Changes also include a newly redesigned logo, new website and a complete building renovation, the company announced.
The group is expected to provide customers with services and solutions including comprehensive data center lifecycle management.
Despite 4Q net sales dropping 10.8% from the prior year, full-year 2022 net income was $337.9 million, the company said.
After almost 50 deals in January, MDM highlighted just 29 during February, which still would have been a relatively high amount during any month over the past few years.
The company’s sales slowed considerably in the second half of the year amid tougher comps and a slumping single-family housing market.
Local industrial automation users will see increased Phoenix Contact product availability, and access to Airline’s eCommerce website.
France-based Saint-Gobain saw the Americas become its largest region in terms of operating income in 2022.
A new report states a majority of economists now think a would-be recession is coming later than expected. It suggests a softer economic landing as distributors continue to report strong financials.
The London-based distributor of foodservice and packaging products announced it has made acquisitions in Germany and Canada.
We break down the building supplies distributors’ 4Q and full-year financials, which included a company-record $8.4 billion in 2022 sales.
MDM’s Tom Gale and IRCG’s Mike Marks discuss three things — talent inertia, artificial intelligence and culture — that are defining the competitive landscape of 2023.
In many sectors, Activity-Based Costing is being replaced by Quantum Costing, a newer and more accurate alternative that adds power and benefits to cost analysis. Randy MacLean explains the differences here.
