For distributors, the changes could lead to less predictable pricing, especially in rural areas, and increased competition for delivery capacity.
Greenwald Supply Direct supplies concrete, masonry and general contractors with building materials, safety products, and job site supplies.
Chief Executive Karla Lewis said the awards reflect the company’s ability to manage large, complex metal supply chains.
Seasonally adjusted sales totaled $727.5 billion, up 0.5% from December and 7.5% higher than a year earlier.
Digital channels — including ecommerce platforms and online catalogs — are becoming the primary interface for customers.
Reinders operates 12 locations in Wisconsin, Michigan, Illinois, Indiana, Kansas, and Minnesota.
Stephen Von Oehsen will support enterprise growth initiatives and help develop strategic talent across the organization.
Total industrial production increased 0.2% in February, following a 0.7% gain in January. Output was 1.4% higher than a year earlier.
LKCM Headwater said taking DSG private would allow it to focus on long-term changes.
The project aligns with a broader change in Fastenal’s inventory and fulfillment strategy.