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Avnet Consolidates Embedded Compute Options in New Tria Brand
Electronic components distributor Avnet announced the launch of a new product brand and corresponding business unit, Tria Technologies. This initiative aims to consolidate Avnet’s compute design and...
View ArticleQXO’s War Chest Up to $5B After Another Private Placement
QXO — a building materials distribution company founded in late 2023 by serial entrepreneur Brad Jacobs — has landed another $620 million in private placement financing. The company shared July 19 that...
View ArticleWhat to Do When Tried and True Technology Becomes Ball and Chain
In an era where startups are achieving billion-dollar market caps in just four years, wholesale distributors are being stifled by legacy technology systems that have become, in effect, a ball and...
View ArticleMotion’s 2Q Declines Reflect Ongoing Industrial Softness
Genuine Parts Company reported its 2024 second quarter financial results on July 23, which showed a slight increase in overall sales that were supported by recent acquisitions and operational...
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Mfg & Distribution Software Provider Advantive Acquires Pepperi
Advantive, a software provider for specialty manufacturing and distribution businesses, acquired Pepperi, a B2B sales platform for wholesalers and distributors. Terms of the transaction were not...
View ArticleBlackHawk Industrial Shares New Operational Initiatives
BlackHawk Industrial, a distributor of metalworking and industrial products, is making several changes aimed at improving operational efficiency, customer service and environmental responsibility. The...
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MDM Podcast: SHIFT Keynote to Focus on CX, Adaptation
Lead photo: McKinsey & Company Senior Partner Kevin Sachs (right) and Partner Alex Abdelnour (left) deliver the 2023 SHIFT keynote on Sept. 19, 2023 in Denver. (MDM Photo) MDM’s 2024 SHIFT...
View ArticleRelevant Industrial Launches eCommerce Platform
Relevant Industrial, a Houston, TX-based distributor of industrial equipment, launched an eCommerce platform. The platform is designed to provide customers with a way to procure industrial equipment...
View ArticleHoneywell Report Details Industrial AI Update
Industrial manufacturing conglomerate Honeywell published its Industrial AI insights global research study, revealing insights into the state of Artificial Intelligence in the industrial sector. The...
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Wesco Analysis, Pt. 3: Digitize the Business (Free)
Editor’s Note: This is the condensed, free version of the MDM Premium article by the same title — the third in a three-part series. You’ll find much more depth and analysis in the Premium version. It...
View ArticleWesco Analysis, Pt. 3: Digitize the Business
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 Wesco Analysis,...
View ArticleFTC Looking Into ‘Surveillance Pricing’ from 8 Companies
The Federal Trade Commission (FTC) has issued orders to 8 companies – Mastercard, Revionics, Bloomreach, JPMorgan Chase, Task Software, PROS, Accenture and McKinsey & Co. — regarding their...
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Beacon Adds Aerial View Order Tool to eCommerce Offering
Beacon, a Herndon, VA-based wholesale distributor that specializes in roofing, waterproofing and related exterior products, announced an expanded alliance with Bellevue, WA-based aerial imagery,...
View Article3M Safety & Industrial Sales Improve in 2Q
Under the direction of a new CEO, manufacturing conglomerate 3M reported its 2024 second-quarter financials on July 26. Total sales for the quarter reached $6.3 billion, down 0.5% year-over-year....
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Manufacturer’s Rep FactoryLink Acquired by its Sales Leader
FactoryLink, a Mount Vernon, OH-based manufacturer representative company that focuses on cutting tools, work holding, abrasives and metrology solutions, was acquired by Keith Brown — the company’s...
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Insulation Distributor NESI Acquires Poly-Cel in Massachusetts
Lawrence, MA- based Northeast Specialty Insulations (NESI) acquired Poly-Cel, an Acton, MA-based foam fabrication company that supplies composite insulation industries with custom parts, panels and...
View ArticleInside City Electric Supply’s Multipurpose CES Connect Event
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 Inside City...
View ArticleU.S. Government Rules Amazon is a Distributor and Liable for Recalls
Back in early February of this year, MDM reported on how the U.S. government’s designation of Amazon was to be voted on by the U.S. Consumer Product Safety Commission (CPSC) in regards to the...
View ArticleMotion Commits to Indigenous Relations Accreditation Program
Motion Industries, a Birmingham, AL-based distributor of MRO replacement parts, announced its commitment to Partnership Accreditations in Indigenous Relations (PAIR) program in Canada. PAIR, a program...
View ArticleWatsco 2Q Sales Improve, Gross Margin Slides
Miami-based Watsco — North America’s largest HVACR distributor — reported its 2024 second quarter results on July 30, showing healthier residential end-markets and an increase in sales of commercial...
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