Dakota Supply Group Acquires Brown Supply Company
With 4 locations across Eastern Iowa, Brown Supply is a distributor of waterworks products.
August 2, 2022
Motion Industries Taps New SVP of Corporate Accounts
Lisa Solomon will lead Motion’s corporate accounts in North America.
Winsupply Acquires First Source Electrical
First Source is a full-line distributor of commercial, multi-family, residential and low-voltage electrical supplies.
June Construction Spending Up 8.3% YOY
During the first six months of 2022, construction spending was $848.2 billion, a 10.7% increase from the prior year period.
ASA Members Report Median Sales Growth of 22% in June
Analyst cautions that increases should be viewed through a cautionary lens due to inflation.
AD Reports Sales Up 29% in First Six Months
Purchases by member companies from AD supplier partners were up a record 31% to $9.81 billion.
ISM: July Manufacturing PMI at 52.8%, Indicating Expansion
The U.S. manufacturing sector continues expanding as new order rates continue to contract, supplier deliveries improve, and prices soften.