Distribution Industry News

For distributors, the size of the investment is significant, but where Stanley Black & Decker puts the money will matter more.

For EECO, the strategic value extends beyond adding another branch. Foster gives the company deeper access to electrical contractors in Central Virginia, complementing EECO’s existing concentration in industrial automation and power solutions.

Taken together, second-quarter earnings point to a wholesale distribution market that is gaining momentum but becoming more divided.

The combination of organic customer growth and acquisitions is increasing the amount of business PFG’s distribution infrastructure must support.

The additional capital gives Likewise more flexibility to invest in both organic expansion and potential acquisitions as it builds its national distribution platform.

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.