January’s figure still indicated contraction for a 14th consecutive month, but at a much slower pace than almost all of 2023.
The MRO supplies distribution giant expects the 1.2-million-square-foot facility to open in 2026.
Fed Chair Jerome Powell suggested that a rate cut issued at his committee’s March 19-20 meeting is unlikely.
Joyce Orlob Evans — the daughter of the company’s founder — played an active role in the MROP distributor throughout her life.
Fellow private equity firm American Securities, which acquired FBM in 2021, retains a majority stake in the distributor.
UPS plans to cut 12,000 jobs this year to realize $1 billion in cost savings after both domestic and international volumes have suffered.
Terabytes of data were stolen from manufacturing giant Schneider Electric’s sustainability division in a ransomware attack on Jan. 17.
Proton describes it as the first conversational AI chatbot designed specifically for distributors and exclusively for Proton CRM customers.
Organic sales narrowly dipped year-over-year as modest growth in Applied’s Service Center segment offset a decline in Engineered Solutions.
anyseals’ streamlined operations have resulted in more competitive pricing on large-volume orders.
Tammy Miller spent 32 years at the electrical distributor, serving as CEO from 2006-2020.
See our full breakdown of 3M’s 4Q numbers, which showed that roofing granules were the only industrial category to see decent growth.
