Metals Service Centers

California-Based Advantage Metal Products Privately Acquired

MiddleGround Capital’s strategic acquisition of Advantage Metal Products supports another of MiddleGround’s recent acquisitions, Megatech.

MSC Posts Strong, But Slower Sales Growth as Margins Shrink

Double-digit year-over-year sales and profit gains continued for the distributor, for which eCommerce comprised 62% of quarterly sales.

MSC Closes its Fiscal 2022 with More Double-Digit Daily Sales Gains

The metalworking and MRO supplies distributor’s fiscal year ended Sept. 3, and its strong momentum bodes well for the greater industrial supplies market.

Slowdown in Metalworking Machinery Orders Continues in July

It may signal a return to typical demand patterns after two years of solid gains driven by foreign investment.