Walter Industrial Products, Inc., and New England Drives & Controls will continue operating under their existing names.
Ian Heller
Ian Heller is the Founder and Chief Strategist for Distribution Strategy Group. He has more than 30 years of experience executing marketing and e-business strategy in the wholesale distribution industry, starting as a truck unloader at a Grainger branch while in college. He’s since held executive roles at GE Capital, Corporate Express, Newark Electronics and HD Supply. Ian has written and spoken extensively on the impact of digital disruption on distributors, and would love to start that conversation with you, your team or group. Reach out today at iheller@distributionstrategy.com.
Articles by Ian Heller
Builders FirstSource profit for the quarter was up 98.5%.
Deco Tress has multiple locations across South Florida.
Global Industrial net income for the period was $22.8 million.
Tower Fasteners President Mark Shannon will continue to lead the business under its current name.
North American sales for the electrical distributor were up 17.2% year-over-year.
The acquisition expands SBP Holdings’s presence in Idaho.
With 4 locations across Eastern Iowa, Brown Supply is a distributor of waterworks products.
Lisa Solomon will lead Motion’s corporate accounts in North America.
First Source is a full-line distributor of commercial, multi-family, residential and low-voltage electrical supplies.
During the first six months of 2022, construction spending was $848.2 billion, a 10.7% increase from the prior year period.
Analyst cautions that increases should be viewed through a cautionary lens due to inflation.
Purchases by member companies from AD supplier partners were up a record 31% to $9.81 billion.
The U.S. manufacturing sector continues expanding as new order rates continue to contract, supplier deliveries improve, and prices soften.
Steve Short succeeds Pat Managan as SVP of Supply Chain after his retirement.
Amazon recorded a net loss of $2 billion for the period.
Grainger’s profit for the quarter was $371 million, up 65%.
Sunbelt Packaging is a distributor of flexible packaging materials and automated packaging equipment with 4 distribution centers from South Carolina to Utah.
The drone delivery will be a three-mile trip from a Distribution Center to a Winsupply location.
The catalog represents over 180 manufacturers with nearly 30,000 maintenance and industrial items.