The association said the LPC will empower distributors to contest federal regulations.
The company updated corrective actions it’s taken in the wake of complexities in MSC’s web pricing realignment rollout from earlier this year, which directly weakened sales and profits.
Missing economists’ expectations of an increase, the latest PMI reading indicated contraction for the 19th time in 20 months.
The company also acquired a Canada-based JanSan distributor earlier in June.
PMA said its members report a general sense of uncertainty over industrial demand, the election outcome, and whether tariffs will increase.
It marks the 17th branch location for Mobile, AL-based TFI.
The two companies had combined revenue of just over $20 million in 2023 and have 58 employees.
As Ameripipe’s ninth U.S. location, the branch will provide fire protection contractors in Miami with Victualic products and fabricated pipe.
They include the B2B marketplace’s App Center, a bulk order quote feature and more.
The distributor saw sequential improvement in 4Q as volume growth across major product lines was partially offset by steel price deflation.
The company says the deal allows it to better serve the “complex purchase occasion” and establishes it as a leading specialty trade distributor across multiple vehicles.
Dirk Van Dongen was an influential leader and force who spent decades advocating for the wholesale distribution sector. MDM reached out to some of those who worked closely with him to capture his legacy.
