The major wine and spirits distributor entered bankruptcy after transferring most of its markets to competitors, closing facilities and accumulating hundreds of millions of dollars in unsecured supplier claims.
The distributor’s newest HVAC supply house expands its reach in North Carolina’s Triad region, continuing a busy year of greenfield openings, acquisitions and major distribution infrastructure investments.
Electrical
Article
Lonestar Electric Plans El Paso DC
The distributor expects to open the facility this fall, adding about 20 employees as it expands its service coverage across West Texas and neighboring New Mexico.
Electrical
Article
Rexel Lifts Guidance After Data Centers Power 2Q Growth
Rexel’s 2Q same-day sales climbed 6.7%, including 7.8% growth in North America, as data center projects, industrial automation and firmer pricing drove broad-based acceleration. The electrical distribution giant raised its full-year sales and profitability outlook.
A 23-year company veteran will lead the distributor’s cybersecurity resilience and enterprise risk efforts, becoming the latest longtime Border States employee-owner elevated to a VP role in 2026.
Power Transmission/Motion Control
Article
IBT Industrial Solutions Acquires Indesco in Charlotte
The acquisition adds Indesco’s hydraulic, pneumatic and power transmission expertise and expands IBT Industrial Solutions’ distribution presence into the Southeast.
The investment firm’s private equity business will acquire a controlling interest in the Edmonton-based industrial MRO distributor, while Gregg employees retain a meaningful ownership stake.
Economic Trends
Article
Ocean Container Rates Ease After Surge, Remain Highly Elevated on U.S. Import Routes
Drewry’s latest World Container Index showed a second consecutive weekly decline, but U.S.-bound shipping rates remain far above early-2026 levels amid tariff-driven frontloading, constrained capacity, elevated fuel costs and continued geopolitical uncertainty.
Construction
Article
Borgman Capital Acquires Concrete Production Equipment Distributor CMW
The private equity firm will partner with CMW’s longtime management team to expand the St. Louis-area distributor’s service offerings and geographic reach.
Developed with the AI Applied Consortium, NAW’s new AI Governance Architecture gives distributors a practical framework for managing AI risks, accountability, transparency and workforce impacts while keeping people at the center of implementation.
Pharmaceutical & Health Care
Article
Cardinal Health Expands Home Care Business with $360M Acquisition Pair
The distributor will acquire AdaptHealth’s diabetes supply business and urology-focused Strive Medical, adding more than 245,000 patients to its expanding at-Home Solutions platform.
Fasteners
Article
Packer Fastener Pushes West with Salt Lake City DC
The new facility extends the Wisconsin-based distributor’s footprint considerably farther west while supporting construction, manufacturing, renewable energy, data center and power generation projects across the Salt Lake region.

