After a quiet couple weeks of news surrounding Thanksgiving, things picked up this past week with news of major expansion for Milwaukee Tool and acquisitions by Fairmont Supply.
Here's this week's Top 5
Fastenal November Sales See Best Growth In 3 Years: Fresh off celebrating its 50th anniversary by opening a company museum last week, Fastenal posted its November 2017 sales information on Wednesday, showing that its sales growth surge continued last month.
Milwaukee Tool Announces $33 Million Mississippi Expansion: Milwaukee Tool is expanding operations at three Mississippi locations, investing $33.4 million and creating 660 jobs. The expansions are planned for the company’s sites in Greenwood, Jackson and Olive Branch.
Fairmont Supply Acquires PVF Distributors In Nebraska & Oregon: MRO products distributor Fairmont Supply Company, No. 49 on ID's Big 50 List, has announced that Industrial Pipe & Supply of Omaha and Industrial Pipe & Valve of Portland have joined the Fairmont Supply family of companies.
Construction & Industrial Surge Powers Q3 Growth At HD Supply: HD Supply continued its strong year-over-year sales growth in Q3, capped off by an October that saw average daily sales surge 10 percent, including 16.4 percent in Construction & Industrial.
DPA Buying Group Adds 14 New Distributors To Industrial Division: Cincinnati, OH-based DPA Buying Group has welcomed 14 new distributor members to its industrial products division, spanning 12 different U.S. states.