During an earnings call, Hillman officials committed to supply chain diversification and lowering its exposure to China-based suppliers amid tariff uncertainties.
The landmark acquisition cements QXO’s presence as a major building materials distributor, and it’s just getting started.
Graybar reported its highest first-quarter net sales ever and its third-best sales for any quarter in its history.
Though comparable sales declined year-over-year, the gap narrowed sequentially as EBITDA margin had a considerable jump from 4Q.
New England-based Siri Wire is a manufacturer and distributor of stainless steel wire products, used in applications such as filters screens and washers.
ABB announced plans to spin off its robotics division in its largest portfolio shift since 2018, aiming for a separately listed entity in 2Q26.
Ferguson expanded its North American footprint with the acquisitions of Massachusetts-based Independent Pipe & Supply and Toronto-based National Fire.
Lowe’s is set to acquire Artisan Design Group, which provides design, distribution and installation services for a range of products and services, including flooring, cabinets and countertops.
U.S. manufacturing technology orders rose nearly in February, with gains from contract machine shops and signs of investment.
Fastenal posted its strongest monthly sales growth since early 2023, with March daily sales surging year-over-year despite margin 1Q margin pressure. See our full breakdown of the company’s March and 1Q results.
QXO acknowledged a rebranding in an FAQ for Beacon employees, though timing is still to be determined.
The designation recognizes a subset of MDM’s annual Top Distributors for maintaining their status at or near the top of their respective market year-after-year.
