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Ingersoll Rand Makes Acquisitions in U.S., Italy, India
Pumps manufacturer Ingersoll Rand acquired Air Power Systems Co., Blutek s.r.l. and UT Pumps & Systems for a combined price of $135 million, marking deals in the U.S. Italy and India, respectively....
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TIPCO Acquires Alliance Hose & Rubber in Northern IL
Fluid solutions distributor TIPCO Technologies partnered with Alliance Hose & Rubber Co. Terms of the transaction were not disclosed. Elmhurst, IL-based Alliance Hose & Rubber is a supplier of...
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IBT Industrial Solutions Appoints New VP of Sales
Full-line industrial distributor IBT Industrial Solutions promoted Kyle Dixon to VP of Sales, effective immediately. In 1995, Dixon started his career at IBT Industrial Solutions, where he held various...
View ArticlePorts Strike Ends as Union, Operators Reach Tentative Deal
U.S. ports will resume fully staffed Friday, with dockworkers and employers ending a stalemate Thursday evening that had closed shipping gateways from Maine to Texas for three days. The International...
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A&M Industrial Acquires Mosher in New England
Rahway, NJ-based MRO, metalworking and other industrial supplies distributor A&M Industrial acquired The Mosher Company. Terms of the transaction were not disclosed. Chicopee, MA-based The Mosher...
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Builders FirstSource Acquires Douglas Lumber in Rhode Island
Building materials distributor Builders FirstSource acquired Douglas Lumber. Terms of the transaction were not disclosed. Rhode Island-based Douglas Lumber is an independent lumber and building...
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Network Distribution Appoints First Chief Commercial Officer
JanSan, foodservice disposables and industrial packaging distributor Network Distribution appointed James Timberlake as the company’s first Chief Operational Officer. Timberlake joined Network in...
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BigCommerce Makes CEO Change
Composable commerce software-as-a-service provider BigCommerce appointed Travis Hess as CEO. Brent Bellm stepped down as CEO and Chairman of the Board. The Board elected Hess as a director to fill the...
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Distribution Solutions Goup’s TestEquity to Make New England Acquisition
Distribution Solutions Group’s operating company TestEquity — a distributor test and measurement equipment, related industrial assembly supplies and tool kits — reached a deal to acquire ConRes Test...
View ArticleHow City Electric Supply Approaches Leadership, Branch Support and Autonomy
To continue reading this article you must be a paid subscriber. Subscribe to MDM Already Subscribed? Click here to log-in | Forgot your password?NAW Member? Click here to log-inThe post How City...
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Canada’s Doman Building Materials Adds CM Tucker Lumber in SC
Canada-based building materials distributor Doman Building Materials (Doman) acquired CM Tucker Lumber Companies (Tucker Lumber). Terms of the transaction were not disclosed. Pageland, SC-based Tucker...
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Builders FirstSource Adds High Mountain Door & Trim in Reno
Building materials distributor Builders FirstSource acquired High Mountain Door & Trim Inc. (HMDT). Terms of the transaction were not disclosed. Founded in 2014, Reno, NV-based HMDT — a division of...
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True Value Pursuing Sale of Company
Hardware wholesaler True Value is considering a potential sale of the company. CEO Chris Kempa provided the status update of the Chicago-based hardware wholesaler in an Oct. 4 letter to vendor...
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Arrow Fastener Promotes COO to CEO
Hand tools manufacturer GreatStar Tool USA — a division of China-based GreatStar Tools — promoted Roberto Izaguirre to CEO of Arrow Fastener Company. Izaguirre previously held the position of COO at...
View ArticleCalifornia Enacts Law Regulating Warehouse Development
California Governor Gavin Newsom signed Assembly Bill 98, which established new siting and design standards for industrial warehouses in the state, according to a news release. The bill introduces a...
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Global Industrial Inks Marketing Deal with NHL’s New York Islanders
Industrial and MRO supplies distributor Global Industrial announced a multi-year marketing partnership with the NHL’s New York Islanders and UBS Arena in Elmontm, NY. Global Industrial said that the...
View ArticleUS LBM Acquires Texas Tool Traders
Building materials distributor US LBM acquired Texas Tool Traders. Terms of the transaction were not disclosed. Texas Tool Traders is a supplier of construction fasteners, tools and supplies for...
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Turner Supply Adds Alabama Industrial Distributors
Alabama-based industrial supply distributor Turner Supply acquired Alabama Industrial Distributors. Terms of the transaction were not disclosed. Oxford, AL-based Alabama Industrial Distributors serves...
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Federal Signal Acquires Standard Equipment Company for $39M
Environmental and safety solutions provider Federal Signal Corporation acquired Standard Equipment Company (Standard). Terms of the transaction were not disclosed. The deal involved an initial purchase...
View ArticleHow Can Distributors Get the Inventory Visibility They Really Need?
Distributors have multiple sales channels and thousands or even millions of SKUs — each of which fluctuates with demand and follows its own complex supply chain. It’s no surprise that accurate...
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