Cleveland-based metal services center Olympic Steel Inc. (NASDAQ: ZEUS) announced that James D. Esway will be the company’s new general manager for facilities in Buford and Winder, Georgia. Esway is expected to lead day-to-day operation at both facilities. David J. Gea will continue to work as Olympic’s vice president for the region, which includes both […]
Category: Operations
Specialty Building Products to Acquire DW Distribution
Duluth, Georgia-based Specialty Building Products announced Monday it has signed an agreement to acquire DW Distribution, Inc., a distributor of building materials and millwork products in Texas, Oklahoma, Louisiana, Arkansas and New Mexico. The companies said the move provides expanded product offerings and geographical reach “with a combined focus on serving customers at the highest […]
Heritage Pool Supply Group Acquires Pool Contractors Supply
McKinney, Texas-based Heritage Pool Supply Group, Inc. announced last week it had acquired Pool Contractors Supply, a Memphis-based wholesale distributor of pool and spa products. Terms of the agreement were not disclosed. Under the agreement, Heritage will add four locations to its platform as the company expands into the Mid-South region. “Following our recent entrance […]
SRS Acquires Marvic, Expands into Philadelphia Area
McKinney, Texas-based building products distributor SRS Distribution Inc. announced Friday it had acquired Marvic Supply Company, a residential roofing and construction distributor in Doylestown, Pennsylvania. Terms of the agreement were not disclosed. SRS ranks No. 6 on MDM’s Top Distributors list for building materials and construction distributors, with $3.8 billion in revenue in 2020. “We […]
L&W Supply Picks New Manager for Branch in Michigan
Interior construction and building materials distributor L&W Supply announced that Trish Boomsma has been named branch manager of the company’s Grand Rapids, Michigan, location. Boomsma will be responsible for leading L&W Supply’s customer service representatives, delivery drivers and other associates, the company said. Boomsma has worked in the distribution industry for 15 years and spent […]
L&W Supply Picks New Manager for Branch in Michigan
Interior construction and building materials distributor L&W Supply announced that Trish Boomsma has been named branch manager of the company’s Grand Rapids, Michigan, location. Boomsma will be responsible for leading L&W Supply’s customer service representatives, delivery drivers and other associates, the company said. Boomsma has worked in the distribution industry for 15 years and spent […]
L&W Supply Picks New Manager for Branch in Michigan
Interior construction and building materials distributor L&W Supply announced that Trish Boomsma has been named branch manager of the company’s Grand Rapids, Michigan, location. Boomsma will be responsible for leading L&W Supply’s customer service representatives, delivery drivers and other associates, the company said. Boomsma has worked in the distribution industry for 15 years and spent […]
Sonepar Promotes VP to President of OneSource Distributors
Sonepar USA, a family-owned subsidiary of the privately held Sonepar Group in South Carolina, announced that Matt Weber has been promoted to president of OneSource Distributors. Weber moves up from his current position as vice president of contractor Sales, effective immediately. Weber replaces Dana Mouritzen, who was promoted earlier this year from president of OneSource […]
Crescent Names New Senior Vice President of Industrial
Crescent Electric Supply, an independent distributor of electrical hardware and supplies based in East Dubuque, Illinois, announced Thursday that Edwin Ojeda has joined the company as Senior Vice President of Industrial. Ojeda will be responsible for industrial category sales growth and will lead the development and deployment of a standardized sales process and support team, […]
Core & Main Finalizes Acquisition of CES Industrial Piping
St. Louis-based Core & Main, Inc., (NYSE: CNM), a specialized distributor of water, wastewater, storm drainage and fire protection products, has closed its previously announced acquisition of CES Industrial Piping Supply. “The acquisition of CES Industrial Piping Supply expands Core & Main’s fusible HDPE ((high-density polyethylene) product and service offerings in the Midwest,” Core & […]
Core & Main Finalizes Acquisition of CES Industrial Piping
St. Louis-based Core & Main Inc. (NYSE: CNM), a specialized distributor of water, wastewater, storm drainage and fire protection products, has closed its previously announced acquisition of CES Industrial Piping Supply. “The acquisition of CES Industrial Piping Supply expands Core & Main’s fusible HDPE ((high-density polyethylene) product and service offerings in the Midwest,” Core & […]
MSC Announces New Interim Senior VP
MSC Industrial Supply Co. (NYSE: MSM), a distributor of metalworking maintenance, repair and operations products based in Melville, New York, said Wednesday that Senior Vice President of Sales & Customer Success Edwin Martin has departed the company. Kim Shacklett will assume the role of interim VP in Martin’s absence. Shacklett joined MSC in 2006 as […]
Beacon Opens New Branches in Florida, Texas
Beacon (Nasdaq: BECN), a publicly traded roofing and building products distributor based in Herndon, Virginia, announced Wednesday that it has opened new branches to expand service to customers in the Houston and North Port-Bradenton-Sarasota, Florida, market areas. The Fortune 500 company ranks No. 3 on MDM’s Top Distributors list for materials and construction distributors, with […]
Rexel Agrees to Acquire Mayer Electric for $456 Million
International multichannel distributor Rexel (RXL:PA) has agreed to acquire Mayer Electric, a family-owned, Birmingham, Alabama-based distributor of electrical products and services, for $456 million. Mayer operates 68 branches in 12 states, with a strong presence in Alabama, Florida, Georgia and Pennsylvania. The company says it has 1,200 employees and has generated revenue of $1.2 billion […]
Fischer Process Industries Acquires Frakes-PumpWorx
Fischer Process Industries, Loveland, Ohio, has acquired primary pump and rotating equipment company Frakes-PumpWorx, Indianapolis. Financial terms of the deal weren’t disclosed. Frakes-PumpWorx specializes in modern techniques to make repairs to pump and rotating equipment, including a 24/7 field-and-service option. FPI said it acquired Frakes-PumpWorx, in part, to offer an integrated service operation near Indiana’s […]
What Will Industry Events Look Like This Fall, and Beyond?
To continue reading this article you must be a paid subscriber. Subscribe to MDM Already Subscribed? Click here to log-in | Forgot your password? After last year’s hiatus due to COVID-19, in-person events are back. Live industry events are critical for the industry because distribution’s foundation — sales — is built on face-to-face interactions. The […]
US Machine & Tool Acquired By Equity Firm Sixeight
Tennessee-based growth equity firm Sixeight announced last week it had acquired computer numerical control fabricator US Machine & Tool, according to a news release. Sixeight, based in Knoxville, said it acquired US Machine & Tool because of its revenue and profit potential. The Murfreesboro-based machining and fabrication company has been in business for more than […]
US Machine & Tool Acquired By Equity Firm Sixeight
Tennessee-based growth equity firm Sixeight announced last week it had acquired computer numerical control fabricator US Machine & Tool, according to a news release. Sixeight, based in Knoxville, said it acquired US Machine & Tool because of its revenue and profit potential. The Murfreesboro-based machining and fabrication company has been in business for more than […]
Winsupply Acquires HESCO Supply
Winsupply Inc., Dayton, Ohio, on Monday announced it has completed the acquisition of HESCO Supply, an Atlanta-based electrical and utility business located that serves North Georgia and the Southeast. Financial terms of the deal weren’t disclosed. “We are thrilled to welcome the team from HESCO Supply into the Winsupply Family of Companies,” said Monte Salsman, […]
Individual Foodservice & Brady Industries Acquire Two Distributors
BradyIFS — the company that composes recently merged janitorial supply, equipment and foodservice distributors Brady Industries, Las Vegas, and Individual Foodservice, Bell, California — on Friday announced the acquisition of Fishman Supply Co., Petaluma, California, and Armstrong Paper Group, Santa Rosa, California. Financial terms of the deals weren’t disclosed. Fishman and Armstrong are distributors of […]