New Orders for Manufactured Goods Drops in February
After 9 straight monthly increases, new orders decreased $2.7 billion, or 0.5%, to $542 billion, according to Census Bureau data.
New Orders for Manufactured Goods Drops in February Read More »
News
BradyIFS Acquires Associated Paper, Inc.
The foodservice, janitorial and sanitation distributor called Associated Paper “an industry leader with unique capabilities.”
BradyIFS Acquires Associated Paper, Inc. Read More »
Winsupply Purchases Williams Wholesale
The company completed a deal to buy Williams Wholesale Supply, a plumbing and electrical distributor with locations in Tennessee.
Winsupply Purchases Williams Wholesale Read More »
Lawson Announces CEO Succession Plan
The distributor says Cesar Lanuza has been appointed president and CEO of Lawson’s operating company, as Michael G. DeCata retires.
Lawson Announces CEO Succession Plan Read More »
Parts Town Acquires Encompass
The distributor of OEM foodservice parts says Encompass Supply Chain Solutions delivers nearly $200 million in annual revenue.
Parts Town Acquires Encompass Read More »
Echelon Acquires Berg-Nelson Company
HCI Equity Partners-backed Echelon Supply and Service says it acquired Berg-Nelson Company, Inc. in late March.
Echelon Acquires Berg-Nelson Company Read More »
US LBM Acquires Crown Components
The Buffalo Grove, Illinois-based distributor reached a deal to acquire the manufacturer and supplier of structural roof and floor trusses.
US LBM Acquires Crown Components Read More »
SRS Acquires Florence, Amagansett in NY
Building products distributor SRS has expanded into the New York market by acquiring Florence Corporation and Amagansett Building Materials.
SRS Acquires Florence, Amagansett in NY Read More »
Core & Main to Acquire Lock City Supply
The wastewater, storm drainage and fire protection distributor agreed to acquire ‘substantially’ all of the assets of Lock City Supply Inc.
Core & Main to Acquire Lock City Supply Read More »
Platinum Equity’s Paramount Global Surfaces Acquires Stone Source
Adding the national tile and stone distributor boosts PGS’ offering in the growing commercial flooring market.
Platinum Equity’s Paramount Global Surfaces Acquires Stone Source Read More »
Solve Acquires SST Bearing in Ohio
Solve Industrial Motion Group announced March 31st that is has acquired SST Bearing Corporation, including USA Rollers, Inc.
Solve Acquires SST Bearing in Ohio Read More »
Core & Main Fiscal 2021 Sales Top $5B
The St. Louis-based company also reported that fiscal 2021 fourth-quarter net sales were nearly $1.25 billion.
Core & Main Fiscal 2021 Sales Top $5B Read More »
Woodgrain Affiliate Commences Offer for Huttig Shares
Woodgrain Inc. last month reached a deal to acquire Huttig Building Products for $350 million in an all-cash agreement.
Woodgrain Affiliate Commences Offer for Huttig Shares Read More »
FBM Announces Charge Increases
The distributor says the ‘unanticipated rapid rise’ in fuel costs has pushed its suppliers to increase delivery charges.
FBM Announces Charge Increases Read More »
Mike Hockett Joins MDM as Executive Editor
MDM welcomes content leader with deep industry experience as it strengthens industry coverage in 2022.
Mike Hockett Joins MDM as Executive Editor Read More »
Inflation Indicator Reaches 40-Year High
The personal consumption expenditures index, which is monitored by the Federal Reserve, jumped 6.4% in February.
Inflation Indicator Reaches 40-Year High Read More »
3rd Estimate: GDP Grew at 6.9% in 4Q
A new estimate from the Bureau of Economic Analysis says real gross domestic product increased at an annual rate of 6.9% at the end of 2021.
3rd Estimate: GDP Grew at 6.9% in 4Q Read More »
MSC Fiscal 2Q Sales Increase 11.4%
In its latest earnings report, the company reported fiscal 2022 second-quarter net sales of $862.5 million.
MSC Fiscal 2Q Sales Increase 11.4% Read More »
OTC Acquires American Industrial Corporation
The Columbus-based industrial distributor formerly known as Ohio Transmission Corp. announced the acquisition Wednesday.
OTC Acquires American Industrial Corporation Read More »
Arrow CFO Leaving Company
Christopher D. Stansbury is expected to depart from the company Friday, Colorado-based distributor Arrow Electronics said.
Arrow CFO Leaving Company Read More »
