Danfoss Power Solutions Names 2 New Executives
Smulski and Hill both have previous experience as sales leaders with Danfoss.
Danfoss Power Solutions Names 2 New Executives Read More »
News
ABC: Construction Job Openings Dropped by 63K in March
The construction industry had 341,000 job openings in March, according to an Associated Builders and Contractors analysis of federal data.
ABC: Construction Job Openings Dropped by 63K in March Read More »
Daikin Applied Acquires Carroll Air Systems
Daikin Applied’s regional service operations will combine with the Carroll Air Systems service team, according to a news release.
Daikin Applied Acquires Carroll Air Systems Read More »
Encore Gas & Supply Opens New SoCal HQ
The new campus, located in Long Beach, includes an 1,800-square-foot showroom and a 20,000-square-foot warehouse.
Encore Gas & Supply Opens New SoCal HQ Read More »
Global Industrial 1Q Sales Drop 5% YoY
The company reported 1Q 2023 gross profit of $98.4 million, down from the $107.8 million reported during the same quarter in 2022.
Global Industrial 1Q Sales Drop 5% YoY Read More »
Fluid System Components Acquires Norcan Fluid Power
Norcan is a distributor of fluid power and pneumatic products with eight locations across western Canada.
Fluid System Components Acquires Norcan Fluid Power Read More »
BradyIFS Expands into Florida, Acquires Southern Janitor Supply
Southern Janitor will be the first Florida location for BradyIFS.
BradyIFS Expands into Florida, Acquires Southern Janitor Supply Read More »
GMS Acquires Home Lumber & Building Supplies
Home Lumber is GMS’s fourth acquisition of 2023.
GMS Acquires Home Lumber & Building Supplies Read More »
BigCommerce Releases Next Version of B2B Edition
The company says the latest release will enhance the online selling experience for suppliers, manufacturers, distributors and wholesalers.
BigCommerce Releases Next Version of B2B Edition Read More »
Kennametal Reports $536M Sales in Fiscal 3Q
The industrial distributor’s fiscal 3Q sales grew 5% year-over-year.
Kennametal Reports $536M Sales in Fiscal 3Q Read More »
Werner to Train 50K People Through 300 Safety Training Events
In 2023, Werner is hosting nearly double the amount safety training events it offered in 2022.
Werner to Train 50K People Through 300 Safety Training Events Read More »
California-Based Advantage Metal Products Privately Acquired
MiddleGround Capital’s strategic acquisition of Advantage Metal Products supports another of MiddleGround’s recent acquisitions, Megatech.
California-Based Advantage Metal Products Privately Acquired Read More »
April PMI Rises Slightly, Remains in Contraction Territory
The Institute for Supply Management’s monthly Purchasing Managers Index (PMI) remained in contraction territory for a sixth straight month in April.
April PMI Rises Slightly, Remains in Contraction Territory Read More »
AD Member Sales Reach $18.3B in 1Q
AD members saw their sales increase 6% year-over-year in 2023’s first quarter.
AD Member Sales Reach $18.3B in 1Q Read More »
Honeywell to Buy Compressor Company from Indicor for $670M
Honeywell has acquired Des Moines, Iowa-based Compressor Controls Corporation from Indicor.
Honeywell to Buy Compressor Company from Indicor for $670M Read More »
Winsupply Names San Antonio Location Company of the Year
Winsupply recognizes its top performing companies in plumbing, HVAC, industrial, electrical, waterworks, pumps, turf irrigation and more.
Winsupply Names San Antonio Location Company of the Year Read More »
Sonepar Company Codale Electric Opens Idaho Location
Codale Electric, a Sonepar company, announced the opening of its new Nampa, Idaho, branch location.
Sonepar Company Codale Electric Opens Idaho Location Read More »
Amazon 1Q Sales Jump 9% to More than $127B
The earnings call comes two weeks after Amazon said its Business segment was driving $35 billion in annualized gross sales by end of 2022.
Amazon 1Q Sales Jump 9% to More than $127B Read More »
Advance Estimate: 1Q GDP Decelerates to 1.1% Growth
GDP growth decelerated in 1Q due to a downturn in private inventory investment and a slowdown in nonresidential fixed investment, according to the Bureau of Economic Analysis.
Advance Estimate: 1Q GDP Decelerates to 1.1% Growth Read More »
Earnings Roundup: Saint-Gobain, TriMas, Pentair, Schneider
MDM looks at another round of earnings reports from industrial distributors and manufacturers.
Earnings Roundup: Saint-Gobain, TriMas, Pentair, Schneider Read More »
