U.S. Wholesale Inflation Cooled Further in August
The gain was driven by a 0.4% increase in services prices, while goods prices were unchanged amid falling energy prices. source: Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business
Ingersoll Rand Makes Acquisitions in U.S., Italy, India
Pumps manufacturer Ingersoll Rand acquired Air Power Systems Co., Blutek s.r.l. and UT Pumps & Systems for a combined price of $135 million, marking deals in the U.S. Italy and India, respectively.. Davidson, NC-based Ingersoll Rand said that these acquisitions enhance the company''s product range, expand its geographic presence and introduce new
Sonepar to Acquire Summit Electric in Southwest Splash
MDM Analysis. It''s been a huge 2024 for Sonepar in North America. Once this Summit deal is complete, it will have closed some of the gap at the top of our top of MDM''s Electrical/Data/Security Distributors List, which Wesco leads with $22.4 billion in 2023 revenue.
Shrieve Chemical Acquires Connection Chemical
Shrieve operates through its four segments — chemical distribution, specialty lubricants and enhancers, energy products and services and custom packaging. Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing
MDM''s 2024 Economic Outlook Report Now Available
The latest offering out of MDM Research has arrived, and it''s robust. MDM has published our 2024 Economic Outlook Report, which serves as a comprehensive economic reference guide to the $8 trillion U.S. wholesale distribution industry.. The 115-page report provides both an overall view of the entire industry and macroeconomic details on its 19
Hand Tools Maker Zircon Acquires Harmony Energy Tech
Campbell, California-based electronic hand tools company Zircon Corporation on April 20 announced it has finalized a merger agreement with Harmony Energy Technologies Corp.. The merger closed April 14, according to a Zircon news
Turtle Partners with Catalyze to Expand in Renewable Energy
In December 2022, Shanahan joined the MDM Podcast for an interview about her unique path to becoming Turtle''s CEO, the distributor''s emphasis on diversity in both its workforce and supplier base, and how investment in sustainable energy storage has positioned the company for continued success in the age of electrification.
Europe Offsets Fall in Saint-Gobain U.S. Sales
Saint-Gobain overall sales were up 6% in the first half of 2007 to US$29.8 billion (21.7 billion euros).  ; All the group''s sectors saw a rise in sales, with organic growth overall at 6.9%.  ; Construction markets in Europe, bolstered by the impact of regulations promoting energy efficiency, offset the downturn in the U.S. housing market. Sales were
MDM''s June M&A Roundup: 2024 1H Activity Outpaces 2023
After a remarkably busy 2023 for distributor M&A activity, 2024 appeared set for a correction year, or perhaps flat at best. Given the ongoing softness in industrial demand that began in the second half of 2023 and a looming U.S. Presidential election, we at MDM anticipated that activity would likely be somewhat conservative in 2024 compared to a gangbusters 2024.
Earnings Roundup: Saint-Gobain, TriMas, Pentair, Schneider
We''re in the midst of another quarterly earnings reporting period for publicly-traded industrial distributors and manufacturers. Read below to learn about the most recent sales and revenue numbers for companies MDM typically covers, including: France-based building materials manufacturer Saint-Gobain; Bloomfield Hills, Michigan-based manufacturer TriMas;
MSCS Archives
SPATCO Energy Solutions will acquire petroleum services company MSCS, effectively expanding its geographic footprint into Texas. June 15, 2023; Topics. and partner resources per MDM Terms & Conditions. You can withdraw consent at any time. Learn More about Custom Reports * * * * * * Request a Market Prospector Demo
Applied''s 2024 ESG Report Highlighted by 3% Energy Reduction
Motion, flow control, automation and MRO supplies distributor Applied published its 2024 ESG Report detailing its progress toward sustainability and responsible business practices.. Some highlights from the report: Achieved a 3% reduction in total energy consumption and increased the proportion of waste that is recycled.
Hand Tools Maker Zircon Acquires Harmony Energy Tech
Campbell, California-based electronic hand tools company Zircon Corporation on April 20 announced it has finalized a merger agreement with Harmony Energy Technologies Corp.. The merger closed April 14, according to a Zircon news release. Financial details were not disclosed. The combined company will do business under the name Zircon and will be "centered on
CNC Flow Control Acquires Master Distributor Mako Products
Houston, TX-based flow control product supplier CNC Flow Control acquired Edmond, OK-based Mako Products, a master distributor of tube and instrumentation fittings, tubing and valves.. Financial terms of the transaction were not disclosed. "The owners of Mako have built a highly regarded customer-centric and national distribution organization that we
SPATCO Energy Solutions Archives
SPATCO Energy Solutions will acquire petroleum services company MSCS, effectively expanding its geographic footprint into Texas. June 15, 2023; Topics. and partner resources per MDM Terms & Conditions. You can withdraw consent at any time. Learn More about Custom Reports * * * * * * Request a Market Prospector Demo
Distributor SPATCO Energy Solutions Acquires MSCS
5 天之前· SPATCO Energy Solutions, an infrastructure services provider for petroleum and EV market segments, has acquired Dallas, Texas-based petroleum services company MSCS Ltd.. The acquisition expands SPATCO''s geographic footprint into Texas after its January 2023 acquisitions of McKinney Petroleum Equipment and Petro Supply. The combined entity now
Sandvik Agrees to Acquire Varel International Energy
Swedish manufacturer Sandvik (STO: SAND) has agreed to acquire Varel International Energy Services Inc., Carrollton, TX, for about $740 million. Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts
Timken Invests Another $70M in Renewable Energy Capabilities
North Canton, Ohio-based bearings manufacturer Timken is investing another $70 million in renewable energy capabilities, the company announced May 9. Brad Star is an Associate Editor at MDM, having joined the company in August 2022. He spent most of the previous two years as a Business Reporter for USA-Today Network-Wisconsin''s Appleton
ST HELENA ENERGY STRATEGY
The intention of the Energy Strategy is for St Helena to become 100% self-sufficient through renewable energy by 1 April 2022. This will be achieved through the following: A mixed model of energy production and storage; A targeted strategy to reduce demand through greener more efficient products and practices, which will include electric
Hybrid Energy AS Archives
Based in Lysaker, Norway, Hybrid Energy AS is a provider of high-temperature energy management solutions. January 18, 2023; Topics. Sales & Marketing; Strategy & Research; Tech & Operations; and partner resources per MDM Terms & Conditions. You can withdraw consent at any time. Learn More about Custom Reports * * * * * * Request a Market
MDM Energy and Infrastructure Services| MDM
We''re committed to providing exceptional energy and infrastructure solutions while supporting our fellow veterans and their families. As a SDVOSB, we qualify as a Disadvantaged Business Enterprise (DBE) and are eligible for
CNC Flow Control Acquires Master Distributor Mako
Houston, TX-based flow control product supplier CNC Flow Control acquired Edmond, OK-based Mako Products, a master distributor of tube and instrumentation fittings, tubing and valves.. Financial terms of the
Ferguson, ENGIE Partner on 65 MW Wind Energy Project
On Oct. 3, plumbing, HVAC, PVF and industrial supplies distributor Ferguson announced it is partnering with Texas-based ENGIE North America Inc. on a renewable energy project located about 160 miles from Dallas.. The project is a 65-MW Virtual Power Purchase Agreement (VPPA) from ENGIE''s Century Oak wind project located in Callahan County, according to a news
MDM Podcast: Here''s How Bluon is Changing the HVAC Game
4 天之前· So, in 2011, Capuciati worked towards the formation of Bluon Energy as an R&D company, and for the next four-and-a-half years, it was solely dedicated to R&D to create a new refrigerant. But once Bluon''s 458A product hit the market after the necessary approvals in 2016-2017, the team hit a brick wall: HVAC technicians who were resistant to
Ferguson, ENGIE Partner on 65 MW Wind Energy Project
On Oct. 3, plumbing, HVAC, PVF and industrial supplies distributor Ferguson announced it is partnering with Texas-based ENGIE North America Inc. on a renewable energy project located about 160 miles from Dallas.. The project is
Contract Signed for Wastewater Management Design Consultancy | St
St Helena Government (SHG) is pleased to announce that they have entered into a contract with MPAMOT Africa (PTY) Ltd from Cape Town, South Africa to develop wastewater solutions for Half Tree Hollow and Jamestown. MPAMOT Africa is a multidisciplinary engineering and development consultancy with more than 27 years'' experience within the
Energy | St Helena, CA
St. Helena Energy Options. St. Helena City Council has voted to offer electricity ratepayers within the City of St. Helena additional choices for their electricity. On November 24, 2015, City Council voted to request membership into MCE, a
Honeywell to Divest Advanced Materials Unit
4 天之前· "Through the powerful combination of strategic bolt-on acquisitions and subtractions of high quality but non-core business lines, we continue to enhance our portfolio mix and further tighten Honeywell''s alignment to three compelling megatrends: automation, the future of aviation, and energy transition—underpinned by our Accelerator