The acquisition would expand White Cap’s product offering and footprint in Central Texas, which the company described as one of the country’s fastest-growing construction markets.
The acquisition marks Hillman’s first major expansion into the U.S. master distribution market for industrial fasteners.
Grainger now expects full-year sales of $19.4 billion to $19.7 billion, compared with its previous forecast of $19.2 billion to $19.6 billion.
The 78-page declaration traces the rise of the family-owned company from four regional distributors founded more than 125 years ago into the nation’s second-largest wine and spirits distributor before detailing the events that led to its restructuring.
The agreement strengthens CES’s Industrial Automation Solutions (IAS) division, which provides automation engineering, control systems, and technical support through the distributor’s network of more than 750 branches.
The company said the expansion is designed to provide more strategic support to local company presidents as they grow market share, scale their businesses and develop future leaders.
The findings come as distributors continue investing in warehouse modernization to improve productivity, offset labor shortages and meet growing customer expectations for faster and more accurate order fulfillment.
Southern Glazer’s said the restructuring reflects changing customer engagement preferences and increased use of digital commerce and data-driven selling.
The gap was the starting point for a DSG Tech Talk conversation between Ian Heller and Aaron Sheehan, vice president of strategy at OroCommerce. Sheehan said the failure to move from pilot to production usually traces to two technical barriers: data and connectivity.
AI introduces something distribution has never had before: learning on demand.