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Category: Business Texting

PAC-12 Picks US LBM as Sponsor

PAC-12 Picks US LBM as Sponsor

US LBM, a building materials distributor based in Buffalo Grove, Illinois, was awarded naming rights for the upcoming inaugural Pac-12 Coast-to-Coast Challenge NCAA basketball event. The Pac-12 Conference and Oak View Group made the announcement this week. The event will be held Dec. 19 at T-Mobile Arena in Las Vegas and will feature a men’s […]

Vaccine Mandate Starts Dec 5, Six OEMs Join Heat Pump Challenge, & Carrier To Increase Prices Up To 12%

HVAC contractors should prepare now for OSHA’s COVID standard, DOE heat pump challenge moves U.S. toward White House goal of a net-zero carbon economy by 2050, and RTU manufacturers already hitting 2023 efficiency goals.

BlackHawk Acquires Tools for Industry

BlackHawk Acquires Tools for Industry

Tulsa, Oklahoma-based BlackHawk Industrial — a distributor of metalworking, industrial, MROP and packaging supplies — acquired Dayton, Ohio-based Tools for Industry and its affiliate, Service for Industry. Financial terms were not disclosed. The acquisition strengthens BlackHawk’s presence in southwestern Ohio, the company said. “Not only are we picking up a great team with a broad […]

Forecasts Mostly Bullish for 4Q and 2022

Forecasts Mostly Bullish for 4Q and 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 Forecasts Mostly Bullish for 4Q and 2022 appeared first on Modern Distribution Management.

ISSA Names 2021 Honorees

ISSA Names 2021 Honorees

Trade association ISSA recently named it 2021 Achievement Award honorees during a ceremony in Las Vegas. The awards are given each year to “cleaning industry professionals who are committed to changing the way the world views cleaning,” ISSA said. “The ISSA Achievement Awards recognize both seasoned professionals and rising stars who are passionate about the […]

HARDI Exec VP Departing

HARDI Exec VP Departing

Executive Vice President Emily Saving is leaving Heating, Air-conditioning & Refrigeration Distributors International (HARDI) at the end of the year, the Columbus, Ohio-based company said. Nick Benton will be promoted to vice president of operations. Saving joined the HARDI in 2010 as education service manager and revamped the company’s education and professional development programs and […]

ABC Names Chair and Exec Committee

ABC Names Chair and Exec Committee

The Associated Builders and Contractors Board of Directors selected its 2022 national chair and executive committee. During a recent meeting in Aventura, Florida, board members elected Stephanie Schmidt, president of Poole Anderson Construction in State College, Pennsylvania, as 2022 national chair of the board of directors. “As the fourth woman to serve the association in […]

Beacon 4Q Sale Up 6.9%

Beacon 4Q Sale Up 6.9%

Roofing material and building products distributor Beacon (Nasdaq: BECN) reported 2021 fiscal fourth-quarter sales of $1.88 billion, a quarterly record for continuing operations. The fiscal 4Q net sales totals were 6.9% above the same quarter a year ago. Net income from continuing operations was $104.5 million, compared to $68.2 million in 2020 4Q. Residential roofing […]

Why Digital Transformation Fails: Lack of Communication

Why Digital Transformation Fails: Lack of Communication

Digital transformation seems to be a silver bullet. While it is necessary for success, it doesn’t guarantee success for distributors. Companies don’t always manage change effectively when they modify their business with technology. If they don’t introduce digital tools to their organization with effective communication, their odds of success with digital transformation plummet. What is […]

Selected Service 3Q Revenue Rises

Selected Service 3Q Revenue Rises

Advance U.S. selected services total revenue for the third quarter of 2021 was $4,524.9 billion, an increase of 3.7% over 2021’s second quarter and 15.2% over the third quarter last year, according to a report from the U.S. Census Bureau. The first quarter of 2021 to second quarter of 2021 percentage change was revised from […]