Distribution Industry News

For distributors, the practical steps are clear. Companies that imported directly and paid duties under the International Emergency Economic Powers Act should be filing claims through the Consolidated Administration and Processing of Entries portal.

A principal component is the Explore the Trades Skills Lab, a Ferguson-supported program that provides schools with industry-grade tools and equipment to give students direct exposure to the trades before they make career decisions

President and CEO Jay Geldmacher said the company exceeded expectations during the quarter despite ongoing economic uncertainty.

Chairman and CEO Brad Jacobs said the quarter reflected weaker conditions across the building products sector as well as continued investments in technology, staffing, and integration work.

The company is running parallel tracks: stabilizing the legacy MRC Global Oracle system while migrating 20 U.S. MRC Global locations focused on upstream and midstream activity to DNOW’s SAP platform.

The acquisition adds to continued consolidation across the electrical and industrial distribution sector as distributors seek greater scale, regional density, and stronger contractor relationships in high-growth markets.

The deal targets industrial automation, a distribution vertical Rexel has flagged as a strategic priority.

The launch reflects a broader push by software vendors to target the operational gap between large distributors that have deployed automation across their branch networks and smaller independent operators still processing a significant share of orders manually.

HVAC distribution alone represents a total addressable market of approximately $100 billion, according to the companies.

NetPlus President and CEO Jennifer Murphy said the promotions are part of the organization’s succession planning and long-term growth strategy.