The industrial parts distributor’s profit margin grew 190 bps year-over-year despite sales growth that was less than half that of 1Q.
Motion’s 2Q Sales Slow Considerably, but Margin Expands Read More »
Specialty chemicals and ingredients distributor LBB Specialties will consolidate its business divisions under one brand.
LBB Specialties Announces Brand Restructuring Read More »
Billows Electric joins Sonepar with 19 branch locations and over 285 associates, according to a Sonepar news release.
Sonepar Completes Billows Acquisition Read More »
The latest branch to open is located on 96th Street in Indianapolis. with a grand opening planned for later this summer.
Sonepar’s Springfield Electric Adds Indianapolis Branch Read More »
Lockmasters provides proprietary products, educational training and distribution of third-party combination locks, tools and hardware.
Lockmasters Acquires Fellow Distributor Allied Locksmith Read More »
Despite a sequential slowdown in organic sales growth, the bearings giant was able to accelerate its operating margin growth.
Pricing Management Leads to 2Q Margin Growth at SKF Read More »
“This new chapter in Border States’ recruitment gives us tremendous access to great talent,” said Border States CEO David White.
Border States Joins U.S. Amy PaYS Program Read More »
The decline reflected a broad industrial deceleration, led by a contraction in consumer durable goods.
June U.S. Factory Output Slips for 2nd Straight Month Read More »
Baltimore-based electrical distributor Shepherd Electric Supply will give Graybar a “foundation for accelerating growth,” officials said.
Graybar Acquires Shepherd Electric Supply, Growing in Mid-Atlantic Read More »
A 10-day union strike would reportedly be the nation’s most expensive walk-out in at least 25 years, costing the economy more than $7 billion
Teamsters Head Asks White House Not to Intervene if UPS Workers Strike Read More »
EDSCO serves the North American market from four manufacturing plants located in Texas, Utah, Tennessee and North Carolina.
Commercial Metals Company Acquires EDSCO Fasteners Read More »
The program is designed to prevent hazards in warehouses, processing facilities distribution centers and high-risk retail establishments.
New OSHA Program Aims to Boost Warehouse & DC Safety Read More »
The enrollment success has been so robust that ISA has opened an additional certification course that is scheduled to start in mid-August.
ISA Touts Enrollment Success for Emerging Leaders Program Read More »
The strong growth figures suggest that metal-cutting production has not been drastically affected yet by an industrial slowdown.
May U.S. Cutting Tool Orders Up 11% vs. April, 20% YoY Read More »
Compared with 2022, TEU volume was down 16.1% in June, but up 6.0% from pre-pandemic June 2019, according to Descartes.
June U.S. Container Imports Down 16% YoY, Top Pre-Pandemic Read More »
Port employers reached a tentative agreement on a new four-year deal with the union representing more than 7,000 dockworkers.
Tentative Labor Deal Ends Canada West Coast Port Strike Read More »
Cortland is a global designer, manufacturer and supplier of technologically advanced ropes, slings and tethers.
Enerpac Tool Group Sells Cortland Industrial Unit to Tufropes Read More »
The distributor said the facility will stock drywall, acoustical ceilings, fiberglass insulation and spray foam.
Cameron Ashley Building Products Enters Calif. with New DC Read More »
Also known as AZ Partsmaster, the company reportedly had 2022 sales of approximately $155 million.
Maintenance Distributor AZP Multifamily Abruptly Closes Read More »
Mid-Coast was acquired by The Reynolds Company, a subsidiary of McNaughton-McKay Electric Company, in 2021.
Mid-Coast Electric Supply Rebrands as The Reynolds Company Read More »
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