According to the complaint, the breach resulted in $49 million in direct remediation costs and extensive downtime that disrupted manufacturing.
Distribution continues to navigate complex supply chain disruptions.
Matt Powell joins Dexter from Modine Manufacturing Company, where he served as group vice president.
While new pool construction remains under pressure, the company anticipates a recovery in demand for pool renovations and remodels.
About 20% of the company’s U.S. auto parts are sourced from China, a figure CFO Bert Nappier said is in line with industry averages.
FleetPride Inc., the largest independent distributor of truck and trailer parts and services in the U.S., has named Tom Greco as its new CEO.
The company reported full-year sales of $4.3 billion, up 87% from $2.3 billion the previous year.
Cavallo has added new features to its Profit Max Platform, designed to help distributors increase profitability.
Motion’s digital channels continued to gain traction, accounting for approximately 40% of total sales segment in the quarter.
In May 2025, Warshauer Electric Supply was acquired by Rexel USA.