Southwire to Expand Factory in Northwest Alabama
Wire and cable product manufacturer Southwire expects to increase production capacity by 30% with the expansion of its plant in Alabama.
Southwire to Expand Factory in Northwest Alabama Read More »
Wire and cable product manufacturer Southwire expects to increase production capacity by 30% with the expansion of its plant in Alabama.
Southwire to Expand Factory in Northwest Alabama Read More »
The index for shelter was the largest contributor to the monthly all items increase, according to the Bureau of Labor Statistics.
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Despite the dockworkers’ union saying work continues during labor talks, employers are highlighting disruptive actions slowing operations.
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L&W Supply is a subsidiary of ABC Supply, which ranked No. 2 on MDM’s Top Distributors List for Building Materials/Construction.
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The deal enhances capabilities to serve high growth, sustainable end markets including green steel, the company said.
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It will expand Turtle’s availability of energy-efficient solutions to commercial and industrial entities and help them achieve ESG goals.
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It’s BradyIFS’ third bolt-on of 2023 after making six acquisitions last year.
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It marks Beacon’s fifth acquisition so far in 2023.
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The new jobs include minimum average yearly wages of $53,204, which is above the Lincoln County average of $49,332.
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Sales of merchant wholesalers, after adjustment for seasonal variations and trading day differences but not for price changes, were $652.8 billion.
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Distributors keeping a close eye on major projects that could impact product demand may benefit from a new government website mapping investments.
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New orders of manufacturing technology totaled $336.7 million, according to the latest U.S. Manufacturing Technology Orders Report.
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UNFI’s net income decreased 89.6% to $7 million, the Providence, Rhode Island-based company said.
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The decline followed year-over-year gains of 6% in January, 4% in February and 0.7% in March, HARDI said.
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For its fiscal year ended Oct. 31, Hisco had sales in excess of $400 million and adjusted EBITDA of about $29 million.
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The company said all team members are eligible to apply to the program, which provides up to $5,250 per year toward a qualifying degree.
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In the tour’s first two seasons, Beveridge traveled over 31,000 miles and profiled 59 distributors.
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MDM Executive Editor Mike Hockett will serve as a panelist on two of the Industrial Supply Association’s ominchannel experience sessions.
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The program caters to professionals in the construction and industrial space, according to a news release, and will take place March 12-14, 2024.
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Plans for the acquisition were first announced May 9.
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