Latest report shows U.S. cutting tool consumption up 14.7% from previous month of August, while year-to-date total is down 23.1% from same period of 2019.
U.S. Cutting Tool Consumption Down 20.5% in September Read More »
Lowe’s also posts a profit of $692 million as the company continues to ride the wave of home improvement growth amid the COVID-19 pandemic.
Lowe’s 3Q Sales Spike 28.3% Read More »
The seasonally adjusted Fastener Distributor Index (FDI) for October was 56.5, up from 49.2 in August.
Fastener Distributor Index Up in October Read More »
The U.S. Census Bureau reported that the combined value of distributive trade sales and manufacturers’ shipments and inventories for September was up 0.8% from the same month last year.
Manufacturing and Trade Shipments Up in September Read More »
According to the Industrial Production and Capacity Utilization Report, manufacturing output increased 1% during the month; industrial production was still 5.6% below its pre-pandemic February level.
Industrial Production Up 1.1% in October Read More »
Plumbing and HVAC distribution giant Ferguson adds Old Dominion Supply Inc. and Atlantic Construction Fabrics Inc. to its portfolio.
Ferguson Acquires Two Companies Read More »
The 11,000-square-foot location for Heritage Landscape brand HLS Outdoor will be led by Jamie Greenstreet, a nine-plus year industry veteran with experience serving in various operational roles.
Heritage Landscape Supply Group Expands into Kansas Read More »
Distributor of specialty building materials trades hands and will now serve as Clearlake Capital Group’s latest platform for organic growth and add-on acquisitions in this sector.
PrimeSource Being Sold from One PE Firm to Another Read More »
Bearings manufacturer SKF announces that Alrik Danielson is leaving the company after nearly five years at the helm.
SKF President and CEO Stepping Down in 2021 Read More »
American Securities LLC is the latest private equity firm to snap up one of the country’s top building materials distributors.
Foundation Building Materials to Be Acquired for $1.4 Billion Read More »
Building materials distributor HD Supply returns to the company that had sold it to private equity in 2007, though HD Supply went public in 2013 and has since reshaped its portfolio.
Home Depot to Acquire HD Supply Holdings for $8.7 Billion Read More »
Building materials distributors, which will soon combine, announced the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
Builders FirstSource, BMC Stock Holdings Clear Key Hurdle Read More »
Curbell Plastics combines two locales in Arlington, Texas, into larger Timberlake Drive facility, also in Arlington.
Curbell Plastics Combines Two Texas Locations Read More »
Bain Capital Private Equity establishes a solid building materials presence with the addition of US LBM, the sixth-largest construction distributor according to MDM’s most recent Market Leaders rankings.
US LBM to Be Acquired by Bain Capital Private Equity Read More »
Former Grainger exec Kristi Dahlke tapped to lead financial department at Crescent Electric.Â
Crescent Electric Appoints CFO Read More »
3M reports that sales increased 2% in the Americas and EMEA (Europe, Middle East and Africa) last month as the company continued its post-pandemic momentum.
3M’s October Sales Grow 3% Read More »
Amazon’s new fulfillment center in Madison County, Mississippi, will create hundreds of new full-time jobs and give the company faster delivery times in the region.
Amazon to Build Fulfillment Center in Mississippi Read More »
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Nov. 2 to Nov. 6 marked one of the best non-holiday-influenced weeks since February.
Pandemic Revenue Index Jumps 8.6% Read More »
Electrical distributor names Robert Courcy to key post in company’s Gulf Region, where he will manage offices in Houston and Port Lavaca, Texas, and Geismar, Louisiana.
Turtle & Hughes Appoints Gulf Region VP Read More »
Addition will give manufacturer/distributor Myers Industries a foothold in the roto-molding business.
Myers Industries Acquires Elkhard Plastics Read More »
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