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News Digest 5003

MDM's top news briefs from News briefs from January 26 - February 10, 2020.

February 10, 2020

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Distributor

Metalworking and industrial supplies distributor BlackHawk Industrial, Broken Arrow, Oklahoma, has acquired Machine Tools Supply.  More.

Herbert L. Flake Company, a portfolio company of Supply Chain Equity Partners, acquired International Key Supply, LLC, a leading distributor of security hardware supplies and tools with locations in Farmingdale, New York, and Portland, Oregon.  More.

Grainger, Chicago, reported 2019 sales of $11.5 billion, up 2.5% compared to 2018, and profit of $849 billion, up 8% compared with a year ago. The distributor’s fourth-quarter sales rose 3% to $2.8…

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