Amazon.com Inc. (NASDAQ: AMZN), Seattle, Washington, this week announced plans to open a more than 1 million-square-foot fulfillment center in Fargo, North Dakota. The facility, which opened Sunday and is the largest structure in North Dakota by square footage, will create more than 1,000 new, full-time jobs. “We are excited to have this fulfillment center […]
Eric Smith
Residential Building Permits Up 13.5% in August
Privately owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 1,728,000, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. This is 13.5% above the August 2020 rate of 1,522,000 and 6% above the revised July rate of 1,630,000. Single‐family authorizations […]
ABC Supply Opens Location in Utah
Building materials distributor ABC Supply Co. Inc., Beloit, Wisconsin, on Tuesday announced it has opened a new location in St. George, Utah. Daniel (DJ) Cunningham is managing the new location, located at 982 E. Factory Dr. in St. George. Cunningham began his career in the industry in 2015 and joined ABC Supply’s Murray, Utah, location in 2018 […]
ABC Supply Opens Location in Oregon
Building materials distributor ABC Supply Co. Inc., Beloit, Wisconsin, on Thursday announced it has opened a new location in Redmond, Oregon. Ari Nieves, who joined ABC Supply as a manager candidate trainee in 2020, will manage the new location. He began his career in the industry in 2013 as a roof loader before taking on […]
Core & Main to Acquire CES Industrial Piping
Core & Main Inc. (NYSE: CNM), a St. Louis-based distributor of water, sewer and fire protection products, announced Wednesday that it has agreed to acquire CES Industrial Piping Supply, a Kansas City-based, full-service provider of HDPE (high-density polyethylene) products and services. Financial terms were not disclosed. “A full-service provider like CES Industrial Piping aligns with […]
Core & Main to Acquire CES Industrial Piping
Core & Main Inc. (NYSE: CNM), a St. Louis-based distributor of water, sewer and fire protection products, announced Wednesday that it has agreed to acquire CES Industrial Piping Supply, a Kansas City-based, full-service provider of HDPE (high-density polyethylene) products and services. Financial terms were not disclosed. “A full-service provider like CES Industrial Piping aligns with […]
Hurricane Ida Stunts Industrial Production in August
Total industrial production increased 0.4% in August as Hurricane Ida stymied growth by 0.3% due to forced plant closures and other disruptions, according to the Industrial Production and Capacity Utilization Report, released Wednesday by the Federal Reserve. Overall manufacturing output rose 0.2%. Mining production fell 0.6%, reflecting hurricane-induced disruptions to oil and gas extraction in […]
DSG to Open Another Facility in Minnesota
Dakota Supply Group, Plymouth, Minnesota, this week announced plans to open a new branch in Burnsville, Minnesota, in March 2022. It will be DSG’s 13th location in Minnesota and its 46th across six states. The new facility, which will be located at 250 River Ridge Circle North, will service the plumbing, HVAC and electrical needs […]
ABC Supply Opens Location in Maryland
Building materials distributor ABC Supply Co. Inc., Beloit, Wisconsin, opened a new location in Centreville, Maryland. Ryan Laverdiere manages the new branch. He began his career at ABC Supply in 2018 at the company’s Cheverly, Maryland, location. He enrolled in ABC Supply’s branch management training program in 2020. “While Centreville is our 15th location in Maryland, it’s […]
Make Sure Your Salespeople Aren’t Stuck in the Past
Maria Boulden’s recent LinkedIn posts and virtual presentations sparked some people to call her the “Sarah Connor of modern-day selling,” she tells MDM with a laugh. For those who don’t immediately get that reference, Sarah Connor is the lead character in The Terminator movie franchise, which features time travel and altered states of the past, […]
Bunzl Acquires U.S.-Based Safety Distributor
Bunzl PLC on Tuesday announced it has acquired McCue Corp., a Boston-based safety business and a medical supplies distributor with operations in Australia and Singapore. Financial terms of the deal, which closed in “early September,” weren’t disclosed. The addition of McCue “provides Bunzl with a strong position in this fast-growing market segment,” the company said. […]
Manufacturing Technology Orders Up 41.5% in July
U.S. manufacturing technology orders totaled $472.6 million in July, a 41.5% increase from the same month a year ago, according to the U.S. Manufacturing Technology Orders report published Monday by AMT – The Association For Manufacturing Technology. New orders placed in July marked a 5.6% decrease from the previous month of June. The year-to-date total […]
Wholesale Trade Sales Up 23.7% in July
Wholesale trade improved in July compared to the same month a year ago and was up from the previous month of June, according to the latest report from the U.S. Census Bureau. July 2021 sales of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations and trading day differences but not […]
How Distributors are Handling COVID-19-Driven Operational Shifts
To continue reading this article you must be a paid subscriber. Subscribe to MDM Already Subscribed? Click here to log-in | Forgot your password? • The sales environment is upbeat, with most verticals seeing growth for now into next year. • M&A has accelerated, and consolidation should continue to alter wholesale distribution well after the […]
Distribution Leadership Roles Elevated During COVID-19
To continue reading this article you must be a paid subscriber. Subscribe to MDM Already Subscribed? Click here to log-in | Forgot your password? • Company executives are judged — fairly or not — on how they acted and what moves they made before the pandemic. • A company’s success is often tied to how […]
Builders FirstSource Acquires Apollo Software Assets
Builders FirstSource Inc. (Nasdaq: BLDR), Dallas, on Thursday announced it has acquired Apollo software assets from construction technology startup Katerra for $4.5 million. According to BLDR, the Apollo platform “provides design collaboration and workflow, construction budgeting and scheduling, and field task assignment with mobile functionality. The acquisition aligns with Builders FirstSource’s digital strategy to address […]
Envoy Solutions to Acquire Penn Jersey Paper
Envoy Solutions — the Glenview, Illinois-based holding company that owns and operates North American, WAXIE Sanitary Supply, SWPlus, Southeastern Paper Group and Daycon Products Co. — on Wednesday announced it has agreed to acquired Penn Jersey Paper Co., Philadelphia. Financial terms of the deal weren’t disclosed. PJP is a nearly 60- year-old company with a […]
Martin Inc. Acquires Capital Bolt & Screw
Martin Fastening Solutions, a subsidiary of Florence, Alabama-based Martin Inc., on Tuesday announced the acquisition of Capital Bolt & Screw (CB&S), Jackson, Mississippi. Financial terms of the deal weren’t disclosed. Founded in 1963, CB&S is a privately held distributor of fasteners. Jerry Gibson, president of CB&S, purchased the company in 1981 and has grown it […]
Martin Inc. Acquires Capital Bolt & Screw
Martin Fastening Solutions, a subsidiary of Florence, Alabama-based Martin Inc., on Tuesday announced the acquisition of Capital Bolt & Screw (CB&S), Jackson, Mississippi. Financial terms of the deal weren’t disclosed. Founded in 1963, CB&S is a privately held distributor of fasteners. Jerry Gibson, president of CB&S, purchased the company in 1981 and has grown it […]
Sonepar USA Closes Acquisition of Springfield Electric Supply Co.
Sonepar USA Holdings Inc., a Charleston, South Carolina-based subsidiary of the privately held Sonepar Group, on Tuesday announced it closed its acquisition of Springfield Electric Supply Co., Springfield, Illinois, on Aug. 31. Financial terms of the deal, first announced July 22, weren’t disclosed. A family-owned business headquartered in Springfield, Illinois, since 1912, Springfield Electric adds […]
