Distribution Industry News
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HARDI Distributors Report 27.1% Revenue Increase in February
Members report “unusual growth” over the past 12 months, boosted by extraordinary price increases.
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The Granite Group Acquires United Plumbing Supply
The acquisition expands Granite Group’s reach into Western Massachusetts.
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ASA Distributor Members Report Double-Digit Jump in Sales YOY
PHCP and PVF distributor sales growth was up in double digits in February, according to the association.
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U.S. Cutting Tool Orders Up 10.5% YOY
U.S. cutting tool consumption totaled $159.9 million in January 2022.
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Winsupply Acquires Williams Wholesale Supply
Williams Wholesale Supply operates across three locations in Tennessee.
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Echelon Supply and Service Acquires Berg-Nelson Company
Echelon, previously known as JGB Enterprises, expands network into the West Coast and Southern California.
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Lawson Products CEO Retires; New Leadership Tapped
Michael DeCata retires as part of an ongoing succession plan; Cesar Lanuza is new CEO.
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US LBM Acquires Crown Components
Crown Components complements US LBM’s operations in the Phoenix area.
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ISM: Manufacturing Expands in March 2022
The manufacturing sector expanded in March, with the Purchasing Managers Index coming in at 57.1%.
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Paramount Global Surfaces Acquires Stone Source
Stone Source distributes natural stone, ceramic tiles and other decorative surfaces for commercial and high-end residential use.