The company allegedly provided an inventory management system at no cost to clients to entice them to make purchases.
The FTC alleges that the alcohol beverage distributor violated the Robinson-Patman Act by charging higher prices to smaller retailers.
After meeting with ILA President, Trump posted on Truth Social in support of the dockworker’s stance to keep automation out of East and Gulf Coast ports.
Despite market headwinds and commodity price deflation, Ferguson’s CEO says it will continue to outperform the market.
The Department of Justice has stepped on the scene following accusations of collusion in pricing for PVC products in which three distributors were named as co-conspirators.
It was the company’s best month since December 2023, led by particularly strong growth from manufacturing customers and in fastener products.
While still in contraction territory overall, the November report showed a healthy increase in new orders and employment.
The PMA report shows that metalforming manufacturers maintain a guarded yet optimistic economic outlook.
Overall, the deal effectively doubles the size of Do it Best’s membership.
Consumption decreased month-to-month, following a healthy gain in August.
PIP is set to expand its global footprint with the acquisition, adding 20 manufacturing sites and 17 distribution centers worldwide.
The companies said the merger will create a global leader in consumer packaging, enhancing innovation and sustainability.
