Beacon Made 2 Acquisitions, Opened 2 Greenfields in 4Q24
Beacon shared its fourth quarter expansion efforts to support growth and improve customer service.
Beacon Made 2 Acquisitions, Opened 2 Greenfields in 4Q24 Read More »
News
Palmdale Acquires Fellow Distributor Combs Oil
Combs is a fellow Florida-based distributor of fuel, gasoline, lubricants and related products.
Palmdale Acquires Fellow Distributor Combs Oil Read More »
November Factory Orders Slide, Shipments Tick Up
The November decline followed a 0.5% increase in October.
November Factory Orders Slide, Shipments Tick Up Read More »
China to U.S. Freight Rates Begin 2025 with Healthy Bump
Drewry’s World Container Index started 2025 with a notable week-to-week bump, though down from its recent 2024 highs, though down considerably from a year ago, and likewise for China to U.S. rates.
China to U.S. Freight Rates Begin 2025 with Healthy Bump Read More »
NY to Require Warehouse Operators to Adopt Injury Reduction Programs
The act requires employers to implement injury prevention measures for workers performing material handling tasks.
NY to Require Warehouse Operators to Adopt Injury Reduction Programs Read More »
R&S Industrial Supplies Acquires SASCO Fasteners in OR
SASCO is a Medford, OR-based distributor of industrial and construction supplies, fasteners and cutting tools.
R&S Industrial Supplies Acquires SASCO Fasteners in OR Read More »
United Electric Supply Appoints New President Among Other Leaders
The company announced five leadership appointments to strengthen its services, digital innovation and operational success.
United Electric Supply Appoints New President Among Other Leaders Read More »
Biden Rejects US Steel Sale to Nippon Steel
President Biden cited national security concerns and the need for domestic steel production, sparking criticism from both companies.
Biden Rejects US Steel Sale to Nippon Steel Read More »
Blocked Twice, Corporate Transparency Act Headed to Supreme Court
The DOJ has petitioned the Supreme Court to lift an injunction blocking the CTA, which requires businesses to report beneficial owners to curb money laundering.
Blocked Twice, Corporate Transparency Act Headed to Supreme Court Read More »
Manufacturing PMI Rises to 9-Month High, Tops Expectations
The December PMI report showed a rebound in production and a rise in new orders, showing slower contraction in U.S. manufacturing activity.
Manufacturing PMI Rises to 9-Month High, Tops Expectations Read More »
Zebra Technologies Acquires Brightpick Warehouse Robots Maker
Photoneo is a Kentucky-based developer of AI-powered robotics and 3D machine vision solutions, including the Brightpick line.
Zebra Technologies Acquires Brightpick Warehouse Robots Maker Read More »
MRC Global Enacts $125M Stock Buyback
The repurchase is expected to begin in the second quarter as part of the company’s strategy to return cash to shareholders.
MRC Global Enacts $125M Stock Buyback Read More »
Flow Control Distributor Centro Acquires LECORP
LECORP is a material processing, handling and environmental solutions provider based in Kentucky.
Flow Control Distributor Centro Acquires LECORP Read More »
Orgill Appoints COO Amid Other Execs
Hardlines distributor Orgill appointed a new COO, alongside several other executive promotions to strengthen its leadership team.
Orgill Appoints COO Amid Other Execs Read More »
MSC Metalworking Leader Join’s ISA Board
The new board member will offer new insights to ISA’s mission of strengthening the industrial supply chain.
MSC Metalworking Leader Join’s ISA Board Read More »
Applied Completes Hydradyne Acquisition
It combines the Nos. 1 and 10 companies on MDM’s 2024 Top Distributors List for Fluid Power and significantly strengthens Applied’s market position.
Applied Completes Hydradyne Acquisition Read More »
November Construction Spending Holds Steady
Government data showed flat November spending following three consecutive monthly increases.
November Construction Spending Holds Steady Read More »
U.K. Distributor Antifriction Acquires Scotland’s Scot Bearings
Aberdeen-based Scot Bearings is a distributor of bearing and power transmission products.
U.K. Distributor Antifriction Acquires Scotland’s Scot Bearings Read More »
Potential Port Strike Looms Again with 2 Weeks until Deadline
East and Gulf Coast port operators and union dockworkers are up against a Jan. 15 deadline to come to a new deal. Concessions still seem unlikely on both sides.
Potential Port Strike Looms Again with 2 Weeks until Deadline Read More »
Sonepar Sells Vallen Asia
Sonepar sold Vallen Asia to the latter’s leadership team in a management buyout, marking the company’s deconsolidation from Sonepar.
Sonepar Sells Vallen Asia Read More »
