Free 2024 Mobile Engagement Guidebook for Distributors

Category: Digitization

Altierus Training Solutions Launches Training Program for HVAC Employers

ATS announced the launch of its new Accelerator training platform, created to help HVAC employers develop field-ready technicians faster and more effectively than traditional means. 

Trade Deficit Shrinks to $82.9B

Trade Deficit Shrinks to $82.9B

The international trade deficit was $82.9 billion last month, down $14.1 billion from the $97 billion reported in September, according to the U.S. Census Bureau. Exports of goods for October were $157.4 billion, $15.3 billion more than September exports. Imports of goods for October were $240.3 billion, $1.1 billion more than the prior month. Wholesale […]

Real GDP Up Slightly in New 3Q Estimate

Real GDP Up Slightly in New 3Q Estimate

Real gross domestic product increased at an annual rate of 2.1% in the third quarter of 2021, according to the “second” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 6.7%. The GDP estimate released Wednesday was based on more complete source data than were available for the “advance” […]

US LBM to Acquire Barrons

US LBM to Acquire Barrons

US LBM, a building materials distributor based in Buffalo Grove, Illinois, says it has reached an agreement to acquire Barrons, a provider of lumber and building materials to professional builders in the Washington, D.C. metro area. Financial terms were not disclosed. Barrons serves professional builders including remodelers, custom home builders and outdoor living builders with […]

Regal Rexnord Acquires Arrowhead

Regal Rexnord Acquires Arrowhead

Beloit, Wisconsin-based Regal Rexnord (NYSE: RRX) acquired Oshkosh-based Arrowhead Systems, a producer of industrial process automation solutions, including conveyors, palletizers and depalletizers to the food and beverage, aluminum can and consumer staple industries. Regal Rexnord, a manufacturer of industrial powertrain solutions, power transmission components, electric motors and electronic controls, announced the acquisition Tuesday. Financial terms […]

The Amazon Effect: Must Distributors Keep Up?

The Amazon Effect: Must Distributors Keep Up?

Few doubt whether Amazon’s fast and free delivery options have impacted the retail, distribution and shipping industries. But some are still debating whether a Prime-like delivery model will translate to B2B e-commerce, and whether such a model is truly necessary. Whether or not distributors need to offer next-day delivery, B2B customers do expect the option […]

84 Lumber Opens in Idaho

84 Lumber Opens in Idaho

Pennsylvania-based 84 Lumber Company this week opened its first Idaho store, near the state capital of Boise. The building materials, manufactured components and services supplier for family residences and commercial buildings said the store opening is part of a company effort to “meet a growing need for lumber and building materials across the Pacific Northwest.” […]

New Member Spotlight — Noark Electric

New Member Spotlight — Noark Electric

NOARK Electric is a global manufacturer of low-voltage electrical components for industrial applications. It specializes in motor controls and protection for original equipment manufacturers. Its mission is to provide customers with the highest quality products at an exceptional value and back them with world-class service and support. Every NOARK product is tested and certified to […]

MiddleGround Acquires Race Winning

MiddleGround Acquires Race Winning

Lexington, Kentucky-based MiddleGround Capital, a private equity firm that invests in middle market B2B industrial and specialty distribution companies, acquired Race Winning Brands. RWB is a designer, manufacturer and distributor of branded automotive aftermarket and powersports aftermarket products for enthusiasts and racing consumers. The company consists of a 12-brand portfolio of high-performance aftermarket product categories, […]