Distribution Industry News
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Endries International Acquires Alliance Nut & Bolt
Endries expands into the Midwest with the acquisition.
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Owens & Minor Sales Flat in Third Quarter 2022
Macro-economic and industry-related forces continued to challenge distributor’s Products & Healthcare Services segment.
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SiteOne Sales Up 18% in Third Quarter 2022
SiteOne added six new companies to the business in the third quarter.
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Applied Industrial Technologies Acquires Automation Inc.
Automation Inc. has advanced capabilities in machine vision, pneumatic automation and value-added assembly services and engineered solutions.
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Applied Industrial Technologies Sales Up 19.1% in Fiscal 2023 First Quarter
Organic sales growth was 20.3% in the Service Center segment and 17.8% in Engineered Solutions.
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Global Industrial Opens Distribution Center in Toronto, Canada
New DC provides additional capacity to support growth in Canada for Global Industrial.
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ISM: Manufacturing Expands in October
Manufacturing expands at the lowest rate since the pandemic recovery began.
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Crescent Electric Acquires Lowe Electric Supply
Lowe Electric serves customers out of 13 locations across Georgia and South Carolina.
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Stellar Industrial Supply Acquires One Way Industrial Supply
One Way has locations in Goleta, San Luis Obispo and Ventura, Calif.
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Amazon Sales Up 15% in Third Quarter of 2022 to $127B
Amazon’s North American segment increased sales by 20% year over year to $78.8 billion.