AD Elects 3 New LLC Board Directors
One former IMARK Electrical employee was appointed to the board, alongside one new appointment and two re-elections.
AD Elects 3 New LLC Board Directors Read More »
News
Ferguson Adding Montana DC Near Bozeman
Expected to be completed this summer, the new facility will feature a warehouse, DC, office space and a showroom.
Ferguson Adding Montana DC Near Bozeman Read More »
Hills Distribution Partners with 2 Northeast HVAC Suppliers
NY-based Coastal Supply Group and RJ Murray Company are distributors of HVAC inventory to customers in the northeast U.S.
Hills Distribution Partners with 2 Northeast HVAC Suppliers Read More »
Motion to Acquire Bearing Distributor in Hawaii
Honolulu-based Maguire Bearing is an industrial distributor with a range of repair products, including bearings, couplings and more.
Motion to Acquire Bearing Distributor in Hawaii Read More »
DNOW Launches Expanded $160M Repurchase Program
DNOW’s repurchase of its common stock doubles its previously announced program of $80 million in 2022.
DNOW Launches Expanded $160M Repurchase Program Read More »
Avnet Cites Challenging Market as 2Q Sales Fall 9%
Sales declined in the Americas and EMEA year-over-year, but Asia sales increased for the second consecutive quarter.
Avnet Cites Challenging Market as 2Q Sales Fall 9% Read More »
Applied October-December Sales Slide, but Margin Expands
Applied’s total sales declined year-over-year, but acquisitions drove most of the increase while foreign currency translation negatively impacted sales.
Applied October-December Sales Slide, but Margin Expands Read More »
Echelon Supply Appoints New President
Echelon promoted its former CFO and EVP with 13 years of experience to strengthen customer relationships.
Echelon Supply Appoints New President Read More »
Now Merged, Material Handling Firms AMP & AHS Rebrand as Akona
Akona will be based in Charlotte, NC, providing customers with a broadened range of products, including dryers, screeners, mixers and more.
Now Merged, Material Handling Firms AMP & AHS Rebrand as Akona Read More »
Rensa Filtration Acquires Air Filtration
Air Filtration is a Southern California-based manufacturer and distributor of air filter products and accessories.
Rensa Filtration Acquires Air Filtration Read More »
Advance: Durable Goods Orders Slip for 4th Month in Past 5
The monthly decrease was driven predominantly by transportation equipment, following an increase in November.
Advance: Durable Goods Orders Slip for 4th Month in Past 5 Read More »
Beacon Adopts Shareholder Rights Deal to Hold Off QXO
QXO calls the agreement “shareholder-unfriendly” and a “poison pill”.
Beacon Adopts Shareholder Rights Deal to Hold Off QXO Read More »
Leak Repair Solutions Provider Colt Group Acquires RJ Stacey
With growing demand for hot tap/line stop services, The Colt Group strengthens its geographic footprint in the Midwest with addition of RJ Stacey.
Leak Repair Solutions Provider Colt Group Acquires RJ Stacey Read More »
U.S. Consumer Sentiment Slides on Inflation Concerns
The survey showed U.S. consumer sentiment declined in January, following six-months of positive sentiment.
U.S. Consumer Sentiment Slides on Inflation Concerns Read More »
QXO Commences $11B Takeover Bid for Beacon
Beacon acknowledged the tender offer and recommended that shareholders take no action at this time.
QXO Commences $11B Takeover Bid for Beacon Read More »
Fusion Capital Partners Acquires Automation Distributor Tavoron
Minnesota-based Tavoron specialized in electrical and air automation components, robotic systems and compressed air technologies.
Fusion Capital Partners Acquires Automation Distributor Tavoron Read More »
PTDA Foundation Begins 2nd Year of Scholarship Program, Opens Applications
The foundation’s scholarship offers financial support to students and employees pursuing careers in the PT/MC industry.
PTDA Foundation Begins 2nd Year of Scholarship Program, Opens Applications Read More »
Data: Metalformers Voice 2025 Optimism for Business Conditions
PMA latest Business Conditions Report shows 35% of surveyed metalforming manufacturers predict an increase in economic activity this quarter.
Data: Metalformers Voice 2025 Optimism for Business Conditions Read More »
MDM’s 4Q24 MarketPulse, M&A Reports Now Available
These reports deliver a wealth of wholesale distribution economic metrics and dealmaking analysis covering the October-December period, along with forecasts for 1Q25 and beyond.
MDM’s 4Q24 MarketPulse, M&A Reports Now Available Read More »
ISM Chair Fiore to Retire in March
The Chair of ISM’s Manufacturing PMI Panel will retire, with a new leader set to take over in March 2025.
ISM Chair Fiore to Retire in March Read More »
