The firm cited a 650% increase in Mexican imports of steel conduit since 2018 for the forthcoming closure of its Wheatland, IL plant.
The last of this three-part Premium series examines how the plumbing, HVAC and industrial distributor has leveraged Ferguson.com, Build.com and Ferguson Rewards
Acquisitions drove sales growth while lower customer activity and adverse weather hurt profitability.
Union members in Hyattsville, MD are on strike over stalled contract negotiations, citing unfair labor practices and refusal to bargain.
It completes a years-long corporate transition for the distributor of plumbing, HVACR, PVF and industrial supplies.
As Ameripipe’s ninth U.S. location, the branch will provide fire protection contractors in Miami with Victualic products and fabricated pipe.
PVF distribution group Venturi Supply was formed by combining six companies. Here, CEO Michael DiMino shares how the company maintains its independence while fostering cohesiveness across the organization.
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 distributor’s Skypod system will consist of over 43,000 storage bins, 36 robots, three picking stations and three induction workstations.
The 308,000-square-foot facility is projected to open by the first quarter of 2025.
We update on where Ferguson is at in its MDC rollout plan that will place smaller distribution centers closer to pro customers in major metro areas.
