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R&S Industrial Supplies Acquires SASCO Fasteners in OR
Salem, OR-based industrial fasteners, construction and building materials distributor R&S Industrial Supplies acquired SASCO. Terms of the transaction were not disclosed. Medford, OR-based SASCO is...
View ArticleNY to Require Warehouse Operators to Adopt Injury Reduction Programs
On Dec. 21, the New York State Senate established the Warehouse Worker Injury Reduction Program as an amendment to the state’s labor law, signed into action by Gov. Kathy Hochul. Set to take effect...
View ArticlePalmdale Acquires Fellow Distributor Combs Oil
Fuels, propane, lubricants and chemicals distributor Palmdale Oil acquired Combs Oil Company. Terms of the transaction were not disclosed. Naples, FL-based Combs is a distributor of fuel, gasoline,...
View ArticleBeacon Made 2 Acquisitions, Opened 2 Greenfields in 4Q24
Roofing and other building materials distributor Beacon announced the results of its expansion initiatives during the fourth quarter of 2024. In a Jan 6. news release, Beacon said that it acquired...
View ArticleQXO to Begin Trading on NYSE Jan. 17
New building materials distribution and technology platform QXO announced it will move its common stock listing from the Nasdaq Stock Market to the New York Stock Exchange (NYSE) on Jan. 17. QXO’s...
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Specialty Equipment Provider JDC Privately Acquired
Northville, MI-based specialty equipment rentals distributor Jack Doheny Companies (JDC) was acquired by private investment firm Kinderhook Industries. Terms of the transaction were not disclosed....
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BlackHawk Appoints Great Lakes GM
Metalworking and MRO supplies distributor BlackHawk Industrial appointed Anthony DeSalvo as General Manager of the company’s Great Lakes Region. DeSalvo joined BlackHawk in 2014 as a customer service...
View ArticleMSC Ends Sept-Nov Period on High Note Despite Broader Sales & Margin Declines
Metalworking and MRO supplies distributor MSC Industrial Supply reported its 2025 first quarter results on Jan. 7, showing a continued decline in sales for the September-November period, though much...
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IDEA Appoints New President
Electrical products data and content provider Industry Data Exchange Association (IDEA) appointed Patrick Knight as President, effective Jan. 6. Knight will report to CEO David Oldfather. Established...
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Fastenal CFO to Depart Company in Mid-April
Fasteners and construction supplies distributor Fastenal announced that its Senior Executive Vice President and Chief Financial Officer Holden Lewis is set to resign from his position, effective April...
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TricorBraun to Add Packaging Distributors Euroglas and Glaspack in Europe
Packaging solutions distributor TricorBraun agreed to acquire German-based Euroglas and Austria-based Glaspack. Terms were not disclosed, but the transaction is expected to finalize in the first...
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AFC Industries Acquires Irwin Industrial in Canada
West Chester, OH-based tooling, fasteners and industrial supplies distributor AFC Industries acquired Irwin Industrial. Terms of the transaction were not disclosed. Established in 1970 and based in...
View ArticleSecond Port Strike Averted in “Win-Win” Deal
A second strike at the East and Gulf Coast ports has been averted after dockworkers and port operators reached a tentative labor agreement on Jan. 8. With less than a week to the deadline, the...
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Tencarva Machinery Acquires Detroit Pump & Mfg. Co.
Flow control and process equipment distributor Tencarva Machinery acquired Detroit Pump & Mfg. Co. Terms of the transaction were not disclosed, but Tencarva was backed by New York-based private...
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NSI Industries Makes Change in Commercial Leadership
Huntersville, NC-based electrical, network infrastructure and HVACR supplies distributor NSI Industries promoted Mark Fallico to Vice President of Sales and Tom Wallace to Vice President of National...
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Fuel Equipment Distributor Kennedy Company Appoints CEO
Fuel equipment distributor The Kennedy Company appointed Thomas Cacciola as its Chief Executive Officer, effective Jan. 6. Thomas Cacciola Cacciola is the first CEO hired from outside the founding...
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First Supply Appoints Sales Leader, Launches New Website
Plumbing, HVACR and PVF distributor First Supply announced three initiatives, including the promotion of Rick Viviani to Director of Sales, the launch of a redesigned website and the forthcoming...
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Birmingham Fastener Acquires Anchor Bolt & Supply in West Texas
Alabama-based fasteners distributor and manufacturer Birmingham Fastener has acquired Texas-based Anchor Bolt & Supply. Terms of the transaction were not disclosed. Established in 1952, Anchor Bolt...
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Honeywell Research: 80% of Retailers to Increase AI Capabilities in 2025
Manufacturing conglomerate Honeywell released the results of its AI in Retail Survey on Jan. 9, which showed that 80% of retailers plan to increase use of AI across their operations. Honeywell...
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Defense Contractor to Pay $1M Over Fraudulent Bids on Distributor’s MRO...
Two companies that supply MRO products to a distributor catering to U.S. Department of Defense (DOD) agencies have agreed to pay $1 million to settle allegations that they submitted fraudulent bids on...
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