The Biden Administration is now incentivizing the thousands of suppliers that provide the materials and tools used to produce semiconductors.
Operations
Article
Ace Hardware to Add Massive DC in Kansas City
The new facility is projected to be fully operational in 2025 and is expected to create 350 new jobs, the company said.
Operations
Article
PTDA Adds 6 New Members
The Power Transmission Distributors Association welcomes two new distributors, three manufacturers and one associate to its membership.
Earnings
Article
NetPlus: 88% of Distributor Members Expect ‘23 Sales Growth
The NetPlus Alliance Industry Outlook tracks business results and trends in the industrial and contractor supply markets.
Digital Commerce
Article
McFadyen, Nautical Partner to Provide Commerce Solutions
McFadyen Digital has formed a partnership with Nautical Commerce to enable customers with to launch a customizable marketplace.
Earnings
Article
GMS’ February-April Sales Increase 1.2% YoY, Profit Dips
For its full fiscal 2023 year, the company reported net sales of more than $5.3 billion, a 15% increase over fiscal 2023.
Earnings
Article
MSC to Eliminate Dual-Class Structure
The company made the decision based on the recommendation of a special committee composed entirely of independent directors.
Featured Breaking News
Article
Report: U.S. Logistics Costs Jumped 19.6% in 2022
In 2022, U.S. business logistics costs represented the highest percentage of the national gross domestic product ever.
Mergers & Acquisitions
Article
MiddleGround Capital Acquires Metals Distributor A.M. Castle
Castle Metals is a provider of metals, services and supply chain solutions serving industrial and aerospace customers.
Mergers & Acquisitions
Article
Meritus Gas Partners to Acquire Global Calibration Gases
Meritus intends to build out its specialty gas capabilities after acquiring a leader in the space, Global Calibration Gases.
Manufacturing
Article
U.S. Paper Mills Scale Back Production on Lower Box Demand
Slowing consumer spend has led big-box retailers to buy less corrugated and cardboard products and U.S. paper mills to scale back production.
Operations
Article
Marcone Adds DCs in Jacksonville, Louisville
New warehouses in Florida, and Kentucky, will allow more plumbing service providers to receive efficient delivery.

