Having just completed its acquisition of Kanebridge, the fasteners and industrial supplies distributor posted record third-quarter sales and strong cash flow. Get the details here.
Proton.ai has launched an industry-focused job board that aggregates openings from its distributor customers, adding a recruiting benefit to the technology provider’s expanding platform.
U.S. durable goods orders increased 10.0% year-over-year as transportation equipment led September’s monthly gain. Overall factory orders rose 1.8%, with nondurable goods orders also advancing. Get the breakdown here of how each durable goods category...
The Las Cruces-based supplier serves southern New Mexico and El Paso with lumber, building materials and manufactured components.
Industrial parts sales declined across Canada, while Wajax also reported lower companywide sales and earnings, workforce reduction costs and near-record backlog as it prepares to execute its growth roadmap.
The deal places the Houston-area distributor under Helena Dumont’s ownership, with its name and employees remaining in place as its founders transition out of the business.
The acquisition of Elk Grove Village, IL-based In-Line Fastener expands Fasco’s industrial fastener business, adding a distributor of standard and custom products.
Spending fell well short of expectations as residential renovation weakness weighed on the total. Meanwhile, data centers helped extend nonresidential construction’s growth streak to six months. Get the key figures and private/public breakdown here.
The subindex for production rose to its best mark in nearly 5 years as the overall reading had its fourth straight month at 54.5 or higher, indicating solid U.S. industrial expansion.
Response Assist AI researches pricing, inventory and other business information within Moblico’s Team Inbox, drafting messages for employees to review and send. Get the details here.
A new Reshoring Initiative report found that U.S. manufacturing investment remained resilient in 2025 despite policy uncertainty, while early 2026 data and a national survey point to accelerating reshoring activity.
The Birmingham Fastener subsidiary plans an 82,000-square-foot distribution facility that will more than double its current warehouse footprint, supporting growing demand from OEM customers.
