Distribution Industry News

Under the agreement, Capstone will pay between $3.9 million and $4.7 million for Carolina Stone.

The Bureau of Labor Statistics reported Thursday that the PPI for final demand rose 0.9% in July, the largest monthly gain since February.

CEO Neil Schrimsher said fiscal 2025 was a “meaningful year” as the company delivered solid sales, earnings, and cash generation.

Orise Distribution, a startup medical supplies distributor, is expanding its St. Louis facility with a $6.2 million investment.

The retailer last week withdrew and refiled its merger notice with the U.S. Department of Justice, resetting the antitrust review period until Aug. 22.

For the full year, sales reached $4.56 billion, up 1.9% from $4.48 billion in fiscal 2024.

For the first six months of 2025, revenue totaled $1.92 billion, compared with $27.6 million in the first half of last year.

Here’s a recap on how the biggest public distributors of industrial supplies and MRO products are dealing with the ever-changing conditions of industry tariffs.

The company has eliminated 13,000 SKUs in Europe this year to reduce product complexity and is expanding its salvage business.

Best most recently was president and chief operating officer of Coborn’s Inc., a Minnesota-based grocery retailer.