Danfoss added five distribution-focused personnel and plans further hiring to strengthen relationships with wholesale partners, expand account coverage and increase technical training for contractors.
The landscape supplies distributor plans job cuts and branch consolidations in 4Q as declining sales volume and higher operating costs pressure its business, despite improved quarterly earnings.
The Federal Reserve held its benchmark interest rate steady after September’s increase, citing strong economic activity but persistently elevated inflation. Two policymakers favored another quarter-point hike.
About 250 unionized port watchmen have authorized a potential Nov. 1 walkout amid stalled contract negotiations, threatening operations at terminals handling more than half of the nation’s busiest port complex’s cargo.
At its annual Reshape conference, Amazon Business introduced new AI-powered procurement and analytics capabilities designed to simplify purchasing and demonstrate savings. Here’s the details and our analysis.
Graybar posted its second consecutive quarter of record sales and net profit in 3Q26. The company also completed its third acquisition of 2026.
Watsco posted record third-quarter sales as residential HVAC equipment volumes rebounded, though profitability remained pressured. The distributor also completed two major acquisitions over the past five months and secured a new $750 million credit facility...
Applied Industrial Technologies reported 7.1% organic growth in its fiscal 1Q27, led by double-digit gains in Engineered Solutions. The distributor also reported higher profits, continued industrial demand momentum and a modest increase to its full-year...
The Amherst facility expands the distributor’s greater Buffalo presence and follows four other Northeast store and warehouse openings or relocations in 2026.
Canals Co-Founder and CEO Michael Delgado joins the MDM Amplify podcast to discuss how AI can tackle the manual work behind distributor transactions, where human judgment remains essential and how companies can turn recovered time...
The ownership change follows eight years under Frontenac, during which Motion & Control Enterprises completed 27 acquisitions, including four in 2026.
The charges against Guillevin International stem from a workplace death at an Edmonton hydraulic services facility.
