It’s the PMI’s first time above 50.0% since October 2022, signaling manufacturing momentum in early 2025.
The company continued to see organic growth that outpaced market averages, ending the year with strong margin gains.
The company reported two of its three segments showing an increase in revenue, while the departure of Optimum impacted its Pharmaceuticals segment.
Applied’s total sales declined year-over-year, but acquisitions drove most of the increase while foreign currency translation negatively impacted sales.
QXO calls the agreement “shareholder-unfriendly” and a “poison pill”.
Beacon acknowledged the tender offer and recommended that shareholders take no action at this time.
PMA latest Business Conditions Report shows 35% of surveyed metalforming manufacturers predict an increase in economic activity this quarter.
These reports deliver a wealth of wholesale distribution economic metrics and dealmaking analysis covering the October-December period, along with forecasts for 1Q25 and beyond.
Amazon’s decision to close Quebec warehouses and facilities has drawn reactions from the Canadian government and unions.
The Home Depot partnered with the delivery apps to provide customers with faster, on-demand delivery of home improvement products.
The longtime MDM steward brings 40 years of industry research experience and perspective to the innovative industrial distributor.
The company reported modest overall 4Q sales and profit growth that outpaced a decline in full-year sales.
