Mike Robuck

Parts Town, Addison, Illinois, a distributor of OEM repair and maintenance equipment parts for the restaurant and foodservice equipment sectors, announced it has developed a new tool with Davisware that integrates and streamlines the entire parts purchasing process The tool, which is called PartsPath, was designed to save service providers significant time and money. Designed […]

Bluon Inc, based in Irvine, California, recently announced that Danica Bunnett was promoted to chief operating officer. Bunnett has been with Bluon for more than four years and takes on the COO role as the company continues to experience growth for its HVAC support platform. The platform, which currently serves 60,000 of the nation’s HVAC […]

On Tuesday, Applied Industrial Technologies (NYSE: AIT), Cleveland, Ohio, reported fourth-quarter net sales of $895 million, which was an increase of 23.6% year-over-year. In the fourth quarter, the company reported net income of $59.24 million or $1.51 per share, compared to $29.99 million or $0.77 per share in the prior-year quarter. For the full fiscal […]

WESCO International Inc. (NYSE: WCC), Pittsburgh, Pennsylvania, recently announced  the election of Anne M. Cooney to its board of directors, effective Sept. 1. WESCO also announced that Lynn M. Utter has decided to retire from the board of directors, which is effective Dec. 31, after more than 15 years of service. Cooney served as president […]

On Monday, Beacon (NASDAQ: BECN), Herndon, Virginia, announced the launch of its annual Beacon of Hope, which is a nationwide contest that awards deserving veterans new roofs. For the third year in a row, as part of Beacon’s commitment to its communities, the contest is open to all military veterans that have received an honorable […]

MRO and industrial distributor DXP Enterprises Inc. (NASDAQ: DXPE), Houston, reported second-quarter sales of $285.5 million, up 13.6% compared to the same quarter a year ago. Net income for the second quarter was $8.1 million compared to $2.1 million for the prior-year period. “I am pleased that DXP’s performance continues to strengthen as we accelerate […]

Building materials distributor Builders FirstSource Inc. (Nasdaq: BLDR), Dallas, announced that its board has authorized the company to buy back up to $1 billion of its common shares. “Since the merger of BFS and BMC at the onset of 2021, we have executed our integration plan, including the review of our balanced capital allocation strategy […]

NOW Inc. (NYSE: DNOW), Houston, TX, announced this week that Sonya Reed has been appointed to the company’s board of directors effective this past Wednesday. Reed’s term will expire at the 2022 annual stockholders’ meeting. Reed has served as the Senior Vice President of Human Resources and Corporate Communications of Phillips 66 since 2015. From […]

Nucor Corp. (NYSE: NUE), Charlotte, NC, announced this week that its board of directors elected Norma B. Clayton as a director, effective September 1. Clayton, 63, most recently served as Vice President for Learning, Training and Development at The Boeing Company, an aerospace manufacturer, from July 2007 until her retirement in March 2016. Prior to that […]

Three companies are pooling their resources to build a $40 million factory in north Alabama to provide steel parts to auto manufacturers. According to the Associated Press, which cited AL.com, Toyota Tsusho America Inc., Southern Mobility Products and SteelSummit Holdings have teamed up to build the 110,000-square foot factory, which is expected to hire about […]

Essendant leaned on its culture while also improving its communications during the pandemic, but also focused on what’s next on the technology front for for the company, said CEO and President Harry Dochelli during a recent MDM.com podcast. Dochelli said Essendant, which was acquired by Sycamore Partners two and half years ago, has more than […]

After breaking ground two years ago, Amazon’s $1.5 billion air cargo hub in Northern Kentucky is now open for business. The Amazon Air Hub, which is located at the Cincinnati/Northern Kentucky International Airport, is a key cog for connecting a network of more than 40 Amazon Air sites as Amazon (Nasdaq: AMZ) looks to speed […]

Reading Truck Group announced on Thursday that it has bought Semi Service, Inc., which is a distributor and upfitter specializing in work truck and semi-truck equipment sales, installation, service and repair. Financial terms of the deal weren’t available. With two locations in Salt Lake City, Utah, and one in Caldwell, Idaho, the addition of Semi […]

The Home Depot (NYSE: HD), Atlanta, announced this week that it has opened the doors on three new distribution centers in Sparrow Point, Maryland to speed up deliveries to its service stores and customers in the Baltimore region. The 1.5 million-square-foot campus will bring nearly 500 full-time and part-time jobs to Baltimore. The campus is […]

Avnet Sales Up 25.7% in Fiscal 4Q Avnet Inc. (Nasdaq: AVT), Phoenix, Arizona, reported sales for the fiscal fourth quarter ended July 3 of $5.2 billion, up 25.7% year-over-year. Avnet’s profit totaled $85.36 million, or $0.85 per share compared to $52.16 million, or $0.53 per share, in last year’s fourth quarter. Excluding items, Avnet reported […]

During last week’s 2Q earnings call, WESCO International Chairman, President and CEO John Engel touted his company’s capabilities to help provision rural broadband deployments now that WESCO has integrated Anixter. Specifically, Engel mentioned the Federal Communication Commission’s Rural Digital Opportunity Fund (RDOF). RDOF represents a $20 billion,10-year opportunity for internet service providers, utilities and municipalities, […]

Resideo Technologies Inc. (NYSE:REZI), Austin, Texas, announced its second-quarter net sales were up 44% from the same quarter a year ago to $1.5 billion. Resideo Technologies’ net income for the second quarter was $58 million compared to a net loss of $76 million, in the second quarter a year ago. ADI Global Distribution’s operating profit increased […]

Amazon.com Inc. (Nasdaq: AMZ) is expanding its presence in Florida by building six new buildings in order to bring its operations closer to the company’s customers. Amazon’s new robotics fulfillment center and five new delivery stations are expected to create more than 2,000 full-time jobs in the Sunshine State. Amazon said on Wednesday that it […]

Kaman Nabs a $43 Million Contract with U.S. Air Force Kaman has been a provider in the Joint Programmable Fuze (JPF) program to the U.S. Air Force since 2002. Kaman Distribution Group (NYSE:KAMN), Bloomfield, Connecticut, announced it has received an order under Option 16 of its Joint Programmable Fuze (JPF) contract with the U.S. Air […]

PCTEL, Inc. (Nasdaq: PCTI), a global provider of wireless technology that’s based in Bloomingdale, Ill., announced on Wednesday that it has entered into a distribution agreement with Master Electronics. Family-owned Master Electronics is a global authorized distributor of electronic components while PCTEL’s antenna business focuses on wireless connectivity solutions including 5G and industrial IoT. “I […]