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DGI Supply To Acquire North Carolina's East Metro Supply

March 30, 2015 | by Mike Hockett, Associate Editor | Comments

DGI plans to consolidate its current Charlotte, NC location which includes local inventory and a talented customer service team with the East Metro team shortly after the May 4 acquisition closing.

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Today in Distribution

The complete daily resource for distribution professionals

ABC Supply Makes 2 Acquisitions

March 30, 2015 4:50 pm | by Mike Hockett, Associate Editor

The additions strengthen ABC's offering in the New England and Twin Cities (MN) regions.

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Merwitz Re-Joins PEER Chain As PT Product Manager

March 30, 2015 1:27 pm | by PEER Chain Company

After leaving the company in 2012 to pursue an MBA, Merwitz returns to PEER to direct its growing chain related product lines that provide product insight and solutions through customer service.

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L.B. Foster Acquires Inspection Oilfield Services

March 30, 2015 12:37 pm | by L.B. Foster

The acquisition broadens LB Foster's offering of pipeline coatings and tubular products, as IOS has locations throughout the U.S.

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Report: Builders FirstSource In Talks To Buy ProBuild

March 30, 2015 10:05 am | by Mike Hockett, Associate Editor

Citing people familiar with the matter, a Reuters report says acquisition talks are ongoing between the two companies, involving a price tag of $1.5 billion.

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STAFDA Announces Convention Keynote Speakers, Theme

March 30, 2015 9:46 am | by Mike Hockett, Associate Editor

The 39th annual convention's general session will include the Associated State-Of-The-Industry address from a prominent industry figure, along with a keynote delivered by three "shark" investors.

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Steel Industry Gathers Before Congress

March 27, 2015 12:47 pm | by Maura Falk, Associate Editor

Voicing their concerns about domestic steel procedures, trade policies, and plant closures, U.S. Steel Corp. President and CEO Mario Longhi was one of the industry leaders to testify in front of the Congressional Steel Caucus Thursday.

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Apex Power Tools Opens New U.S. Service and Aftermarket Facility

March 27, 2015 12:06 pm | by Apex Tool Group

At 28,000 square feet, the new service center is being created to consolidate the company’s U.S. service centers into one convenient location.

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Graybar CEO Receives NAED 2015 Trailblazer Award

March 27, 2015 11:56 am | by NAED

According to NAED, the award honors Mazzarella’s outstanding and dedicated service to the association, its Women in Industry Forum, and the electrical distribution industry at large.

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RBC Bearings Acquires Sargent Aerospace & Defense For $500M

March 27, 2015 10:23 am | by RBC Bearings

Expected to close in Q2 2015, the addition fortifies RBC's defense and aerospace trade as a brand with annual sales of approximately $195 million.

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Wesco Aircraft Appoints Interim CFO

March 27, 2015 9:56 am | by Mike Hockett, Associate Editor

Company vice president and global controller K. Lynn Mackson steps into the interim role until a permanent CFO is in place, while a search also continues for a permanent new CEO.

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Airgas To Build $64 Million Plant In Tuscaloosa

March 27, 2015 9:26 am | by Mike Hockett, Associate Editor

Construction is slated to start in September, and Airgas plans to open the plant in April 2017.

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Jason Industries Acquires Herold Partco Assets

March 26, 2015 3:52 pm | by Jason Industries

The acquisitions gains Jason Industries a manufacturer of industrial brushes, as Herold Partco's equipment will be relocated to Jason Finishing Group's Richmond, IN plant by the end of the month.

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MAPI U.S. Industrial Outlook: Strong Dollar Offsets Low Energy Prices

March 26, 2015 2:53 pm | by MAPI Foundation

MAPI's research forecasts a higher 2015 manufacturing growth percentage than originally anticipated, while 2016's outlook was lowered.

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WinWholesale Opens Miami, FL Winsupply

March 26, 2015 11:42 am

The new location supplies the Miami, FL region with an inventory of plumbing products, supplies, and services.

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Ferguson Acquires Equarius

March 26, 2015 10:29 am

The acquisition grows Ferguson Waterworks' utility footprint in California.

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Valin Corp. Becomes Authorized Distributor For ASCO Numatics

March 26, 2015 9:49 am | by Valin Corporation

The development makes Valin the largest stocking distributor of ASCO Numatics in the western United States.

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Republican Lawmakers Target 'Micro-Unions'

March 26, 2015 9:41 am | by Andy Szal, Digital Reporter

Sen. Johnny Isakson reintroduced his Representation Fairness Restoration Act last week with 12 Republican co-sponsors. It's just the latest opposition from the party against NLRB policy.

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H.B. Fuller Reports Q1 Sales Drop, Lowers Outlook

March 26, 2015 9:15 am | by Mike Hockett, Associate Editor

Despite recent acquisitions adding to the company's product offering for 2015, H.B. fuller said the growing strength of the U.S. dollar will continue to have a considerable negative currency impact on it.

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U.S. Durable Goods Orders Fell 1.4 Percent In February

March 25, 2015 10:46 am | by Martin Crustinger, AP Economics Writer

The weakness in February was widespread, with weaker demand for commercial aircraft, autos and machinery. The result adds to a slew of disappointing data from recent economic indicators.

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IBC Advanced Alloys Subsidiary Receives Purchase Order From Kaman Corp.

March 25, 2015 9:55 am | by IBC Advanced Alloys Corporation

IBC Engineered Materials Corp. will supply Kaman Corp. critical imaging system components that will be used on U.S. naval and foreign military tactical aircraft.

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