Austen previously led Bemis Company, a global manufacturer of flexible packaging and pressure-sensitive materials, as president and CEO.
Distribution Strategy Group
Articles by Distribution Strategy Group
Home Depot has secured U.S. antitrust clearance for its $5.5 billion tender offer to acquire building materials distributor GMS Inc.
The Bureau of Labor Statistics reported Thursday that the PPI for final demand rose 0.9% in July, the largest monthly gain since February.
Orise Distribution, a startup medical supplies distributor, is expanding its St. Louis facility with a $6.2 million investment.
Best most recently was president and chief operating officer of Coborn’s Inc., a Minnesota-based grocery retailer.
Lev Peker joins DFS from the automotive aftermarket sector, where he led PartsID and CarParts.com.
US Foods confirmed recent reports that it had approached rival Performance Food Group about a potential merger, though PFG has not shown interest.
Stellar Industrial Supply distributes more than 90,000 MRO products and tools from over 1,500 brands across 18 regional hubs in the U.S.
The drop was concentrated on durable goods, which saw orders fall 9.3% in June.
Purchases from AD suppliers rose 28% to $12.9 billion across the group’s 13 divisions in the U.S., Canada, and Mexico.
The company’s largest strategic accounts continued to lead growth, while transactional and lower-retention customers saw a decline.
Distribution continues to navigate complex supply chain disruptions.
While new pool construction remains under pressure, the company anticipates a recovery in demand for pool renovations and remodels.
The expansion reflects growing demand for engineered lumber in areas facing labor constraints and stricter building codes.
Founded in 1959, Cary Oil is a privately held fuel wholesaler operating in 21 states and distributes 1 billion gallons of fuel annually.
The acquisition, effective immediately, is intended to expand Spartan’s product portfolio and enhance its manufacturing capabilities.
The reset comes after Goodyear and Bridgestone, two of the top global tire manufacturers, cut distribution ties with ATD within the past year.
The deal underscores Amazon Business’s increasing penetration in education and other verticals traditionally served by distributors.
“This quarter reflects meaningful progress,” said CEO Erik Gershwind. “We’ve launched new growth efforts and continued to expand our customer service offerings.”
The merger brings together two major players in the distribution of energy and industrial products.