PTDA Adds 4 Categories to PIE Technology Platform
The Power Transmission Distributors Association (PTDA) and Bearing Specialists Association (BSA) added four product categories to its PIE Technology Platform (PIE). The four product categories —...
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SureWerx Appoints Supply Chain Leader
Personal protective equipment, safety solutions and tools & equipment manufacturer SureWerx promoted Eric Fouts to Global Chief Supply Chain Officer (CSCO). Eric Fouts Fouts will oversee supply...
View ArticleMDM Research: Large Distributors Spending Less on Industry Events
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 MDM Research:...
View ArticleWatsco 3Q Sales Rise 2% YoY, Margin Narrows
Miami-based Watsco — North America’s largest HVACR distributor — reported its 2024 third quarter results on Oct. 23, showing healthier unit sales of HVAC equipment and an increase in digital sales....
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White Cap to Acquire Triumph Geo-Synthetics in Anaheim
Construction and industrial supplies distributor White Cap agreed to acquire Triumph Geo-Synthetics, Inc. Terms of the pending transaction were not disclosed. Anaheim, CA-based Triumph Geo-Synthetics...
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HCI Equity Launches Automotive Aftermarket Distributor with Chicago Acquisition
Private equity firm HCI Equity Partners (HCI) launched an automotive aftermarket distribution platform named Driven Distribution Group. The launch aligns with Driven Distribution Group’s acquisition of...
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NEFCO Acquires Sheinberg Tool in Corpus Christi
Construction and contract supplies distributor NEFCO acquired Corpus Christi, TX-based Sheinberg Tool Co. Terms of the transaction were not disclosed. Founded in 1957 by Joseph and Ruth Sheinberg,...
View ArticleMSC Sees Steep 4Q Profit Slide as Sales Fall 8%
Metalworking and MRO supplies distributor MSC Industrial Supply reported its 2024 fiscal fourth quarter and full year results on Oct. 24, showing a decline in both the fourth quarter sales and full...
View ArticleApplied 1Q Sales Up 0.3%, Organic Down 3%
Fluid power, power transmission and automation products distributor Applied Industrial Technologies reported its 2025 first quarter (July-September) financial results on Oct. 24. For the three months...
View ArticleAmerican Tire Distributors Files for Bankruptcy for 2nd Time in 6 Years
Replacement tires supplier American Tire Distributors (ATD) filed for bankruptcy protection Oct. 22 for the second time in six years. Huntersville, NC-based ATD signed a restructuring support agreement...
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Venturi Supply Acquires PVF Distributor Cohn & Gregory
Phoenix, AZ-based pipe, valves, fittings, engineered products and industrial supplies distributor Venturi Supply acquired Cohn & Gregory. Terms of the transaction were not disclosed. PODCAST:...
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Sweden’s Trelleborg to Acquire CRC Distribution in Alabama
Featured image courtesy of CRC Distribution Facebook Industrial polymer supplier Trelleborg Group — through its Trelleborg Sealing Solutions business — has agreed to acquired U.S. company CRC...
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Imperial Dade Adds Former BradyPlus Exec to Lead Business Development
Foodservice packaging, industrial and JanSan supplies distributor Imperial Dade appointed Jeff Roberts to Senior Vice President of Business Development & Commercialization. Jeff Roberts Roberts has...
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Acuity Brands Buys Audio-Vision Supplier QSC for $1.2B
Atlanta, GA-based industrial technology manufacturer Acuity Brands agreed to acquire QSC, LLC for $1.1 billion. Terms of the transaction were not disclosed. The net purchase price represents...
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Genesys Industries Acquires F3 Aerospace
Precision CNC components and products manufacturer Genesys Industries acquired F3 Aerospace (F3). Terms of the transaction were not disclosed. Decatur, IL-based F3 is a manufacturer of structural...
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Emuge-Franken Appoints Former BlackHawk Exec as North American Sales Leader
Military rotary tools manufacturer Emuge-Franken appointed Mike Patterson as National Sales Manager for the U.S. and Canada. In this role, he will provide enhanced support for customers and distributor...
View ArticleWhy Most AI Projects Fail — and How to Ensure Yours Succeeds
AI has been hailed as the next big leap for distribution businesses, promising unprecedented efficiencies, customer insights and profitability. The polls White Cup conducted in recent webinars on the...
View ArticleStanley Black & Decker Posts 3Q DEWALT Growth, Consumer Decline
Stanley Black & Decker reported its 2024 third quarter financial results on Oct. 29, which showed a positive performance in the company’s DEWALT products. SBD posted total sales of $3.8 billion,...
View ArticleGraybar 3Q Sales Rise 4.4% as Profit Slides
Electrical and industrial supplies distributor Graybar shared its 2024 third quarter financial performance, which showed continued sales growth — albeit slower than in 2Q — and another decrease in net...
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Motion Acquires Hydraulics Manufacturer in Canada
Birmingham, AL-based MRO replacement parts distributor Motion agreed to acquire Canada-based Stoney Creek Hydraulics. Terms of the transaction were not disclosed. Stoney Creek Hydraulics is a...
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