The hardware and industrial supplies distributor expects to net $20 million in annual sales from York, PA-based Campbell.
The leadership changes are designed to fully align Ryerson and maximize the synergies of its completed merger with Olympic Steel.
Gross margin topped expectations with an uptick, while pricing continues to comprise nearly all of year-over-year sales growth.
Pricing powered a third straight month in expansion territory. However, PMI survey commentary was overall negative, with numerous respondents citing Iran war impacts.
PMA’s latest business conditions report showed a considerable downgrade in near-term optimism.
Pericle’s work will expand into an ongoing body of intelligence, including a monthly podcast, applied guidance for industry leaders and conversations with the operators building the next generation of distribution capability.
The infrastructure supplies distributor’s former CEO has retired as executive chairman, and the company has named a successor, along with another board member appointment.
Marking one of the largest transactions in the history of wholesale distribution, it’s set to push Sysco’s annual revenue to near $100 billion and diversify its offering with a strong push into the cash-and-carry segment....
Seven major HVAC manufacturers are named in a federal class action lawsuit alleging coordinated price-fixing that began during the COVID-19 pandemic.
The acquisition enhances Danville, VA-based Unison Tube’s product portfolio of tube technology in the U.S.
The 8% price increase would “provide a necessary bridge to a permanent mechanism to reflect market conditions in prices for competitive products,” USPS officials said.
The 2025 gain was despite one fewer selling week than 2024 for the infrastructure supplies distributor.
