May orders increased 8.6% over April 2023 but fell short of May 2022 orders, according to The Association For Manufacturing Technology.
May U.S. Metalworking Orders Down 16.7% Year-Over-Year Read More »
Nonresidential construction employment rose by 12,200 positions on net, with positive growth in 2 of the 3 subcategories.
Data: Construction Employment Increased by 23K During June Read More »
Austin, Texas-based Abracon acquired U.S. manufacturer NEL Frequency Controls in a move to expand its precision timing product offering.
E-Components Maker Abracon Buys NEL Frequency Controls Read More »
RS has expanded its selection of smart manufacturing solutions with the addition of five new suppliers, according to a news release.
RS Adds Suppliers to Expand Smart Manufacturing Read More »
JanSan and foodservice supply distributor Imperial Dade has made its seventh and eighth acquisitions of the year.
Imperial Dade Expands into Dallas, Hawaii Read More »
Polyphase Engineered Controls’ addition to Wajax expands its subsidiary’s electrical solutions portfolio and In-house capabilities.
Wajax Acquires Polyphase Engineered Controls in Alberta Read More »
The merger brings independent distributors with almost 100 locations across the U.S. and Canada to AD’s Pipe, Valves & Fittings Division.
AD Completes Merger with The Baron Group Read More »
The partnership is the company’s sixth transaction of the year.
Meritus Gas Expands Further, Partners with Applied Gas Read More »
With the sale, ABB said it has now completed all divisional portfolio divestments announced at the end of 2020.
ABB Completes $505M Sale of its Power Conversion Unit Read More »
Form Tech provides concrete forming and shoring rental equipment and related consumable products serving contractors through seven locations.
White Cap Grows Concrete Capabilities with Form Tech Deal Read More »
Negotiations between UPS and the union representing about 340,000 employees stalled July 5 after the parties failed to reach a deal on pay.
UPS, Teamsters Labor Negotiations Stall as Strike Looms Read More »
New orders for manufactured goods in May increased $1.6 billion, or 0.3%, to $578.0 billion, according to the Census Bureau.
May Factory Orders Hold Steady, Up 0.3% Month-to-Month Read More »
The CHIPS and Science Act and the Inflation Reduction Act are linked to the recent rise in construction spending, according to the WSJ.
May Factory Construction Spending Up 76% Year-Over-Year Read More »
Building product manufacturer JELD-WEN’s sale of its Australasia business will streamline the company while maximizing shareholder value.
JELD-WEN Nets $446M from Australasia Sale Read More »
Gartner’s eighth annual Women in Supply Chain Survey was conducted February-March of 2023 and surveyed 225 supply chain leaders.
Data: Women Now Comprise 26% of Supply Chain C-Suite Roles Read More »
The new report is titled ‘Building Trust through Our Commitments,’ White Cap said in its June 29 announcement.
White Cap Publishes 2nd Annual Sustainability Report Read More »
While overall construction spending rose, nonresidential construction spending decreased for the fist time in nearly a year.
May Construction Spending Up 0.5% from April, 2.4% YoY Read More »
Following a 28-month period of growth, economic activity in the manufacturing sector contracted in June for the eighth consecutive month.
June Manufacturing PMI Falls to 46.0% Read More »
MDM won’t deploy an Update newsletter on Tuesday while we’re off for the Fourth of July holiday. We’ll be back in action Wednesday.
No MDM Update Newsletter on Tuesday Read More »
Electrical distributor Sonepar has partnered with an U.S. Army program that connects soldiers with employers.
Sonepar Partners with U.S. Army PaYS Program Read More »
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