Free 2024 Mobile Engagement Guidebook for Distributors

Category: Business Texting

RLS Announces Major Expansion With New Headquarters Building, Manufacturing Plant and Training Center

RLS LLC has announced it will be moving into a new 80,000-square-foot multipurpose facility in St. Louis, Missouri.

ABC Supply Opens Location in Maryland

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

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 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. […]

Core & Main’s 2Q Sales Increase by 35.7%

Core & Main’s 2Q Sales Increase by 35.7%

Core & Main LP, which is based in St. Louis, on Tuesday reported second-quarter sales of $1.2 billion, up 35.7% compared to the year-ago quarter. Net income for the three months ended Aug. 1 decreased 47.5% compared the prior year period. “Core & Main delivered exceptionally strong performance in the second quarter, achieving record net […]

Core & Main’s 2Q Sales Increase by 35.7%

Core & Main’s 2Q Sales Increase by 35.7%

Core & Main LP, which is based in St. Louis, on Tuesday reported second-quarter sales of $1.2 billion, up 35.7% compared to the year-ago quarter. Net income for the three months ended Aug. 1 decreased 47.5% compared the prior year period. “Core & Main delivered exceptionally strong performance in the second quarter, achieving record net […]

84 Lumber Reopens Indiana Store after 2020 Fire

84 Lumber Reopens Indiana Store after 2020 Fire

Building materials distributor 84 Lumber announced on Tuesday that it has officially re-opened its rebuilt Greenwood, Indiana store after the original building caught fire more than year ago. 84 Lumber has been in the Greenwood community since 1970 and serves the Greater Indianapolis area. The Greenwood store currently employs 34 associates and the company expects […]

The Pros and Cons of Cost-Based Pricing & Other Pricing Strategies

The Pros and Cons of Cost-Based Pricing & Other Pricing Strategies

When it comes to pricing anything (B2B, B2C, product or service), there are three key strategies to achieve price optimization: 1. Cost-based or cost-plus pricing 2. Market-based pricing 3. Value-based pricing While there are claims of other strategies, most are offshoots or variations of these three. 1. What is a cost-based or cost-plus pricing strategy? […]

The Pros and Cons of Cost-Based Pricing & Other Pricing Strategies

The Pros and Cons of Cost-Based Pricing & Other Pricing Strategies

When it comes to pricing anything (B2B, B2C, product or service), there are three key strategies to achieve price optimization: 1. Cost-based or cost-plus pricing 2. Market-based pricing 3. Value-based pricing While there are claims of other strategies, most are offshoots or variations of these three. 1. What is a cost-based or cost-plus pricing strategy? […]

Paragon Innovations is Acquired by TTI’s Exponential Technology Group

Paragon Innovations is Acquired by TTI’s Exponential Technology Group

Paragon Innovations, a privately held engineering design services company based in Richardson, Texas has been acquired by TTI’s Exponential Technology Group (XTG). The deal gives Paragon, which was founded in 1990, the opportunity to partner with specialty electronic components distributors and design services. It will also strengthen Paragon’s ability to provide services under one corporation. […]

Manufacturing Technology Orders Up 41.5% in July

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 […]

AGCO Buys Faromatics to Bring ‘ChickenBoy’ Under its Roof

AGCO Buys Faromatics to Bring ‘ChickenBoy’ Under its Roof

Farm equipment manufacturer and distributor AGCO (NYSE: AGCO,  based in Duluth, Georgia, has bought Farm Robotics and Automation S.L (Faromatics), which is a “smart” livestock farming company. Terms of Monday’s deal weren’t disclosed. Faromatics, which was founded in 2016,  is the creator of ChickenBoy, which is a ceiling-suspended robot that monitors broiler chickens and helps […]