The trading brand of RS Group plc, an omni-channel provider of products and service solutions, will rebrand as “RS” to start 2023.
Operations
Article
Parts Town: 17 New Master Distribution Programs in ’22
The ‘unique partnerships’ with global manufacturing leaders brings Parts Town’s master distribution portfolio to 215 programs.
Earnings
Article
Fastenal Posts Solid, but Slower, Gains in 3Q
It was another quarter of double-digit sales and profit gains for the industrial supplies distributor, which saw softening demand and tougher year-over-year comparables.
Economic Trends
Article
Inflation Rises 0.4% After Recent Declines
Because of lingering inflation, the Fed may enact a fourth straight 0.75-percentage-point increase to interest rates in the coming weeks.
Economic Trends
Article
Construction Input Prices Dropped Slightly in Sept.
Construction input prices dipped 0.1% in September compared to the previous month but remained 41% ahead of February 2020 pre-COVID levels.
Operations
Article
Schneider Electric Investing $46M to Modernize 2 Plants
Schneider plans to install new technology at facilities in Kentucky and Nebraska to improve their efficiency.
Mergers & Acquisitions
Article
Core & Main Completes Trumbull Waterworks Acquisition, Opens Ft. Collins Facility
Trumbull operates four locations across Ohio and Pennsylvania.
Operations
Article
Bosch Rexroth to Expand Factory Automation Capabilities
The company says it will move its linear and assembly technology manufacturing facility to a new location in Charlotte, North Carolina.
Operations
Article
HARDI Distributors’ Revenue Increases 24.8% in August
That strong growth was aided by an additional billing day vs. a year ago.
Mergers & Acquisitions
Article
Ingersoll Rand Buying SPX Flow’s Air Treatment Unit for $525M
The deal comes after IR’s $3.59B offer to buy SPX outright was rejected in July 2021.
Economic Trends
Article
Manufacturing PMI Falls to Lowest Mark Since May 2020
Sliding new orders, employment, supplier deliveries and prices all factored into the latest reading, which showed further deceleration in expansion.
Mergers & Acquisitions
Article
Imperial Dade Acquires Distributors in Alabama & Quebec
They mark the 54th and 55th bolt-ons for Imperial-Dade under the leadership of Robert and Jason Tillis.

