Monthly Construction Spending Up 0.4%
November 2021 construction spending was estimated at $1,625.9 billion, a 0.4% increase over the revised October estimate.
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News
Avnet Names New Group Leader
The global tech solutions provider has named Dayna Badhorn its regional president for Americas electronics components effective immediately.
Avnet Names New Group Leader Read More »
Lawson Merging with TestEquity, Gexpro Services
The MRO distributor recently said it reached merger agreements to combine the two LKCM Headwater companies in an all-stock deal.
Lawson Merging with TestEquity, Gexpro Services Read More »
December 2021 M&A Roundup: Genuine Parts’ Acquisition of Kaman Highlights Month
Ohio Transmission Corporation, an industrial equipment service distributor, acquired Diversified Pump, TP Pump and Critical Rental Solutions.
December 2021 M&A Roundup: Genuine Parts’ Acquisition of Kaman Highlights Month Read More »
Crawford Unveils ‘Open-Concept’ Branch
Crawford Electric Supply, a Sonepar company, announced it is opening a new 12,000-square-foot location in Texas.
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Trade Deficit Rises, Exports Down in Nov.
The international trade deficit was $97.8 billion in November, while exports were down $3.3 billion, according to a Census Bureau report.
Trade Deficit Rises, Exports Down in Nov. Read More »
ABC Supply Acquires Siding Sales
The distributor of roofing, siding and other select exterior building products acquired the assets of Siding Sales Inc.
ABC Supply Acquires Siding Sales Read More »
Envoy Solutions Acquires Valley Janitor
The Illinois company says it acquired Hamilton, Ohio-based Valley Janitor Supply Company, the seventh acquisition over the past few months.
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GWS Tool Acquires Carbide
The Florida-based company says the deal will further strengthen its capability and capacity in for carbide round tooling in the Midwest.
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CFNAI Dips in November
Led by slower growth in production-related indicators, the Chicago Fed National Activity Index decreased to +0.37.
CFNAI Dips in November Read More »
MSC Fiscal 1Q Sales Up 9.9%
MSC Industrial Supply Co. reported fiscal 2022 first-quarter net sales of $848.5 million for the period ending Nov. 27.
MSC Fiscal 1Q Sales Up 9.9% Read More »
Consumer Prices Rise 6.8%
The Consumer Price Index has seen its largest 12-month increase in nearly four decades, according to recently released federal data.
Consumer Prices Rise 6.8% Read More »
Amazon Hubs to Add 2,550 Jobs
The online retail and e-commerce giant says hubs in Austin and Phoenix will create jobs amid expansions taking place over the next few years.
Amazon Hubs to Add 2,550 Jobs Read More »
Painters Supply Acquires Specialty Coatings
The company made a deal with the distributor of paints, coatings, and supplies for industrial, architectural and other applications.
Painters Supply Acquires Specialty Coatings Read More »
Sonoco Acquiring Ball Metalpack for $1.35B
Sustainable global packaging company says it reached a deal to acquire a leading manufacturer of for food and household products.
Sonoco Acquiring Ball Metalpack for $1.35B Read More »
Pipeline Packaging Acquires MidStates
The Ohio-based leading distributor of rigid industrial containers acquired the full-line packaging distributor.
Pipeline Packaging Acquires MidStates Read More »
Georgia-Pacific Invests $500M-plus in Complex
The paper-towel and tissue company says its new papermaking complex in Green Bay, Wisconsin, will generate about 150 jobs.
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Kodiak Acquires Shepley Wood Products
The Colorado company says it has acquired Massachusetts-based company that serves architects, builders, designers and homeowners.
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TriMas Closes Omega Deal
The Michigan-based manufacturer of engineered and applied products announced it has closed its acquisition of Omega Plastics.
TriMas Closes Omega Deal Read More »
Emerson Acquires Mita-Teknik
St. Louis-based Emerson Electric Co. acquired the wind-power control automation business in an all-cash transaction.
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