In the first half of 2025, total revenue reached $980.5 million, up from $855.6 million in the first half of 2024.
Distribution Industry News
Wesco’s data center business crossed the $1 billion mark for the first time in a single quarter as AI fueled growth.
ADI, which distributes low-voltage security, fire, and audio-visual products, will become a separate company with its own management team and capital structure.
SiteOne completed the acquisition of Green Trade Nursery during the quarter and closed two more deals—Grove Nursery and Nashville Nursery—after the quarter ended.
The company’s largest strategic accounts continued to lead growth, while transactional and lower-retention customers saw a decline.
Chief financial officer Kristen Actis-Grande will step down on August 8.
North America was the top-performing region for the international electrical distributor, with sales in the U.S. up 8.2% and Canada rising 10.9%.
Two-thirds (67%) of respondents expect the average effective tariff rate to remain unchanged or rise slightly by the end of the year.
Total durable goods shipments increased by 0.5% in June over May.
The agreement follows what the companies described as “a mutually satisfactory resolution of the lawsuit” originally filed by Provi in 2022.
The company continues to grow through acquisition as part of its strategy to broaden its national footprint and product range.
“This is one of only 10 warehouses of this type that the company has in the United States,” said Plainfield First Selectman Kevin Cunningham.
Demand for backup power systems, military equipment, and batteries surged in the first half of 2025.
According to the complaint, the breach resulted in $49 million in direct remediation costs and extensive downtime that disrupted manufacturing.
Matt Powell joins Dexter from Modine Manufacturing Company, where he served as group vice president.
While new pool construction remains under pressure, the company anticipates a recovery in demand for pool renovations and remodels.
About 20% of the company’s U.S. auto parts are sourced from China, a figure CFO Bert Nappier said is in line with industry averages.
FleetPride Inc., the largest independent distributor of truck and trailer parts and services in the U.S., has named Tom Greco as its new CEO.
The company reported full-year sales of $4.3 billion, up 87% from $2.3 billion the previous year.
Cavallo has added new features to its Profit Max Platform, designed to help distributors increase profitability.
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In the first half of 2025, total revenue reached $980.5 million, up from $855.6 million in the first half of 2024.
Wesco’s data center business crossed the $1 billion mark for the first time in a single quarter as AI fueled growth.
ADI, which distributes low-voltage security, fire, and audio-visual products, will become a separate company with its own management team and capital structure.
SiteOne completed the acquisition of Green Trade Nursery during the quarter and closed two more deals—Grove Nursery and Nashville Nursery—after the quarter ended.
The company’s largest strategic accounts continued to lead growth, while transactional and lower-retention customers saw a decline.
Chief financial officer Kristen Actis-Grande will step down on August 8.
North America was the top-performing region for the international electrical distributor, with sales in the U.S. up 8.2% and Canada rising 10.9%.
Two-thirds (67%) of respondents expect the average effective tariff rate to remain unchanged or rise slightly by the end of the year.
Total durable goods shipments increased by 0.5% in June over May.
The agreement follows what the companies described as “a mutually satisfactory resolution of the lawsuit” originally filed by Provi in 2022.
The company continues to grow through acquisition as part of its strategy to broaden its national footprint and product range.
“This is one of only 10 warehouses of this type that the company has in the United States,” said Plainfield First Selectman Kevin Cunningham.
Demand for backup power systems, military equipment, and batteries surged in the first half of 2025.
According to the complaint, the breach resulted in $49 million in direct remediation costs and extensive downtime that disrupted manufacturing.
Matt Powell joins Dexter from Modine Manufacturing Company, where he served as group vice president.
While new pool construction remains under pressure, the company anticipates a recovery in demand for pool renovations and remodels.
About 20% of the company’s U.S. auto parts are sourced from China, a figure CFO Bert Nappier said is in line with industry averages.
FleetPride Inc., the largest independent distributor of truck and trailer parts and services in the U.S., has named Tom Greco as its new CEO.
The company reported full-year sales of $4.3 billion, up 87% from $2.3 billion the previous year.
Cavallo has added new features to its Profit Max Platform, designed to help distributors increase profitability.
In the first half of 2025, total revenue reached $980.5 million, up from $855.6 million in the first half of 2024.
Wesco’s data center business crossed the $1 billion mark for the first time in a single quarter as AI fueled growth.
ADI, which distributes low-voltage security, fire, and audio-visual products, will become a separate company with its own management team and capital structure.
SiteOne completed the acquisition of Green Trade Nursery during the quarter and closed two more deals—Grove Nursery and Nashville Nursery—after the quarter ended.
The company’s largest strategic accounts continued to lead growth, while transactional and lower-retention customers saw a decline.
Chief financial officer Kristen Actis-Grande will step down on August 8.
North America was the top-performing region for the international electrical distributor, with sales in the U.S. up 8.2% and Canada rising 10.9%.
Two-thirds (67%) of respondents expect the average effective tariff rate to remain unchanged or rise slightly by the end of the year.
Total durable goods shipments increased by 0.5% in June over May.
The agreement follows what the companies described as “a mutually satisfactory resolution of the lawsuit” originally filed by Provi in 2022.
The company continues to grow through acquisition as part of its strategy to broaden its national footprint and product range.
“This is one of only 10 warehouses of this type that the company has in the United States,” said Plainfield First Selectman Kevin Cunningham.
Demand for backup power systems, military equipment, and batteries surged in the first half of 2025.
According to the complaint, the breach resulted in $49 million in direct remediation costs and extensive downtime that disrupted manufacturing.
Matt Powell joins Dexter from Modine Manufacturing Company, where he served as group vice president.
While new pool construction remains under pressure, the company anticipates a recovery in demand for pool renovations and remodels.
About 20% of the company’s U.S. auto parts are sourced from China, a figure CFO Bert Nappier said is in line with industry averages.
FleetPride Inc., the largest independent distributor of truck and trailer parts and services in the U.S., has named Tom Greco as its new CEO.
The company reported full-year sales of $4.3 billion, up 87% from $2.3 billion the previous year.
Cavallo has added new features to its Profit Max Platform, designed to help distributors increase profitability.