First Supply’s new distribution center marks a milestone in the company’s ongoing investment in technology, infrastructure and people.
Citing “financial hardships,” Jon-Don closed its doors on May 9 after more than 40 years in business.
Contractor
Article
Home Depot Comps Slide in 1Q as Pro Narrowly Outperforms DIY
The world’s largest home improvement retailer said it won’t raise prices in the wake of tariff impacts, but that some products may be removed from store shelves.
Motion and Flow Control Products
Article
Relevant Industrial Sold from One PE Firm to Another
Fusion Capital Partners acquired the instrumentation and industrial equipment distributor, with LKCM Headwater Investments retaining a minority stake through reinvestment.
World Electric is expanding with a new regional distribution center and appointed a new VP of sales to support growth.
Technology Provider News
Article
Moblico Launches OrderAssist AI to Streamline Order Processing
Moblico launched a tool that automates unstructured order processing to help distributors reduce errors, save time and scale efficiently.
Economic Trends
Article
S&P: U.S. Oil Production Forecasted to Decline in 2026
The decline would be the first in about a decade outside of the COVID-19 pandemic.
Economic Trends
Article
April U.S. Housing Starts Rebound Behind Multifamily
The latest government data showed that while overall monthly housing starts rose, they decline for single-family units.
Manufacturing
Article
Oklahoma Lands $4B Aluminum Plant Investment from UAB Firm
The investment is set to create the first new primary aluminum production plant to be built in the U.S. in 45 years.
Economic Trends
Article
ISM Projects Flat Economic Activity Through 2025
The latest ISM forecast revealed flat or minimal growth for manufacturing in 2025, with revenue, employment and capital spending expectations all trending lower.
Technology Provider News
Article
Verusen Launches Explainable AI Agent to Boost MRO Optimization
Verusen launched its Explainability AI Agent to bring transparency and trust to AI-driven materials and inventory optimization.
Tariffs
Article
U.S. & China Agree to Slash Tariffs for 90 Days
The U.S. and China agreed Monday to a 90-day truce that features a drastic reduction of their respective 145% and 125% tariffs on each other’s goods.

