Medline secured more than $650 million in new customer signings during the first half, more than 65% of its $1 billion full-year goal.

The company that began more than a century ago supplying independent grocers is building a business that combines a 60-distribution-center network with more than 200 company-operated stores and, if the transaction closes, majority ownership of Winn-Dixie.

Applied is positioning itself around plant modernization, robotics, artificial intelligence, infrastructure investment, and rising demand for technical support, while using acquisitions to add capabilities and cross-selling to push those capabilities deeper into its existing customer base.

Chairman and CEO Brad Jacobs said the TopBuild acquisition makes QXO the second largest publicly traded building products distributor in North America and expands its presence at customer job sites.

The July report showed easing costs in several areas important to distributors, particularly fuel and transportation.

At Midland, Mark Roszkowski will oversee a business that distributes fittings, valves, hoses, clamps and related flow-control and connection products.

ADI completed its spin-off from Resideo on Aug. 3 and began trading on the New York Stock Exchange under the ticker ADIG on Aug. 4.

For the full fiscal year, sales increased 8.8% to $4.967 billion from $4.563 billion. Net income increased 5.5% to $414.5 million from $393.0 million.

Essendant is eliminating another 103 jobs in California, bringing confirmed workforce reductions across six states to 1,278 as the national wholesaler closes facilities and considers potential sales and new capital to avoid liquidation.

The interim assignments come less than two weeks after Home Depot announced a broader organizational realignment designed in part to accelerate growth with professional contractors.