ID Quick Hits: Home Depot Investing $1.2B In Distribution, And Walter Surface Gets Blackstone Deal

In this episode of ID Quick Hits, Editor Mike Hockett recaps Home Depot's ambitious plans to spend $1.2 billion to build out 170 distribution facilities over the next five years, and Walter Surface Technologies acquiriing Fastenal's Blackstone Supply agreement from Sundisc Abrasives.

Like with Amazon, industrial distributors are always keeping a close eye on Home Depot, which sells many of the same products to contractors that distributors do.