DXP Sales Rebound YoY, Accelerate Sequentially in 2Q
Houston-based pumping solutions and industrial supplies distributor DXP Enterprises reported its 2024 second quarter financial results on Aug. 8, showing improvements in both year-over-year and...
View ArticleADI Global Distribution Sales Rise 4% in 2Q after Snap One Acquisition
Smart home products manufacturer and distributor Resideo Technologies reported its 2024 second quarter financial results on Aug. 8, which showed an increase in annual sales in its ADI Global...
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Global Industrial Adds New Marketing Leader
Industrial and MRO parts distributor Global Industrial appointed Lisa Armstrong as Senior Vice President & Chief Marketing Officer. Lisa Armstrong Armstrong will report to Interim CEO and Executive...
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Core & Main to Acquire GroGreen Solutions Georgia
Waterworks and industrial supplies distributor Core & Main has agreed to acquire GroGreen Solution Georgia. Terms of the transaction were not disclosed Juliette, GA-based erosion control and...
View ArticleExclusive: New Details Emerge on QXO’s Go-to-Market Plans
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 Exclusive: New...
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Cook & Boardman Acquires Engineering Firm Brymer in TX
Commercial door, frame and hardware distributor Cook & Boardman acquired Brymer Communication Services (BryComm). Terms of the transaction were not disclosed. Hutto, TX-based Brycomm specializes in...
View ArticleHome Depot Narrows Outlook Despite 2Q Sales Bump from SRS
Home Depot reported its 2024 second quarter financial results on Aug. 13, showing a sales boost from its $18.5 billion acquisition of building materials supplier SRS Distribution in June, but when...
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Legacy Food Group Acquires Distributor Halsey Foodservice
Virginia-based independent distributors holding group Legacy Food Group (LFG) acquired Halsey Foodservice (Halsey). Terms of the transaction were not disclosed. Madison, AL-based Halsey is a...
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Holston Gases Transitions to 3rd Generation of Family Leadership
Knoxville, TN-based welding and gases distributor Holston Gases appointed Joe Baxter as President, effective Sept. 1. Baxter succeeds Robert Anders, President of Holston Gases since 1997. Anders will...
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Motion to Acquire LSI Supply in Ontario
Birmingham, AL-based MRO replacement parts distributor Motion Industries agreed to acquire LSI Supply Inc, and its sister company 273 Ontario — which trades as LSI. Terms of the transaction were not...
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Ferguson Adds Distributors in NY, CA
Plumbing, HVAC and industrial supplies distributor Ferguson acquired Gerster Equipment Co, and United Water Works, Inc. Terms of the transactions were not disclosed. Gerster Equipment Co. Buffalo,...
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June Cutting Tool Orders Fall 2.9% MoM, 4.2% YoY
June 2024 U.S. cutting tool consumption totaled $208.1 million, according to the latest Cutting Tool Market Report (CTMR) published by the U.S. Cutting Tool Institute and the Association for...
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US LBM Appoints Former Wesco Exec as Supply Chain Leader
Buffalo Grove, IL-based building materials distributor US LBM appointed Jeff Wood as Senior VP of Supply Chain. Wood succeeds Senior VP of Supply Chain Steve Short, who was recently named Regional VP...
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AFC Industries Adds Former Fastener Exec as Marketing Leader
Ohio-based fasteners distributor AFC Industries appointed Joe Shoemaker as VP of Marketing for North America. Joe Shoemaker An industry veteran with over 20 years of experience in industrial marketing,...
View ArticleApplied Sees Flat 4Q Sales as Organic Slides, Reports 2 Acquisitions
Fluid power, power transmission and automation products distributor Applied Industrial Technologies reported its 2024 fourth quarter (April-July) and full-year financial results on Aug. 15, along with...
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Research: The Data Behind Wholesale Trade Injuries
In early August, U.S. workers compensation insurance carrier The Travelers Companies released its Travelers 2024 Injury Impact Report — an analysis of more than 1.2 million workers compensation claims...
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Aliaxis to Buy Johnson Controls’ CPVC Pipe & Fitting Unit in AL
Belgium-based plastic piping systems manufacturer and distributor Aliaxis SA agreed to acquire the manufacturing assets of Johnson Controls CPVC. Terms of the transaction were not disclosed....
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PrimeSource Acquires Cobra Anchors in Montreal
Irving, TX-based Residential building products distributor PrimeSource acquired Cobra Anchors. Terms of the transaction were not disclosed. Montreal, Canada-based Cobra is a manufacturer of hollow...
View ArticleCardinal Health Raises Outlook After 9% 4Q Sales Jump
Pharmaceuticals distributor Cardinal Health reported its 2024 fourth quarter and full-year financial results on Aug. 14, showing a considerable year-over-year jump in April-June sales and an improved...
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DSG Appoints Supply Chain Leader
Electrical supplies distributor DSG appointed Dan Klepack as Chief Supply Chain Officer (CSCO). In the newly-created role, Klepack will lead efforts to optimize DSG’s supply chain operations and...
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