rock Capital Partners is acquiring flexible packing supplier Constantia Flexibles from its parent company Vienna, Austria-based Wendel.
Packaging Supplier Constantia Flexibles Privately Acquired Read More »
DuPont Acquires Spectrum Plastics, Adding $500M Revenue
DuPont announced the acquisition during its 2023 second-quarter earnings call on Aug. 2.
DuPont Acquires Spectrum Plastics, Adding $500M Revenue Read More »
White Cap to Buy SoCal’s RENO Hardware and Supply
RENO Hardware and Supply’s locations in Riverside, Burbank and Signal Hill will become part of the White Cap suite of brands.
White Cap to Buy SoCal’s RENO Hardware and Supply Read More »
West Coast Lumber Acquires Stone Truss in San Diego
The acquisition of Stone Truss marks West Coast Lumber’s entry into the structural component manufacturing category.
West Coast Lumber Acquires Stone Truss in San Diego Read More »
HD Supply Acquires Redi Carpet
MRO distributor HD Supply has closed its first acquisition since being re-acquired by Home Depot in late 2020.
HD Supply Acquires Redi Carpet Read More »
Beacon Acquires All American Vinyl Siding Supply
Beacon has completed its seventh 2023 acquisition with the addition of Tupelo, Missouri-based All American Vinyl Siding Supply.Â
Beacon Acquires All American Vinyl Siding Supply Read More »
Builders FirstSource 2Q Margins Tick Up as Sales Sink
Major organic sales decline and deflation continued to slam the building products distribution giant in 2Q.
Builders FirstSource 2Q Margins Tick Up as Sales Sink Read More »
Indoff Deal Helps Global Industrial’s Sales as 2Q Margins Shrink
Excluding Global’s $69 million acquisition of Indoff that closed in May, 2Q sales were down 5.2% year-over-year.
Indoff Deal Helps Global Industrial’s Sales as 2Q Margins Shrink Read More »
Ferguson Makes Trio of Acquisitions, Adding $450M Revenue
The additions for the plumbing and industrial supplies distribution giant are across three different industries.
Ferguson Makes Trio of Acquisitions, Adding $450M Revenue Read More »
