Eric Hoplin, NAW CEO, testified to the U.S. House Committee on Education and the Workforce’s Subcommittee on Workforce Protections on how the distribution industry is deploying AI.
The news comes just two days after the company announced the opening of a large new distribution center in South Carolina.
A search committee has been established to identify a candidate who will assume the organization’s leadership role.
Fiscal Year 2025 Net income for SiteOne increased 23%, compared to the prior year.
Kodiak Building Partners to join legacy Beacon as the next major building materials distributor to make up QXO. See details of the acquisition, expected to close in the second quarter of 2026.
Over the month, commercial planning fell 7.2% and institutional planning momentum slowed by 4.4%, according to the Dodge Momentum Index.
Each of Wesco’s operating segments continued to record organic sales growth.
After a tariff-driven May-August slump, orders accelerated throughout the rest of 2025 and entered 2026 with underlying momentum.
That’s despite a small monthly downtick in the portion of in-market locations reporting growth, meaning Fastenal got relatively more out of its biggest customers. Get our full breakdown of the January numbers here.
Fenco is the second investment for private equity-backed Averon, and it is actively pursuing others.
Private equity firm Exponent acquired U.K.-based Optimas International from its U.S.-based parent company Optimas Solutions.
Though the figures were a positive sign for manufacturing momentum, ISM survey commentary acknowledged that January is a reorder month and likely was influenced by buyers trying to get ahead of expected price increases.
