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 »
News
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 »
Meritus Gas Partners Acquires Oxygen Service Company in MN
OSC is a distributor of packaged gases and welding supplies, serving a range of industries, including healthcare, food and beverage, manufacturing and construction.
Meritus Gas Partners Acquires Oxygen Service Company in MN Read More »
NetPlus: 87% of Distributors Expecting Growth in 2025
Despite some uncertainty, NetPlus Alliance members remain optimistic about growth in 2025, according to the group’s latest Industry Outlook report.
NetPlus: 87% of Distributors Expecting Growth in 2025 Read More »
QXO, Beacon Working Toward $11B Deal
Beacon has also postponed its Investor Day that was scheduled for March 13.
QXO, Beacon Working Toward $11B Deal Read More »
January Metalworking Machinery Orders Sink 30% MoM, Rise 6% YoY
January’s report had mixed performance signals amid global trade uncertainties.
January Metalworking Machinery Orders Sink 30% MoM, Rise 6% YoY Read More »
QXO’s Brad Jacobs Pens Open Letter to Beacon Employees
To further court Beacon investors to tender their shares into QXO’s buyout offer, QXO’s founder and CEO wrote to sympathize and level with Beacon staff.
QXO’s Brad Jacobs Pens Open Letter to Beacon Employees Read More »
January U.S. Wholesale Sales Fall 1.3% as Inventories Pile Up
January wholesale sales showed a monthly decline that nearly negated December’s strong growth, while nventories surged after sliding for four straight months.
January U.S. Wholesale Sales Fall 1.3% as Inventories Pile Up Read More »
Parker Distributor Exotic Automation Names New President
The Michigan-based Parker Hannifin subsidiary appointed a new leader as its former president transitions to CEO.
Parker Distributor Exotic Automation Names New President Read More »
Acquisitions Power DXP’s Strong Annual Sales Gain
The company reported strong 4Q and full-year results, driven by sales growth across its business segments and seven acquisitions during 2024.
Acquisitions Power DXP’s Strong Annual Sales Gain Read More »
