3M Safety & Industrial Sales Improve in 2Q
Under the direction of a new CEO, manufacturing conglomerate 3M reported its 2024 second-quarter financials on July 26. Total sales for the quarter reached $6.3 billion, down 0.5% year-over-year....
View ArticleGlobal Industrial’s 2Q Sales Growth Slows Further, but Gross Margin Improves
Industrial and MRO parts distributor Global Industrial Company reported its 2024 second quarter financial results on July 30, showing a continued deceleration in comparable sales growth year-over-year,...
View ArticleGrainger Posts 3.1% Sales Growth in 2Q, Lowers Outlook
MRO and other industrial supplies distributor Grainger reported its 2024 second quarter financial results on Aug. 1, showing a continued deceleration in year-over-year sales growth and a lowered...
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Imperial Dade Acquires Excell Direct in Phoenix
New Jersey-based foodservice, packaging supplies, industrial products and janitorial supplies distributor Imperial Dade acquired Excell Direct in its latest bolt-on addition. Terms of the transaction...
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Global Industrial Adds New Marketing Leader
Industrial and MRO parts distributor Global Industrial appointed Lisa Armstrong as Senior Vice President & Chief Marketing Officer. Lisa Armstrong Armstrong will report to Interim CEO and Executive...
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Imperial Dade Acquires Nevada’s Inland Supply
Foodservice, packaging supplies, industrial products and janitorial supplies distributor acquired Inland Supply Company. Terms of the transaction were not disclosed. This is Imperial Dade’s 16th...
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MDM Podcast: How One Distributor Leverages Sales Freedom
While technology has enabled many distributors to shift their sales structure to one that relies predominantly on inside sales, outside sales certainly isn’t dead. Yes, a growing portion of today’s...
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Veritiv to Buy Orora Packaging for $1.2B
Packaging supplies manufacturer and distributor Vertitiv is set to acquire the North American unit of Orora Group — Orora Packaging Solutions (OPS) — for $1.2 billion USD. Buena Park, CA-based OPS is a...
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Imperial Dade Adds New CFO
Foodservice, packaging supplies, industrial products and janitorial supplies distributor Imperial Dade appointed Fareed Khan CFO, effective Sept. 9. Fareed Khan Khan — an industry veteran with over 20...
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Aramsco Adds Former Grainger VP as CCO
Janitorial, safety products and plastics distributor Aramsco appointed Kiki Katz as Chief Commercial Officer (CCO). Kiki Katz Before joining Aramsco, Katz served as Regional VP at Grainger, where she...
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Essendant Appoints Fulfillment Services Leader
Facilities supply distributor and commerce provider Essendant appointed Patrick Allard as President of Essendant Fulfillment Services, effective Sept. 16. Allard, an industry veteran with more than 25...
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Network Distribution Appoints First Chief Commercial Officer
JanSan, foodservice disposables and industrial packaging distributor Network Distribution appointed James Timberlake as the company’s first Chief Operational Officer. Timberlake joined Network in...
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Global Industrial Inks Marketing Deal with NHL’s New York Islanders
Industrial and MRO supplies distributor Global Industrial announced a multi-year marketing partnership with the NHL’s New York Islanders and UBS Arena in Elmontm, NY. Global Industrial said that the...
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Imperial Dade Adds Former BradyPlus Exec to Lead Business Development
Foodservice packaging, industrial and JanSan supplies distributor Imperial Dade appointed Jeff Roberts to Senior Vice President of Business Development & Commercialization. Jeff Roberts Roberts has...
View ArticleGlobal Industrial 3Q Sales Slide, but Profit Grows
Industrial and MRO parts distributor Global Industrial Company (GIC) reported its 2024 third quarter financial results on Oct. 29, showing a continued deceleration in sales growth year-over-year, while...
View ArticleGrainger Posts 4% Organic Growth in 3Q Amid “Slow but Steady Market”
MRO and other industrial supplies distributor Grainger reported its 2024 third quarter financial results on Oct. 31, showing another solid increase in sales. Chicago-based Grainger posted 3Q total...
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Imperial Dade Acquires California Janitorial Supply Corp.
Foodservice, packaging supplies, industrial products and janitorial supplies distribution Imperial Dade acquired California Janitorial Supply Co. Terms of the transaction were not disclosed. This is...
View ArticleImperial Dade Makes Acquisition in Western NY
Foodservice, packaging supplies, industrial products and janitorial supplies distribution Imperial Dade acquired Economy Products & Solutions, Inc. Terms of the transaction were not disclosed, but...
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Imperial Dade Acquires San-A-Care in Milwaukee
Foodservice, packaging supplies, industrial products and janitorial supplies distribution Imperial Dade acquired San-A-Care, Inc. This is Imperial Dade’s 19th acquisition in 2024. Terms were not...
View Article2024 MRO Market Trends: Navigating Through Change
U.S. MRO markets have shown incredible toughness over the past five years of turbulence. After experiencing a slight decline of 2% in 2020 overall, the market rebounded with two years of robust...
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