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Stellar Industrial Supply Acquires JLM

Stellar Industrial Supply Acquires JLM

MRO distributor Stellar Industrial Supply, Tacoma, Washington, has acquired JLM Industrial Supply, a Sparks, Nevada-based industrial distribution and integrated supply firm. Financial terms of the deal were not disclosed. Stellar says the acquisition will help it secure an immediate and strong market presence in the northern Nevada region. The acquisition is scheduled to close March […]

Reedy Industries Equips Service Teams with Data-driven Technology Solution

Reedy Industries and XOi Technologies announced a collaboration that equips field technicians with artificial intelligence and augmented reality-driven technology solutions.

Ferguson CEO: Supply Chain Worries, Labor Issues Still Loom Over Industry in 2022

Ferguson CEO: Supply Chain Worries, Labor Issues Still Loom Over Industry in 2022

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 post Ferguson CEO: Supply Chain Worries, Labor Issues Still Loom Over Industry in 2022 appeared first on Modern Distribution Management.

Wynnchurch Sells Controlling Interest in Rosboro

Wynnchurch Sells Controlling Interest in Rosboro

Rosemont, Illinois-based middle-market private equity firm Wynnchurch Capital has sold its majority interest in Rosboro Holdings, Inc. to One Equity Partners but will continue to own a “significant” minority stake in the company, Wynnchurch announced. Rosboro is a Springfield, Oregon-based manufacturer of engineered wood products, including stock and custom glued laminated timber and lumber used […]

BlackHawk Industrial Acquires Pinnacle

BlackHawk Industrial Acquires Pinnacle

Tulsa, Oklahoma-based BlackHawk Industrial — a distributor of metalworking, industrial, MRO and packaging supplies — acquired Pinnacle Tool & Supply, a value-added distributor in the cutting tool and abrasive space from Toledo, Ohio. Financial details were not disclosed. BlackHawk said the acquisition significantly increases its operational footprint in the Ohio region and enhances the company’s […]

Want to Enhance Your Website? Think Like a Content Storyteller

Want to Enhance Your Website? Think Like a Content Storyteller

Digital transformation is a growing buzzword in distribution. But what exactly do distributors need to transform? Rethink the product-first focus of your website, for starters. That’s the advice of Andrew Walker, CEO of digital marketing firm Shift7 Digital. Working often with manufacturers and distributors, Walker explains in an MDM podcast (available below) that there is […]

Manufacturing Orders Jump 14% in November

Manufacturing Orders Jump 14% in November

Orders of manufacturing technology in the U.S. surpassed $650 million in November 2021, the second-highest monthly total and only the fifth instance monthly orders have exceeded $600 million since the beginning of the program in 1998, according to the latest U.S. Manufacturing Technology Orders Report published by The Association for Manufacturing Technology. The value of […]

NEFCO Finalizes Russell Supply Acquisition

NEFCO Finalizes Russell Supply Acquisition

Hartford, Connecticut-based construction supply company NEFCO completed its acquisition of Russell Supply, a contractor supply company that serves Vermont, New York, and New Hampshire. Financial terms of the deal were not disclosed. The deal is expected to further expand NEFCO’s New England presence and provide local supply capabilities for current and future Vermont customers, NEFCO […]

PTDA Adds 2 New Members

PTDA Adds 2 New Members

The Power Transmission Distributors Association says two new companies have joined as members. British Columbia-based industrial chain and manufacturing-solution company Connexus joined mayr — a provider of torque limiters, shaft couplings and safety brakes — as the newest PTDA members. Connexus company brands include Viking Chains Inc. and I’Anco Products. “We look forward to expanding […]

Hillman to Open Another Georgia Facility

Hillman to Open Another Georgia Facility

The Hillman Companies, Inc. broke ground in Shannon, Georgia, on a new distribution center for its Protective Solutions division, which comprises its “flagship brands” such as Firm Grip and AWP, the company said. About 200 employees, including 50 new hires, are expected to work at the 450,000-square-foot facility. The new distribution center will be completed […]