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Distribution Industry News
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Fastenal to Build Southeast Distribution Hub
The project aligns with a broader change in Fastenal’s inventory and fulfillment strategy.
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UNFI Profit Climbs as Cost Cuts Offset Sales Decline
UNFI lowered its full-year sales forecast to a range of $31.0 billion to $31.4 billion
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Amazon’s Faster Delivery Push Raises Stakes for Distributors
The expansion targets high-frequency, low-complexity products that account for a significant share of distributor volume.
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Graybar Appoints Pricing, Shared Services Leaders
Graybar has promoted a longtime executive to oversee pricing strategy and hired a new leader to head its shared services operations.
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LKCM Headwater Submits Buyout Proposal for Distribution Solutions Group
Based on approximately 46.2 million shares outstanding, the proposal implies an equity valuation of about $1.36 billion for the specialty distributor if applied to all shares.
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U.S. Manufacturers Raise Capital Spending Outlook
Manufacturers also reported improved confidence in their own businesses.
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Cheney Brothers to Expand South Carolina Distribution Center
The expansion will increase warehouse and logistics capacity to support growing regional demand for foodservice products.
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D&H Distributing Reports Growth as IT Distribution Market Improves
Executives said demand for infrastructure supporting artificial intelligence workloads, hybrid cloud environments and cybersecurity contributed to the results.
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SouthernCarlson Returns to Private Equity Ownership
SouthernCarlson distributes construction and industrial fasteners, tools, packaging and related consumables to contractors, manufacturers, and dealer networks.
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SupplyOne Acquires Specialty Packaging, Expands Presence in New England
SupplyOne, founded in 1998, distributes corrugated packaging, protective packaging materials, and related services.