Gross margin held steady sequentially despite pricing moderation as Fastenal pointed to continued improvement in end market demand.
Technology Provider News
Article
InstaLILY Raises $60M, Launches AI Engineer for Enterprise Operations
The Series B brings InstaLILY’s total funding to nearly $100 million as the AI provider expands technology designed to build and maintain customized software for distributors and other operationally complex businesses.
Construction
Article
White Cap to Acquire Iowa-Based Gierke Robinson
The century-old contractor equipment and concrete supplies distributor will add four Iowa locations and expand White Cap’s product and service capabilities across portions of the Midwest.
The electrical supplies giant adds more than 200 employees and specialized manufacturing, component distribution and supply chain capabilities serving OEMs in data center, automation and other critical infrastructure markets.
Fluid Power
Article
Tavoron Expands in Pennsylvania, Ohio with Fluidraulics Acquisition
The automation and compressed air products distributor’s latest acquisition adds more than five decades of pneumatic and fluid power expertise while expanding Tavoron’s geographic reach into the Pittsburgh and Cleveland markets.
Flow Control
Article
Ferguson Makes $1.6B Flow Control Bet with FloWorks Deal
Ferguson’s largest acquisition in years would add approximately $1 billion in annual revenue, more than 60 locations and extensive valve automation, repair and technical capabilities — significantly expanding its position in industrial flow control markets.
Economic Trends
Article
U.S. Metalworking Machinery Orders Continued Slide in May, but Narrowed
Month-over-month orders declined for a second straight month, but to a much smaller degree than April, while year-over-year totals remain robust. Get the key figures and context here.
Canada-based manufacturer/distributor Richelieu expects acquisitions completed so far in fiscal 2026 to add $45 million in annual sales.
Fasteners
Article
Würth Group 1H26 Sales up 4.3% as Digital Share Rises
The Germany-based distributor cited a continued challenging economic environment as weighing on markets, though its sales and profits accelerated in 2026′ first half.
Economic Trends
Article
U.S. Cutting Tool Shipment Value & Volume Dip Again in May
The number of units shipped decreased for a second straight month after rising in March and February.
Association/Buying Group News
Article
AD to Acquire supplyForce in Latest Buying Group Expansion
The pending deal would add supplyFORCE’s national accounts-focused MRO network to AD, continuing the buying group’s expansion following its IMARK Electrical and Commonwealth Group mergers, while coming months after AD sold its Member Supply unit...
Grocery & Foodservice Distribution
Article
Southern Glazer’s to Trim 1% of U.S. Workforce Amid Sales Model Shift
Southern Glazer’s said it is expanding its use of inside sales and digital commerce for some independent customers, resulting in a projected 1% reduction of its U.S. workforce.

