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MDM Podcast: An AI Research Primer Ahead of SHIFT
Lead photo: Kevin Reid-Morris speaks on-stage at MDM’s 2024 SHIFT Conference. (MDM Photo) With MDM’s SHIFT Conference coming up on May 13-15th in Denver, we’re rolling out a series of podcasts that...
View ArticleDistributors Central McGowan, Minneapolis Oxygen Merge
Industrial gases and welding supplies distributors Central McGowan and Minneapolis Oxygen (MO2) announced the merger of both companies on March 10. Terms were not disclosed. Established in 1947,...
View ArticleDulling Accounts Receivable Pain with Terms and Technology
Editor’s Note: This piece is part of our “Executive Input” blog series sponsored by Capital One Trade Credit that extracts key takeaways from short interviews with distribution executives — often...
View ArticleGraybar Annual Sales Reach Record $11.6B
Electrical and industrial supplies distributor Graybar shared its 2024 full-year financial performance on March 13, which showed that the company achieved record net sales. The St. Lous-based company...
View ArticleMRC Global Annual Sales Slide to $3B; Voices Rebound Optimism
Industrial PFV and infrastructure supplies distributor MRC Global reported its 2024 fourth quarter and full-year financial results on March 14, showing a decline in annual sales as well as in the...
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Pipe & Tube Maker BRISMET Sold to Chinese Supplier for $45M
Schamburg, IL-based Ascent Industries agreed to sell all its Bristol Metal (BRISMET) assets to Ta Chen International for $45 million. Britsol, TN-based BRISMET, established in 1941, is a manufacturer...
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Eaton to Buy Power Enclosures Maker Fibrebond for $1.4B
Power solutions manufacturing conglomerate Eaton agreed to acquire Fibrebond Corporation for $1.4 billion. The transaction is expected to close in the third quarter of 2025. Minden, LA-based Fibrebond...
View ArticleBeyond Supply: How Distributors Can Add Value as an Information Hub Amid...
Even without robust technology or staffing resources, you can still boost relationships by providing clarity when it’s needed most. The post Beyond Supply: How Distributors Can Add Value as an...
View ArticleQXO Narrowly Re-Extends Beacon Offer; Raises $830M in Private Placement
Following the confirmation of negotiation talks between both companies, QXO extended the deadline on its all-cash tender offer to acquire Beacon Roofing Supply to March 18 at 5 p.m. ET. Meanwhile, it...
View ArticleAmazon Sues CPSC Over Product Recall Liability
Eight months after being designated as a distributor and held liable for recalls of hazardous products sold through its platform, Amazon is fighting back with a lawsuit against the Consumer Product...
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TIPCO Technologies Acquires Sealing Distributor Potter
Fluid solutions distributor TIPCO Technologies acquired Potter Associates. Terms of the transaction were not disclosed. Based in Rochester, NY, Potter Associates is a distributor of hydraulics,...
View ArticleQXO Continues to Extend Beacon Offer Deadline
As it did two days earlier, QXO announced another one-day extension of its all-cash offer to acquire building materials distributor Beacon, now set to expire on March 19 at 5 p.m. This is the fifth...
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FleetPride Acquires OTR Fleet Service in Houston
Heavy duty truck parts distributor FleetPride acquired Houton, TX-based OTR Fleet Service. Terms of the transaction were not disclosed. OTR Fleet Service is a truck repair and fleet maintenance...
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MDM Podcast: The Expectations and Priorities of Today’s Young Talent
With MDM’s SHIFT Conference coming up on May 13-15th in Denver, we’re rolling out a series of podcasts that feature speakers who will be at the event. These shorter episodes look to help familiarize...
View ArticleReport: QXO, Beacon Secure $11 Billion Deal
After publicly trading barbs for four months, it appears QXO and Beacon Roofing Supply have come to terms. Citing company executives, the Wall Street Journal reported late Wednesday night that QXO has...
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Viking Electric President to Lead Sonepar’s Business Transformation
Electrical supplies distributor Sonepar appointed Stacy Stanslaski as Vice President of Business Transformation within the company’s Digital Enterprise organization. Stanslaksi has the position of...
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ABC Supply Appoints New Leaders for Merchandising, Administrative & Branch Ops
Residential and commercial roofing, exterior and interior parts distributor ABC Supply promoted Andy Callaway, Frank Marcoccio and Jonathan Shepard to executive leadership positions, effective March 1....
View ArticleWhat Distributors Pay Their Fleet Drivers, Managers
See where your salary and compensation levels for drivers and fleet managers stack up against other distributors, in this installment of the Logistics Liaison. The post What Distributors Pay Their...
View ArticleMRO Distributor Rubix to Add ERIKS UK & Ireland
London-based MRO supplies distributor Rubix agreed to acquire ERIKS UK and Ireland. Terms were not disclosed, but the transaction is expected to close within the calendar year. Based in the U.K., ERIKS...
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SHIFT Speaker Spotlight: Nick Pericle
Lead photo: Nick Pericle moderates a panel discussion at NAW’s Executive Summit, held Jan. 27-29 in Washington D.C. (NAW photo). MDM’s 2025 SHIFT Conference is set for May 13-15 in Denver, and our...
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