Midland Acquires Century Brass
Midland Industries, a portfolio company of Wynnchurch Capital, acquired U.S. plumbing industry distributor Century Brass Products.
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News
Amazon Expands Operation Sites
The retailer and e-commerce giant will open 3 operations facilities in Alabama, where the company plans to add 500 more jobs by year’s end.
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Sysco Sees Sales Growth
Sales for 2022 fiscal first quarter were $16.5 billion, while operating income increased more than 50% compared with the previous year.
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MRC Global 3Q Sales Up
The global distributor of pipe, valves and fittings and infrastructure products had sales of $685 million in the third quarter of 2021.
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Fastener Distributor Index Improves
The seasonally adjusted FDI rose in October to 56.1 despite continued supply chain disruption, according to a new analysis.
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Cardinal Health Revenue Increases
For its 2022 fiscal first quarter, Cardinal Health reported $44 billion in revenues, a 13% increase over the same period the year before.
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Masonite 3Q Sales Rebound
The manufacturer and distributor of interior and exterior doors reported 2021 third-quarter net sales of $652M, an 11% jump over last year.
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L&W Supply Acquires G. Proulx
Building materials and specialty products distributor acquires the assets of G. Proulx Building Materials, based in Ft. Lauderdale, Florida.
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FleetPride Acquires Garden Spot
FleetPride Inc., an after-market distributor of truck and trailer parts and services, has acquired Garden Spot Frame & Alignment.
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Olympic Steel Has Record 3Q
For the third quarter of 2021, national metals service center Olympic Steel, Inc. reported net income of $44.5 million.
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US Foods 3Q Sales Rise
US Foods Holding Corp. reported that 2021 third-quarter sales were $7.9 billion, a 34.9% increase over the same period in 2020.
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Manufacturing Tech Orders Up 9%
September orders totaled $590M, according to the Manufacturing Technology Orders Report by The Association For Manufacturing Technology.
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AIS Opens New Distribution Center
All Integrated Solutions, a division of MSC Industrial Supply Co. moved into a distribution center near Minneapolis and Saint Paul, Minnesota.
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Summit Opens Arizona Center
Summit Electric Supply opened another new Service Center, which features a full counter and a will-call desk for phone and online orders.
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Solve Adds New Management
Solve Industrial Motion Group, a Charlotte, N.C.-based bearings manufacturer, adds digital marketing and business development leaders.
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Heritage Acquires Irrigation Companies
Heritage Landscape Supply Group, Inc. recently acquired two companies: North Florida Irrigation Equipment and Texas-based Irrigation Supply.
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Graybar Names New Execs
Electrical, communications and data networking distributor says a dozen executives will assume new roles within the company starting in 2022.
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SBP Will Acquire Millwork
Specialty Building Products reached a deal to acquire Millwork Sales, a distributor of doors, door components, moulding and millwork.
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Goods and Services Deficit Rises in September
The goods and services deficit was $80.9 billion in Sept., up $8.1 billion from $72.8 billion in August, according to a new analysis.
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Fastenal October Sales Up
Winona, Minnesota-based Fastenal Co. reported October sales of more than $531 million, an 8.9% increase over the same month in 2020.
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