The merger, facilitated by a duo of private equity firms, will create a leading supplier in the aerospace industry.
Economic Trends
Article
Oct. Construction Spending Up 9.2% Year-to-Year
The seasonally adjusted annual rate of $1.795 trillion was 0.3% below the revised September estimate of $1.8 trillion.
Mergers & Acquisitions
Article
Imperial Dade Acquires JanSan Companies in New Jersey, Ohio
The deals mark the 57th and 58th acquisitions for Imperial Dade under Chairman Robert Tillis and CEO Jason Tillis.
Economic Trends
Article
Manufacturing PMI Hits Contraction for First Time in 29 Months
The industrial manufacturing barometer fell another 1.2 points from October, continuing its year-long slide.
Legal & Regulatory Issues
Article
U.S. Senate Overwhelmingly Votes to Avoid Freight Rail Strike
The rare, bipartisan legislation heads to President Biden’s desk, where his expected signature would avert what NAW calls a catastrophic labor strike.
Operations
Article
Home Depot Buys 100MW of Solar Energy to Scale Renewables Effort
The energy will generate the approximate equivalent of nearly 8% of the company’s total electricity usage, The Home Depot said.
Operations
Article
Airgas to Open Nevada Distribution Center
The company said it will open the new center in Henderson to serve customers and retail branches in Western U.S. states.
Grocery & Foodservice Distribution
Article
Former Builders FirstSource CEO Flitman to Lead US Foods
US Foods announced the CEO appointment of Dave Flitman one week after Builders FirstSource announced his departure.
The distributor said the added funds will enable it to reinvest in the business and pursue further organic growth and targeted acquisitions.
The findings detail what portion of distributors are part of a buying group and how many have rebate programs with their top suppliers.
Building Materials/Construction
Article
Builders FirstSource CEO Flitman Steps Down
Builders FirstSource Executive Vice President Dave Rush has been appointed interim CEO while a search for a permanent successor is conducted.
Operations
Article
Industrial Supply Company Opens First Arizona Location
Industrial Supply Company now has eight locations in four states: Utah, Wyoming, Nevada and Arizona.

