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Southwire Opens Massive Customer Service Center in TX
Lead photo: An aerial view of Southwire’s nearly 1.2-million-square-foot Dallas Ft. Worth Customer Service Center. (Southwire Photo) Electrical wire and cable manufacturer Southwire opened its Dallas...
View ArticleAirgas Teamsters Employees on Strike in Maryland
Lead photo: Airgas employees represented by Teamsters Local 369 seen on strike Aug. 24 outside of the company’s Hyattsville, MD location. (Teamsters Local 369 photo) The union representing freight and...
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AFC Industries Adds North American Aerospace Leader
Ohio-based fasteners distributor AFC Industries appointed Chris Lloyd as Vice President of Operations for Aerospace – North America. An industry veteran with over 26 years of experience, Lloyd was most...
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Motion Opening Houston Repair Shop
Lead photo: Motion’s new repair shop in Houston, TX — set to open in September. (Motion photo) Birmingham, AL-based MRO replacement parts distributor Motion is opening a new Motion Repair &...
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McKesson to Buy Majority of Core Ventures for $2.5B
Healthcare and pharmaceutical distributor McKesson Corporation is set to acquire a controlling interest in Community Oncology Revitalization Enterprise Ventures, which does business as Core Ventures....
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Imperial Dade Acquires Nevada’s Inland Supply
Foodservice, packaging supplies, industrial products and janitorial supplies distributor acquired Inland Supply Company. Terms of the transaction were not disclosed. This is Imperial Dade’s 16th...
View ArticleWrangleWorks Nets $1M Investment for Enhancements, Development
Distributor data work automation service provider WrangleWorks has received a $1M investment from The Eisenhower Group, Inc., the company announced Aug. 23. Austin, TX-based WrangleWorks said the...
View ArticleReport: North America Cargo Theft Up 49% in 1H24
Active supply chain risk management and intelligence company Overhaul released its U.S. & Canada H1 2024 Cargo Theft Report, which indicated a sharp uptake in cargo thefts in North America during...
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Kodiak BP Acquires San Antonio Masonry and Steel
Building materials distributor Kodiak Building Partners acquired San Antonio Masonry and Steel. Terms of the transaction were not disclosed. The acquisition was finalized on Aug. 13. Founded in 2000,...
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Builders FirstSource Acquires Wyoming Millwork in Delaware
Building materials distributor Builders FirstSource acquired Delaware-based Wyoming Millwork Co. Terms of the transaction were not disclosed. Independent lumber and building material distributor...
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Hillman Shares Leadership Succession Plan; Acquires Cleaning Supplier
Fasteners and other hardware products distributor Hillman Solutions announced a leadership succession plan set for the start of 2025, and a cleaning supplies acquisition. Leadership Transition Jon...
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Seafood Distributor Pleads Guilty to Long Running Mislabeling Scheme
Lead photo courtesy of QPS’ website. A Mississippi seafood distributor and two managers pleaded guilty on Aug. 27 to conspiring to mislabel seafood and commit wire fraud in a conspiracy spanning 20...
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MSC Industrial Appoints ADI President as Independent Board Member
Metalworking and MRO supplies distributor MSC Industrial Supply appointed Rob Aarnes to its Board of Directors as an independent member. Rob Aarnes Aarnes has served as President of ADI Global...
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GMS Sees May-July Sales Growth Slow, Makes FL Acquisition
Specialty building products distributor Gypsum Management & Supply (GMS) reported its 2025 fiscal first quarter results on Aug. 29 and announced an acquisition that followed the close of the...
View ArticleDistributor Military Fasteners Gains Private Investment
Melbourne, FL-based Military Fasteners received an investment from Scottsdale, AZ-based private equity firm Montage Partners, and David Ficadenti was appointed CEO of the distributor. Terms were not...
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Core & Main, Ferguson, Frontline Named in PVC Price Collusion Lawsuit
On Aug. 23, a class action lawsuit was filed alleging that some leading PVC pipe manufacturers exploited supply chain disruptions to fix prices and overcharge their customers for PVC municipal water...
View ArticleToolmaker Marshalltown to Add Kansas City DC
Iowa-based toolmaker Marshalltown will invest $27 million to build a 200,000-square-foot distribution center in the Kansas City metro region. Marshalltown, which supplies tools and related products to...
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PSE Group Acquires Fellow Automotive Coatings Distributor in WV
Taylor, MI-based automotive refinish and specialty coating solutions supplier PSE Group expanded its service geography with the acquisition of RMS Pro Finishes. RMS Pro Finishes is a Charleston,...
View ArticleAugust M&A Recap: Second Busiest Month of 2024 So Far
Industrial distribution dealmaking activity posted another strong month in August, with volume improving for a second straight month to the second busiest month of 2024 so far. MDM published news about...
View ArticleCore & Main May-June Sales Rise 5.5% as Profit & Margin Slide
Infrastructure and industrial supplies distributor Core & Main reported financial results for its 2024 second quarter that ended July 28, showing healthy year-over-year sales growth, while net...
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