Field Fastener Acquires Cascade Nut & Bolt
Featured image courtesy of Field Fastener website Fasteners distributor Field Fastener (Field) acquired Cascade Nut and Bolt, Inc. (CNB). Terms of the transaction were not disclosed. Salem, OR-based...
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BlueCart Launches Marketplace for Food Distributors, Restaurants
Food and beverage ordering platform BlueCart Inc. launched the vendor platform Endless Aisle Marketplace — designed to support the buying and selling process for vendors and restaurants. The...
View ArticleMajor East, Gulf Coast Ports Face Strike Potential
As port workers from Maine to Texas face an expiring six-year labor contract, the International Longshoremen’s Association (ILA) which represents them prepares for a potential coast-wide strike on Oct....
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Water & Wastewater Distributor Vessco Nets Continuation Investment
San Francisco, CA-based middle-market private equity firm Gryphon Investors closed its single-asset continuation vehicle for a fund that allows additional investors to sponsor Vessco Water. Terms of...
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Everything You Wanted to Know about Force Majeure Provisions
In the manufacturing and distribution industries, when it rains it pours. Shutting down a manufacturing line or warehouse can cost millions of dollars a day, cripple production and leave a party in...
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Imperial Dade Adds New CFO
Foodservice, packaging supplies, industrial products and janitorial supplies distributor Imperial Dade appointed Fareed Khan CFO, effective Sept. 9. Fareed Khan Khan — an industry veteran with over 20...
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Graybar Appoints Customer Experience Leader
Electrical and industrial supplies distributor Graybar appointed Andy Ciccone VP of Customer Experience, effective Nov. 1. Andy Ciccone Ciccone — currently the District VP for Graybar’s Richmond...
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How Much AI-Generated Sales & Marketing Content is Too Much?
I’ve seen a lot of surveys that say that one of the low-hanging fruits for AI today is in “creating content.” The message these reports tend to give is that distributors shouldn’t wait. Get your team...
View ArticleBeacon Acquires Chicago Metal Supply & Fabrication
Roofing and other building materials distributor Beacon acquired Chicago Metal Supply & Fabrication, gaining a family-owned business specializing in custom architectural sheet metal fabrication....
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ISA Launches Women in Industry Mentorship Program
The Industrial Supply Association (ISA) has launched the Women in Industry Mentorship Program — an initiative aimed to address opportunities and challenges women face in the industrial market. ISA...
View ArticleDEI Pushback: Where it Leaves Distribution Execs and HR Leaders
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 DEI Pushback:...
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Metalworking Supplier Royal Products Nets Investment
Middle market private equity firm Heartwood Partners invested in Hauppauge, NY-based Royal Products, a manufacturer and distributor of metalworking performance accessories. Terms of the transaction...
View ArticleReport: Rexel Turns Down $9.4B Offer from QXO
In its first public bid, QXO made a $9.4 billion offer to acquire France-based electrical distributor Rexel, which Rexel’s board rejected. Founded by Brad Jacobs, QXO originally existed as Silversun...
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Ficodis Group Acquires Bearing Distributor in New Jersey
The Canadian-based industrial distribution group Ficodis, owned by France-based Descours & Cabaud, acquired Berliss Bearing Company. Terms of the transaction were not disclosed. In its 2nd U.S....
View ArticleZedra Names Former JTC Executive as Deputy CEO
Active wealth, corporate & global expansion, pension & incentive services and fund solutions provider ZEDRA appointed Dean Blackburn as Deputy CEO. Blackburn previously worked for JTC, where he...
View Article9 Signs It’s Time to Upgrade Your ERP
Do you remember the last time your ERP underwent a substantial overhaul? A 5-year-old (or more) ERP is a dinosaur in today’s fast-moving technology world. While that still doesn’t mean you absolutely...
View ArticleFerguson 4Q Sales Grow 1.4%; Full-Year Sales Decline
PVF, plumbing, HVAC, infrastructure and industrial supplies distributor Ferguson reported its 2024 fourth quarter and full year results that ended July 31, showing a modest increase in the final...
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White Cap Acquires Jobsite Supply in Indiana
Specialty construction supplies and safety product distributor White Cap acquired Jobsite Supply, Inc. Terms of the transaction were not disclosed. Indianapolis, IN-based Jobsite Supply provides...
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AFC Industries Adds New Sales Leader
Ohio-based fasteners distributor AFC Industries appointed Jim Henning as Vice President of Sales for the AFC Tooling Group. An industry veteran with over 35 years of experience, Henning previously...
View ArticleTactics to Align Order Value with Logistics Costs (How to Get Your Profits Back)
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 Tactics to...
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