ABC Supply has announced key leadership promotions to strengthen its strategy, drive growth and enhance customer service.
ABC Supply Appoints New Leaders for Merchandising, Administrative & Branch Ops Read More »
Sonepar appointed the president of its Viking Electric subsidiary as its new VP of Business Transformation to lead the adoption of new technologies and streamline U.S. operations.
Viking Electric President to Lead Sonepar’s Business Transformation Read More »
It ends a four-month public standoff between the two companies and marks another milestone acquisition in the building materials distribution sector.
QXO, Beacon Secure $11 Billion Deal Read More »
The Fed elected to hold the rate after enacting three cuts over the final four months of 2024.
U.S. Fed Reserve Holds Interest Rate Steady; Eyes 2 Cuts in 2025 Read More »
U.S. cutting tool consumption declined year-over-year reflecting economic and political uncertainty.
Cutting Tool Orders Start Year Up MoM, Down YoY Read More »
OTR Fleet Service is a provider of truck repairs and fleet maintenance, operating from its centers in Dallas, Houston and San Antonio.
FleetPride Acquires OTR Fleet Service in Houston Read More »
QXO extends its offer to Beacon for a fifth time, two days after announcing additional funding secured from institutional investors.
QXO Continues to Extend Beacon Offer Deadline Read More »
The new facility expands the industrial distributor’s footprint positions it to improve service to customers in Kentucky and southern Indiana.
Martin Supply Opens New DC in Kentucky Read More »
New York-based Potter Associates serves industries such as power generation with a range of products, including gaskets, valves, fitting and more.
TIPCO Technologies Acquires Sealing Distributor Potter Read More »
The company unveiled a rebrand with a new logo, colors and website.
Fluid Handling Distributor John Brooks Refreshes Branding After 87 Years Read More »
The report shows a double-digit increase in housing starts month-to-month, while building permits saw a decline vs. January.
U.S. Housing Starts See Strong Rebound in February Read More »
U.S. industrial production rose in February, driven by gains in manufacturing and mining, surpassing expectations despite a decline in utilities.
February Industrial Production Jumps on Factory Output Read More »
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 »
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 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 »
A new partnership enables MRC to launch complete meter supply chain.
MRC Global Inks Deal to Offer Meter Technical Services Read More »
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 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 »
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 »
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 »
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