Prokeep Launches New Suite of CX Solutions for Distributors
The software solutions company says the suite will streamline workflow and create better customer experiences.
Prokeep Launches New Suite of CX Solutions for Distributors Read More »
News
US LBM Names New EVP/Chief Information Officer
Andrew Campbell will be responsible for all aspects of US LBM’s technology platform and systems, the company said.
US LBM Names New EVP/Chief Information Officer Read More »
DXP Acquires 2 Companies Serving Florida, Mid-Atlantic
Riordan Materials Corporation and Florida Valve & Equipment Corp. and Environmental MD serve municipal water and wastewater treatment markets.
DXP Acquires 2 Companies Serving Florida, Mid-Atlantic Read More »
IWDC, DDS Partner on eCommerce Offering
The duo aims to help IWDC distributors better serve their customers through access to digital product content from its network of manufacturers.
IWDC, DDS Partner on eCommerce Offering Read More »
ADI Global Distribution Posts Flat 1Q Revenue as Margin Dips
Parent company Resideo Technologies noted that ADI’s eCommerce channel grew 17% during the quarter.
ADI Global Distribution Posts Flat 1Q Revenue as Margin Dips Read More »
FleetPride Acquires Frame Service Inc. in Indiana
The acquisition is FleetPride’s first since the distributor appointed Kevin Weadick, formerly of Zoro, as its president.
FleetPride Acquires Frame Service Inc. in Indiana Read More »
NOW 1Q Revenue Jumped 23.5% from a Year Earlier
The oilfield products distributor’s 1Q growth far outpaced that of the global rig count, powered by sales in the U.S. and international.
NOW 1Q Revenue Jumped 23.5% from a Year Earlier Read More »
Pye-Barker Enters Michigan, Acquires Vanguard Fire & Security
Vanguard is Pye-Barker’s third acquisition of 2023 after the safety products distributor made 23 bolt-ons in 2022.
Pye-Barker Enters Michigan, Acquires Vanguard Fire & Security Read More »
Wesco International’s Strong Growth Continued in 1Q
While down somewhat from its 4Q22 figures, Wesco posted more double-digit sales growth in 1Q despite harsh market headwinds.
Wesco International’s Strong Growth Continued in 1Q Read More »
Stanley B&D 1Q Sales Fall 12% on Lower Volume
The industrial tools manufacturer also announced a new leader for its Tools & Outdoor segment.
Stanley B&D 1Q Sales Fall 12% on Lower Volume Read More »
City Electric Supply Opened 13 New Branches in 1Q
Among the new locations are three in Texas, two in Tennessee, one in Puerto Rico and several across the Midwest.
City Electric Supply Opened 13 New Branches in 1Q Read More »
Fastenal April Daily Sales Up Despite Weak Nonres Construction
The company’s year-over-year daily sales growth accelerated after several months of decline, powered by sales to manufacturing customers.
Fastenal April Daily Sales Up Despite Weak Nonres Construction Read More »
Relevant Industrial Expands Valves Team
To lead the team, Relevant has appointed Steve Bernard as Vice President of Business Development.
Relevant Industrial Expands Valves Team Read More »
Earnings Roundup: Avnet, Timken, MSA Safety, ITW, BlueLinx
MDM looks at another round of earnings reports from industrial distributors and manufacturers.
Earnings Roundup: Avnet, Timken, MSA Safety, ITW, BlueLinx Read More »
March NonRes Construction Spending Up 0.7%
On a seasonally adjusted annualized basis, nonresidential spending totaled $997.1 billion for the month, according to ABC.
March NonRes Construction Spending Up 0.7% Read More »
Builders FirstSource 1Q Sales Decline 31.6%
The decline in sales was primarily driven by a weak housing market that has plagued the building materials and construction industries for the past year.
Builders FirstSource 1Q Sales Decline 31.6% Read More »
Fed Enacts Another Quarter-Point Rate Hike
The central bank lifted rates by a quarter of a percentage point but indicated it may pause further increases.
Fed Enacts Another Quarter-Point Rate Hike Read More »
AFC Industries Acquires Rubber Sealing Distributor EAP Int’l
The distributor of rubber sealing products, O-rings, gaskets and associated technical products marks AFC’s fourth acquisition in 2023.
AFC Industries Acquires Rubber Sealing Distributor EAP Int’l Read More »
DuPont to Acquire Spectrum Plastics for $1.75B
The acquisition is expected to close in 2023’s third quarter.
DuPont to Acquire Spectrum Plastics for $1.75B Read More »
Singer Industrial Acquires Hotsy Industrial Systems
The deal will increase Singer Industrial’s North American presence to roughly 85-plus locations with over 1,000 employees.
Singer Industrial Acquires Hotsy Industrial Systems Read More »
