News

The private equity firm that invests in midmarket companies acquired Empire Auto Parts, a distributor of aftermarket collision parts.

MSC Industrial Supply Co. and the University of Tennessee have created a public-private research partnership aimed at advancing machining.

The distributor of roofing, siding and exterior building products opened a new location at 101 N. Robert C Lanier Drive in Baytown, Texas.

The company reported 2021 3Q net earnings of $1.9 billion and sales of $22.9 billion, according to the latest earnings announcement.

The home improvement retailer reported 2021 3Q sales of $36.8 billion, an increase of $3.3 billion, or 9.8% from the same period last year.

Privately‐owned housing units authorized by building permits in October 2021 were 4% above the prior month’s rate and 3.4% above the October 2020 rate.

Industrial production rose 1.6% in October after falling 1.3% in September, according to a report from the U.S. Federal Reserve.

Census Bureau reports combined value of distributive trade sales and manufacturers’ shipments for Sept. was estimated at $1,669.7 billion.

U.S. retail and food services sales for October 2021 were $638.2 billion, an increase of 1.7% over September and 16.3% above October 2020.

Operations

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Sonepar Unveils New Logo

For the first time in 2 decades, the distributor has a new logo that Sonepar says reflects an ‘ambitious transformation to serve customers.’

Operations

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RBC 2Q 2022 Sales Up

International manufacturer of engineered precision bearings reported fiscal 2Q net sales were 10% higher than the same period a year ago.

Buffalo Grove, Illinois-based building materials distributor pledges $100,000 to the R.I.S.E. Program to help wounded veterans.