TestEquity, a Southlake, Texas-based distributor of electronic test, measurement and production supplies, is now an official distribution partner for U.K.-based Aim-TTi’s testing and measurement products. TestEquity says the partnership will allow them to be an authorized distributor of Aim-TTi testing and measurement products throughout the North American market. “Across the industries we serve, our customers […]
Category: Business Texting
Private Firm to Acquire Ziliant
B2B price optimization company Zilliant, Inc. has agreed to be acquired by Chicago-based private equity investment firm Madison Dearborn Partners, LLC. Financial terms were not disclosed. Zilliant, based in Austin, Texas, says it uses a data science-driven approach to “help customers address the most significant sources of margin and revenue leakage to effectively execute pricing […]
Southwire Acquires Topaz Lighting
Carrollton, Georgia-based Southwire Company, LLC has acquired Medford, New York-based Topaz Lighting Corporation, a provider of quality electrical fittings, components, and lighting products. Southwire says it will welcome employees from Topaz and plans to integrate their distribution network to enhance Southwire’s distribution footprint. Topaz’s existing product line will also be combined with Southwire’s Components Solutions […]
How People, Process, Experience and Trust Differentiate Distributors
When we think of differentiating ourselves, we often fall back on what kind of products/services we sell. But if we take a page out of Simon Sinek’s Start with Why, what we sell actually isn’t very differentiating, at least when it comes to loyalty. You may carry more products than your competitors, expanding your ability […]
AD Canada Launches Network to Unite Women
Last month during the 2021 Virtual AD Supplier Summit Industrial & Safety – Canada Division, AD Canada launched its Women in Industry Network, which is aimed at “fostering the empowerment and development of women in underrepresented industries within AD Canada’s divisions.” AD Canada says the initiative is open to everyone from AD’s member and supplier […]
Goods and Services Deficit Shrinks in October
The goods and services deficit was $67.1 billion in October, down $14.3 billion from $81.4 billion in September, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. October exports were $223.6 billion, $16.8 billion more than the previous month. October imports were $290.7 billion, about $2.5 billion more than September imports. […]
Ferguson Fiscal 1Q Sales Up 26.6%
Ferguson PLC, (NYSE: FERG), based in Wokingham, United Kingdom reported 2022 fiscal first-quarter net sales of more than $6.8 billion, a 26.6% increase over the company’s fiscal 1Q in 2021. Ferguson’s operating profit was $739 million, a 64.2% increase over fiscal 1Q in 2021. Earnings per diluted share were 71.4% higher than 1Q in the […]
Munch’s Supply Grows Canadian Presence with Acquisition of Ontario-based TML Supply
Munch’s Supply has acquired TML Supply and its 13 branches servicing the province of Ontario, Canada.
Growing Your HVAC Company with SBA Loans
In the latest episode of The NEWSMakers podcast, Kyle Gargaro, editorial director for The ACHR NEWS, talks to Brandon Bolen, vice president of service contractors at Live Oak Bank.
The New Flat Rate’s Interactive Pricing Menu Comes to Housecall Pro
The New Flat Rate announced a new integration with Housecall Pro.
How to Diagnose and Solve a Home’s Ventilation Issues
Many homeowners may underestimate the importance of proper ventilation, which a lack of could cause discomfort and higher energy bills.
Trane Scholarship Application Window Now Open
Trane® is accepting applications for the 2022-2023 Trane Technician of the Future Scholarship through March 1, 2022.
Graybar Exec on Strategy Behind New Leadership Roles, M&A Activity
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 Graybar Exec on Strategy Behind New Leadership Roles, M&A Activity appeared first on Modern Distribution Management.
Fastenal November Sales Rise
Fastenal Co. (Nasdaq: FAST), Winona, Minnesota, reported November sales of more than $524 million, an 18.9% increase over figures from November 2020. The company’s daily sales were $24.96 million, a 13.2% jump over last November. Regionally, U.S. sales increased 12.8%, while sales in Canada and Mexico grew 14.1%. By end market, manufacturing sales grew 22.6%, […]
Sysco Acquiring Coastal Companies
Foodservice distributor Sysco Corp. (NYSE: SYY) of Houston said it has an agreement to acquire The Coastal Companies, a fresh produce distributor and value-added processer, from Continental Grain Company. Financial details were not announced. The agreement is subject to regulatory approval and other customary closing conditions. Once the deal closes, the acquisition will operate as […]
Cook & Boardman Acquires Bass Security
Winston-Salem, North Carolina-based commercial door distributor Cook & Boardman Group has acquired Bedford Heights, Ohio-based Bass Security Services, Inc. Financial terms of the acquisition were not disclosed. Bass Security provides custom closed-circuit TV and burglar/fire alarm security integration solutions, locksmith and hardware break/fix services. The company also serves loss prevention, facilities management and new construction […]
Cardinal and Zipline Strike Delivery Deal
Cardinal Health (NYSE: CAH), Dublin, Ohio, recently announced it has agreed to partner with instant logistics company Zipline to offer autonomous, on-demand aircraft delivery to pharmacies. Zipline says it designs, manufactures and operates “the world’s largest automated on-demand delivery service, which to date has made more than 200,000 commercial deliveries.” Cardinal Health, a global manufacturer […]
AMETEK Announces Leadership Changes
Berwyn, Pennsylvania-based manufacturer AMETEK (NYSE: AME) has appointed two new vice presidents/general managers, while a veteran senior VP announced his retirement. Dr. Christoph Maetzig is the new vice president and general manager of AMETEK’s Ultra Precision Technologies division, the company said. In his role, Maetzig replaces Bruce Wilson, who announced his intention to retire after […]
KAI Design Appoints New Senior Project Manager
KAI Design announced the hiring of Charles Keefer, AIA, NCARB, as a Senior Project Manager at its St. Louis office.
Grow Rooms Leave No Room for Hazy HVAC
Cannabis grow facilities offer HVAC requirements and pitfalls unlike just about any other application.
