Gryphon Investors closed its continuation vehicle to infuse new capital into Minneapolis-based distributor Vessco Water.
Dockworkers face an expiring contract and brace for a strike that could mean supply chain disruption weeks before the presidential election.
Though still soft by Fastenal’s historical standards, August was a rebound from July. Get MDM’s full breakdown here.
Combining MDM’s No. 2 and 21 Top Electrical Distributors, it will net Sonepar 23 branches in the southern and southwest U.S. and over 700 associates.
Acquisitions drove sales growth while lower customer activity and adverse weather hurt profitability.
Despite an August uptick that ended four straight months of decline, the latest reading indicated U.S. manufacturing continues to see weak demand.
A class action lawsuit alleges that leading PVC pipe manufacturers exploited supply chain disruptions to fix prices and overcharge customers.
PE firm Montage Partners invested in the mil-spec fasteners distributor and appointed David Ficadenti as its new CEO.
GMS’ organic sales declined in 1Q25, and it added Florida-based R.S. Elliot Specialty Supply earlier in August.
A Mississippi-based seafood distributor pleaded guilty to conspiring to mislabel seafood and wire fraud in a scheme spanning 2002-2019.
To be purchased from Florida Cancer Specialists & Research Institute, it enhances McKesson’s integrated oncology platform.
Union members in Hyattsville, MD are on strike over stalled contract negotiations, citing unfair labor practices and refusal to bargain.
