Free 2024 Mobile Engagement Guidebook for Distributors

Category: Broadcast Texting

Daikin Introduces One Cloud Services to Increase HVAC Contractor Access

Daikin recently rolled out its Daikin One Cloud Services, a portal for a contractor’s computer and an app for smart devices that allows remote access to a customer’s system.

Autonomous Trucking May Break Supply Chain Shackles

Autonomous Trucking May Break Supply Chain Shackles

The trucking industry was shorthanded before the pandemic. In the past 18 months, the dearth of drivers has only worsened. Autonomous trucking could serve as a means to remove one of the weakest links in supply chains, according to a recent MDM webcast. Self-driving trucks create operational and economic benefits for distributors, such as longer […]

Envoy Solutions to Acquire Penn Jersey Paper

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 […]

L&W Supply Merges Two Florida Facilities into New Branch

L&W Supply Merges Two Florida Facilities into New Branch

L&W Supply Corp., Chicago, recently announced it has consolidated the company’s Englewood and Punta Gorda locations into a new facility serving Port Charlotte, Florida. L&W created the new branch to better serve its customers in the greater Port Charlotte area. Located at 10852 Peace River Street, Arcadia, the new branch is now open to the […]

Advent International Strikes a $1 Billion Deal to Sell Distribution International

Advent International Strikes a $1 Billion Deal to Sell Distribution International

Private equity firm Advent International announced on Wednesday that it has entered into an agreement to sell Distribution International Inc. (DI) to TopBuild Corp. (NYSE:BLD) in an all-cash transaction valued at $1 billion. TopBuild, an installer and distributor of insulation and building material products to the U.S. construction industry, expects to fund the acquisition using […]

Evaluating forklift safety in your warehouse

Forklifts, a type of powered industrial truck, are versatile pieces of equipment that can be adapted for many lifting and transporting tasks. But do you know who is operating a forklift at your business, and are they following workplace safety rules?

A Last Major Frontier for E-Commerce

A Last Major Frontier for E-Commerce

Imagine the next time you walk into Costco — all the products, on all the shelves, have been placed in simple grey boxes. Without assistance you can’t tell a toilet plunger from a tomato. So you stand in line and wait for someone to help you. After 15 mins of waiting, you get the “new […]

Martin Inc. Acquires Capital Bolt & Screw

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 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 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 […]

Fastenal’s August Sales Increase 14.2%

Fastenal’s August Sales Increase 14.2%

On Tuesday, Fastenal Co. (Nasdaq: FAST), Winona, Minnesota, reported August sales of $531 million, up 14.2% from the same month a year ago. The company reported daily sales of $24.1 million, which was a 9% increase versus a year ago. By region, U.S. sales increased 7.2% while Canada/Mexico sales improved by 18.2 % and “rest […]