Amazon Sues CPSC Over Product Recall Liability
Amazon says it isn’t liable as a distributor under the Consumer Product Safety Act due to its role as a third-party logistics provider.
Amazon Sues CPSC Over Product Recall Liability Read More »
News
U.S. Consumer Sentiment Plunges to Lowest Mark in 28 Months
The survey showed U.S. consumer sentiment significantly dropped in March, with inflation expectations hitting their highest level since 1993.
U.S. Consumer Sentiment Plunges to Lowest Mark in 28 Months Read More »
QXO Narrowly Re-Extends Beacon Offer; Raises $830M in Private Placement
QXO extends its all-cash tender offer for Beacon, one week after both companies confirmed negotiation talks.
QXO Narrowly Re-Extends Beacon Offer; Raises $830M in Private Placement Read More »
MRC Global Inks Deal to Offer Meter Technical Services
A new partnership enables MRC to launch complete meter supply chain.
MRC Global Inks Deal to Offer Meter Technical Services Read More »
Eaton to Buy Power Enclosures Maker Fibrebond for $1.4B
Louisiana-based Fibrebond designs and constructs modular power enclosures for a range of industries, such as data center, industrial and utility.
Eaton to Buy Power Enclosures Maker Fibrebond for $1.4B Read More »
ABC: February Construction Materials Prices Up 0.6% as Steel Jumps
ABC reported a major rise in the iron and steel commodity price, likely driven by tariffs that have given domestic producers greater pricing power.
ABC: February Construction Materials Prices Up 0.6% as Steel Jumps Read More »
Pipe & Tube Maker BRISMET Sold to Chinese Supplier for $45M
Tennessee-based BRISMET is a supplier of stainless, duplex, six moly and nickel alloys welded steel pipes.
Pipe & Tube Maker BRISMET Sold to Chinese Supplier for $45M Read More »
MRC Global Annual Sales Slide to $3B; Voices Rebound Optimism
The company reported a decline in 2024 sales, but remains optimistic about a 2025 rebound, driven by growth in gas utilities, product pricing and new market opportunities.
MRC Global Annual Sales Slide to $3B; Voices Rebound Optimism Read More »
Graybar Annual Sales Reach Record $11.6B
The company reported a record sales increase, despite a decline in net profit year-over-year that was it’s third-best all-time.
Graybar Annual Sales Reach Record $11.6B Read More »
Distributors Central McGowan, Minneapolis Oxygen Merge
The companies said the merger strengthens two locally rooted companies’ operations and expands product offerings.
Distributors Central McGowan, Minneapolis Oxygen Merge Read More »
Wholesale Inflation Slowed Considerably in February
The monthly PPI went unchanged in February following considerable increases in January and December, driven by a decline in final demand services.
Wholesale Inflation Slowed Considerably in February Read More »
Consumer Inflation Cooled in February, Trailing Expectations
The CPI trailed economists’ expectations, and did not capture the potential impact of tariffs on consumers.
Consumer Inflation Cooled in February, Trailing Expectations Read More »
S.F.E. Group Acquires Sumner Material Handling Brand from Southwire
Houston-based Sumner Brand is a manufacturer of jack stands, material lifts, welding tools and industrial equipment.
S.F.E. Group Acquires Sumner Material Handling Brand from Southwire Read More »
Genuine Parts’ UAP Acquires Auto Parts Distributor Benson in Canada
Cornwall, Ontario-based UAP is a distributor of automotive parts and heavy-duty parts, including tires, covers, shocks, wipers, coils and more.
Genuine Parts’ UAP Acquires Auto Parts Distributor Benson in Canada Read More »
Trump Halts Doubling of Steel & Aluminum Tariffs, with 25% Hike Now in Effect
A 50% metals import tariff threat was in retaliation to a Canadian export tax on electricity.
Trump Halts Doubling of Steel & Aluminum Tariffs, with 25% Hike Now in Effect Read More »
nVent to Buy Avail’s Electrical Group for $975M
Avail’s Electrical Products Group offers specialized products and solutions to support industrial and electrical applications.
nVent to Buy Avail’s Electrical Group for $975M Read More »
Ferguson 2Q Sales Accelerate on Volume Growth
Ferguson reported a solid sales increase in its November-January quarter, driven by organic and acquisition growth, offset by commodity price deflation and lower operating margins.
Ferguson 2Q Sales Accelerate on Volume Growth Read More »
Reece’s Fortiline Acquires Belair Road Supply in Northeast
Belair Road Supply is a supplier of water, sewer, storm and masonry products to customers across Marylan and Delaware.
Reece’s Fortiline Acquires Belair Road Supply in Northeast Read More »
Beacon Partners with Roofing Automation Provider
New York-based Renovate Robotics is a startup creating roofing automation robots to make roofing “safer and more productive” for contractors.
Beacon Partners with Roofing Automation Provider Read More »
ARG Industrial Expands in Oregon with 14th Location
The company grows its reach and combined hose and rigging capabilities in a single location to support new and established ARG customers.
ARG Industrial Expands in Oregon with 14th Location Read More »
