ID Quick Hits: IBT Forms Parent Company; Oil & Gas Update; And Fastener Distributor...

In our latest ID Quick Hits episode, editor Mike Hockett recaps IBT Inc.'s business entity restructuring and leadership changes, an update on oil prices and rig counts, the latest Fastener Distributor Index and acquisitions for Colony Fastener.

I hope everyone had a great 4th of July. There hasn’t been much major news in the industrial distribution market these past couple weeks, but we still wanted to provide an update on some noteworthy items.