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Earnings
MRC Sales Fall 10% Amid Industry ‘Headwinds’
The company confirmed earlier projections of a decline in Q3 sales.
Featured
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Earnings
DXP Sales, Earnings Jump in Q3
The company expects to see “momentum” heading into 2025.
November 5, 2024
I Stock 1339925210
Earnings
Wajax Industrial Sales Slide 15%; Company Earnings Down More than 70%
The company also announced that its chief financial officer will retire next year.
November 5, 2024
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Mergers & Acquisitions
Imperial Dade Acquires California Janitorial Supply Corp.
The addition of CalJan will bolster the company's Bay Area presence.
November 5, 2024
Total Tool location, Kansas City, Kan.
Mergers & Acquisitions
NEFCO Acquires Total Tool Supply
The deal marks NEFCO’s largest acquisition to date.
November 4, 2024
I Stock 1261135997
Mergers & Acquisitions
White Cap Acquires Valley Supply
White Cap said the deal would bolster its product and fabrication capabilities across the East Coast.
November 1, 2024
Top News
I Stock 1680391090
Wesco to Acquire Data Center Services Firm in $185M Deal
November 1, 2024
Ad Afasfd
AD Says Member Sales on Record Pace
November 1, 2024
I Stock 1392051123
Distribution Solutions Group’s Revenue Climbs Following Acquisitions
October 31, 2024
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Core & Main Completes Acquisition of Eastcom Associates
October 31, 2024
Latest
I Stock 1311102192
Sales
Fastenal’s October Sales Climb
Sales were up 2.8% on a daily average basis.
November 6, 2024
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Mergers & Acquisitions
Mill Steel Co. Acquires Maryland Metals Processing
The Baltimore company is a leading stainless and aluminum toll processor.
November 6, 2024
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Mergers & Acquisitions
MiddleGround Capital Acquires Machine Vision Company
Stemmer Imaging is a leading provider of machine and artificial vision solutions.
November 6, 2024
Brother Sized
New Products
Line of Versatile Direct Thermal Desktop Printers
New flexible, durable TD 2300 series allows customers to tailor their label printing to fit their existing workflow.
November 6, 2024
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Operations
Distribution Solutions Group to Join Baird, Stephens Conferences
The Baird Global Industrial Conference will be held next week in Chicago.
November 6, 2024
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Earnings
RBC Bearings Revenue, Earnings Miss Projections
The company posted quarterly sales of nearly $398 million.
November 6, 2024
Automation Direct B Sized
New Products
Bondhus Hex and Torx Tool Sets
Hex-end L-key sets have chamfered tool tips to eliminate burrs and provide a proper seat.
November 6, 2024
Home Depot co-founder Bernie Marcus during a television appearance in New York, June 24, 2019.
Operations
Bernie Marcus, Home Depot Co-Founder, Dies at 95
He led the home improvement retailer during its first two decades of rapid growth.
November 5, 2024
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Company Expansion & Consolidation
Malloy Electric to Expand Several Locations
The initiative includes acquiring an additional horizontal boring mill.
November 5, 2024
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Mergers & Acquisitions
Parker Hannifin Sells Composites Business
The division includes six locations in North America.
November 5, 2024
Copy Of Evo 2024 Pr Launch Jr
Operations
Motion Control Providers Womack, Morrell Get New Name
The rebrand marks "the next chapter in the company's journey."
November 4, 2024
Federal Reserve Board Chairman Jerome Powell speaks during a news conference in Washington, Sept. 18, 2024.
Economy
Federal Reserve Set to Cut Rates Again
But the central bank faces a hazy post-election outlook.
November 4, 2024
Rexel Assets Hero Requested
Technology & Software
Nedco & Rexel Atlantic to Implement Prokeep Software
Customers can place orders and get support by texting pictures or questions directly to a local Nedco branch.
November 4, 2024
Tim 194 Thumb
Video
Rivian's Safety Problems; Musk's 'Silly' EVs; Lilium Out of Money | Today in Manufacturing Ep. 194
Also on the podcast, con artist steals tons of cheese, bottled water company hit with billion-dollar verdict, Stellantis invests millions into wind tunnel, railroad projects get huge boost and Boeing might sell its entire space business.
November 4, 2024
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Operations
MRC Secures $350M Term Loan
The proceeds helped repurchase 363,000 shares of Series A stock.
November 1, 2024