MSC cited complexities in its web pricing realignment rollout as hurting March-May results, alongside weakness in heavy manufacturing.
Orders through the first months of the year were up nearly 5% over 2023.
Van Dongen led NAW for 41 years until his retirement in late 2020, spearheading the association’s transformation into what it is today.
The electrical distributor detailed a new operating model, new distribution centers and new leadership changes.
It will result in a new division within AD that represents more than 700 independent electrical distributors in the U.S.
Ferguson said weakness in certain commodity categories persisted in the quarter, driving overall price deflation of about 2%.
Recent acquisitions drove most of the growth, more than doubling that of 4Q23.
The industrial economy barometer has been in contraction territory for 18 of the past 19 months through May.
It adds six branches and 130 employees across Massachusetts and New Hampshire.
The distributor’s Skypod system will consist of over 43,000 storage bins, 36 robots, three picking stations and three induction workstations.
Eighteen Brenntag warehouse workers and truck drivers have been locked out of the company’s Richmond, CA location since May 21. See commentary from both sides here.
The distributor has expanded branch capabilities in gasket sealing and fabrication, material handling and industrial hose supply.
