Distribution Industry News

Grainger’s profit for the quarter was $371 million, up 65%.

The drone delivery will be a three-mile trip from a Distribution Center to a Winsupply location.

The catalog represents over 180 manufacturers with nearly 30,000 maintenance and industrial items.

Motion’s sales were boosted by acquisitions of Kaman Distribution Group.

Watsco reported a 13% increase in HVAC equipment sales, which comprised 70% of sales.

NAHB: Price growth will slow significantly this year, but a housing deficit relative to demographic need will persist.

Sales were challenged by unfavorable weather, but benefited from a growth in installed base, robust demand and heightened customer interest in enhanced customizations.

OTC and Quincy will partner in the expansion of two OTC locations in Phoenix, Ariz., and Las Vegas, Nev.

With this acquisition, the distributor will have 71 branches in 17 U.S. states and one Canadian province.