A half-dozen distributors made Forbes’ 2023 lists for Best Midsize and Large Employers, including a few on MDM’s Top Distributors lists.
MDM looks at another round of earnings reports from industrial distributors and manufacturers.
Schaedler Yesco now operates a total of 27 locations following the acquisition.
Rexel’s full-year sales benefited from the company’s acquisitions of Mayer and Horizon Solutions.
December 2022 cutting tool consumption totaled $188.4 million, according to the U.S. Cutting Tool Institute and The Association For Manufacturing Technology.
The 40,000-square-foot facility is designed to deliver energy-efficient solutions to the region’s ‘thriving’ technology sector.
For all of 2022, the company reported $2.13 billion in revenue, according to NOW Inc.’s 4Q 2022 earnings announcement.
Watsco’s impressive fourth quarter followed a record-breaking third quarter.
The company will distribute safety products and services to all industry segments, according to President Don Chargin.
Over the past 12 months, the all-items index increased 6.4% before seasonal adjustment, according to the Bureau of Labor Statistics.
The move comes less than a month after AFC’s acquisition of Hazel Park-based Motor City Industrial.
Despite the decline in January, backlog remains elevated by historical standards and is 0.1 months higher than in February 2020.
