The private equity firm that invests in midmarket companies acquired Empire Auto Parts, a distributor of aftermarket collision parts.
Operations
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MSC Partners With University
MSC Industrial Supply Co. and the University of Tennessee have created a public-private research partnership aimed at advancing machining.
Operations
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ABC Supply Adds Texas Location
The distributor of roofing, siding and exterior building products opened a new location at 101 N. Robert C Lanier Drive in Baytown, Texas.
Operations
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Lowe’s 3Q Sales and Earnings Up
The company reported 2021 3Q net earnings of $1.9 billion and sales of $22.9 billion, according to the latest earnings announcement.
Operations
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Home Depot 3Q Sales Increase
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.
Research
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New Residential Construction Rises
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.
Research
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Industrial Production Rises in October
Industrial production rose 1.6% in October after falling 1.3% in September, according to a report from the U.S. Federal Reserve.
Research
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Trade Sales and Manufacturers Shipments Up
Census Bureau reports combined value of distributive trade sales and manufacturers’ shipments for Sept. was estimated at $1,669.7 billion.
Research
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Retail and Foodservice Sales Rise
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.
Operations
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US LBM Pledges $100K for Vets
Buffalo Grove, Illinois-based building materials distributor pledges $100,000 to the R.I.S.E. Program to help wounded veterans.

