Venezuelan Distributor Sues Caterpillar for $100M
Venequip, a Venezuelan company that specializes in mining construction, gas and oil services, has filed a lawsuit seeking over $100 million in damages from CAT and has given the company until the end...
View ArticleAll State Fastener Acquires Creative Assembly Systems
All State Fastener has acquired Creative Assembly, based in Chillicothe, OH. Terms of the transaction were not disclosed. ASF, headquartered in Roseville, MI, specializes in the supply of standard and...
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Paper Distributor Lindenmeyr Munroe Expands into Georgia Market
Lindenmeyr Munroe announced plans to expand its operations into the GA market with an Atlanta-based distribution facility. The facility will be supported by a warehouse located in Lithia Spring, FL....
View ArticleBlackHawk Makes Operations Team Promotions
BlackHawk Industrial, a distributor of metalworking and industrial products, announced key leadership appointments on July 16. Shannon McCord has been promoted to Director of Vending Fulfillment,...
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Stellar Industrial Acquires USA Safety Supply in Minnesota
Stellar Industrial Supply is set to acquire Eagan, MN-based PPE distributor USA Safety Supply Corporation in a deal scheduled to close July 31. Terms of the transaction were not disclosed. The...
View ArticleAce Hardware Marks 5,000th U.S. Store, Will Open 200 in 2024
Ace Hardware, a retailer-owned hardware cooperative, is celebrating its 100-year anniversary in 2024 with significant milestones that include its 100th store opening of the year, with much more...
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BradyPLUS Grows in NY Metro, Acquires TED Supply
BradyPLUS has acquired TED Supply, a distributor of JanSan supplies, foodservice and a wide range of other products for not-for-profit, healthcare, real estate and property management clients in the NY...
View ArticleU.S. Industrial Production Shows Momentum with Strong June
U.S. industrial production increased in June following a 0.9% rise in May. The Federal Reserve’s latest Industrial Production and Capacity Utilization Report showed that production increased 0.6% in...
View ArticleMDM Research: Industry’s AI Participation Jumps from a Year Earlier
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 MDM Research:...
View ArticleIMF Modestly Lowers U.S. Growth Outlook as Global Holds
The International Monetary Fund (IMF) raised its economic growth forecasts for China, India and Europe on July 16 while slightly reducing its outlook for the U.S. and Japan. The global economy is...
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Great Lake Fasteners Acquires Superior Components Supply
The Great Lakes Fasteners Group has acquired Superior Components Supply (SCS), headquartered in Concord, NC. Superior Components Supply, founded by Chuck and Donna Gerlach in 2014, supplies...
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Cook & Boardman Acquires Bunting Door & Hardware
In its second acquisition this month, commercial door, frame and hardware distributor The Cook & Boardman Group has added Elkridge, MD-based material distributors Bunting Door & Hardware Co....
View ArticleHVACR Distributor MARS Nets Private Investment
Platinum Equity has invested in Motors & Armatures (MARS), headquartered in Hauppauge, NY. Terms of the agreement were not disclosed. A July 17 news release noted that the Chernoff family and...
View ArticleBiden Administration Commits $5B to Improve 13 Large Bridges
U.S. Transportation Secretary Pete Buttigieg announced more than $5 billion in Large Bridge Project awards through the Federal Highway Administration’s (FHWA) competitive Bridge Investment Program....
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Wesco Analysis, Pt. 2: Enterprise Strategies (Free)
Editor’s Note: This is the condensed, free version of the MDM Premium article by the same title — the second in a three-part series. You’ll find much more depth and analysis in the Premium version. It...
View ArticleWesco Analysis, Pt. 2: Enterprise Strategies
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 Wesco Analysis,...
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Sonepar Appoints U.S. Industrial Leader
Sonepar has announced the appointment Dave Jay to the newly-created role of Vice President of Industrial Solutions and Business Development at Sonepar USA. He will be responsible for developing and...
View ArticleMassive Tech Outage Disrupts Businesses, Banks, Airlines
A global technology outage grounded flights, knocked businesses, banks and hospital systems offline and disrupted media outlets starting Thursday night into Friday. Cybersecurity firm CrowdStrike...
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Wolter Acquires Cincinnati Crane & Hoist
Wolter, a distributor of material handling equipment based in Brookfield, WI, has acquired its first manufacturing company, Cincinnati Crane & Hoist, based in Cincinnati, OH. Terms of the...
View ArticleHere’s Which Distributors are Great Place to Work Certified
As distributors compete with each other, manufacturers and essentially all businesses, for talent, receiving staffing-based accolades has become a key differentiator and marketing tool. It’s why you...
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