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5 Minutes with ID
Top Story
Earnings
Motion Sales Fall 2% in Q1, but Profits Up
The MRO giant maintained its sales growth projections for the full year.
Featured
Company Expansion & Consolidation
Packer Fastener Expands to Kansas City
The company announced the opening of its Olathe, Kansas, branch.
April 18, 2024
Operations
Fromm Announces New Services Division
FrommConnect offers engineering, fabrication and services to manufacturers and electrical contractors.
April 18, 2024
Mergers & Acquisitions
Ballymore Safety Sold to PE Firm One Equity Partners
Based in Southeast Pennsylvania, Ballymore designs, develops and manufactures highly engineered safety products.
April 17, 2024
Mergers & Acquisitions
Purvis Industries Acquires PTE Drives
PTE operates a single branch in Northeast Ohio.
April 17, 2024
Mergers & Acquisitions
Martin Supply Acquires Trinity Hardware Headquarters
Martin said the deal will bolster its presence in the fastening market and in the Midwest region.
April 15, 2024
Popular Videos
Why Are Distributors Settling for Single-Digit Growth?
March 15, 2024
Finding Opportunity When the Market Doesn’t ‘Carry the Channel’
February 28, 2024
How Distributors Are Failing New Sales Talent
February 21, 2024
The Business Case for Sustainable Products
January 31, 2024
Latest
Sponsored
All-In-One Distribution Management
Acumatica looks to offer new solutions.
April 17, 2024
Awards
PT Named IDCO Supplier of the Year
The cooperative also announced its member of the year for 2023.
April 18, 2024
Awards
Border States Announces Vendor of the Year Awards
Geotek and Ericson Manufacturing were also recognized for "service excellence."
April 18, 2024
Staffing Changes
Rexel Names Gulf Central President
Shawn Hawkins previously served as vice president of commercial excellence at Wesco.
April 18, 2024
Operations
Bill Would Require California Business Owners to Disclose Indentities
The legislation faces fierce opposition from a number of business groups.
April 18, 2024
Technology & Software
Security Breach: Weaponizing Secure-By-Design
How a greater focus on new and legacy OT connections could alter the cybersecurity battlefield.
April 18, 2024
Economy
Fed's Powell: Elevated Inflation Will Likely Delay Rate Cuts This Year
Vigorous consumer spending can keep inflation elevated because it can lead some businesses to charge more.
April 17, 2024
Supply Chain
Biden Seeks Higher Tariffs on Chinese Steel
He wants to triple tariffs on steel from China to protect American producers from a flood of cheap imports.
April 17, 2024
Associations
Murphy, Gale Honored by ISA
The Industrial Supply Association awarded distinctions at this week's annual conference.
April 17, 2024
Operations
WestRock to Build New Corrugated Box Plant in Wisconsin
Construction will begin in 2024 and is expected to be completed in 2025.
April 17, 2024
Mergers & Acquisitions
White Cap Acquires Bend Construction Supply
The company serves concrete, mechanical and electrical contractors.
April 15, 2024
Operations
Tool Maker Vaughan to Shutter Longtime Factory
A failed buyout bid is expected to result in more than 100 layoffs.
April 15, 2024
Mergers & Acquisitions
Resideo to Acquire Snap One in $1.4B Deal
Snap One will be integrated into Resideo's ADI Global Distribution business.
April 15, 2024
Technology & Software
SourceDay, Infor Announce Strategic Partnership
The companies said the collaboration will allow customers to manage direct material POs from creation to receipt.
April 15, 2024
Economy
Consumer Sentiment Falls Slightly as Inflation Outlook Worsens
Americans appear to be "reserving judgment" about the economy.
April 15, 2024