Two industry veterans join R.S. Hughes to strengthen its supply chain and marketing strategy.
R.S. Hughes Appoints New Chief Supply Chain Officer and VP of Marketing Read More »
We’re off Monday in observance of Presidents’ Day in the U.S., so Update will be back in action Tuesday morning.
No MDM Update Newsletter Monday Read More »
DNOW’s earnings show strong U.S. and Canada sales growth, but a decline in international performance, with the company projecting flat-to-modest growth for 2025.
DNOW Sees Sequential Margin & EBITDA Growth in 4Q Read More »
AD’s Independent Electrical Supply Division gave an update on its membership following the integration of former IMARK Electrical members.
AD Gives Independent Electrical Supply Division Update, Announces 2025 Board Read More »
Rexel reported that positive momentum in North America slightly offset the softer conditions in Europe, notably in the company’s electrification segment.
Rexel North America Sales Continue to Outpace Overall Growth Read More »
Wholesale prices remained particularly elevated in January, driven by increases in both final demand and core prices.
January Producer Prices Rise Above Expectations Read More »
See the detailed roster of directors QXO proposed, as well as Beacon’s prompt response.
QXO Unveils Slate of Directors to Replace Beacon’s, Gains Antitrust Clearance Read More »
California-based Thompson Industrial Supply is a distributor of bearings, gear reducers, motors, hydraulics and more, catering to large and small businesses.
Motion to Acquire Thompson Industrial Supply in SoCal Read More »
The new facility features temperature control, diverse storage options and enhanced operational efficiency to better serve its customers.
Chemicals, Ingredients Distributor LBB Specialties Opens DC Near Philly Read More »
The Consumer Price Index rose month-to-month and year-over-year, both surpassing expectations with increases in shelter, food and core inflation.
January U.S. Consumer Prices Rise Faster than Expected Read More »
Founder of Fastenal and former Minnesota State Senator Bob Kierlon spearheaded the company’s growth and contributed to community development and philanthropy.
Fastenal Founder Bob Kierlin Dies at 85 Read More »
It’s set to form a leading material handling and motion control supplier with annual revenues of about $2.1 billion.
Columbus McKinnon to Buy Kito Crosby in $2.7B Deal Read More »
The new president brings over 27 years of executive leadership experience and is expected to drive growth while strengthening the company’s commitment to its customers.
Access Control Distributor AlarMax Appoints President Read More »
San Diego, CA-based Airsupply Jeyco, now known as Airsupply Tools, offers tool kitting, specialty tool distribution, laser etching and more.
MRO Distributor Airsupply Jeyco Acquired by Buyout Firm Tide Rock Read More »
CFI provides customers with industrial fluid power, lubrication systems and motion control solutions from facilities in Texas, Oklahoma and Louisiana.
Relevant Industrial Expands South, Acquires Controlled Fluids Read More »
Wesco said it expects organic sales and operating margin to grow in 2025.
Wesco 4Q Organic Sales Improve, Margin Dips Read More »
The new order includes a rule requiring foreign steel and aluminum material to be processed within North America.
Trump Orders 25% Tariffs on Steel, Aluminum Read More »
The company expects to cut costs via a significant downsizing of its physical footprint.
Adhesives Maker H.B. Fuller to Slash Production, Warehousing Footprint Read More »
Joining forces with Platinum will give R&B Wholesale additional financial and operational tools to enable growth, company officials said.
Home Appliances Distributor R&B Wholesale Privately Acquired Read More »
However, orders ended the year with strong momentum.
Metalworking Machinery Orders Fell for 3rd Straight Year in 2024 Read More »
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