This is the company’s 10th time to be recognized by the prestigious Fortune magazine, and its second time to receive two honors in the same year after being recognized as a Top 100 Workplace for Millennials in June.
Kip Miller, Eastern’s current President and CEO, who has led the company for 37 years, will be stepping back from day-to-day operations on October 1, 2024, as Caleb Owen, Executive Vice President, takes the reigns as President.
This decision marks a significant milestone in the company's journey to scale its business while staying true to our roots as an independent wholesale distributor.
Some industrial distributors reach a point where they've captured their local market and need to expand. They can either open a new location or acquire an existing business in a new area. Each approach has its own benefits and drawbacks, depending on the company's stage of growth.
Same-store sales increased by 4% in the U.S., 1% in Canada, and 15% in Mexico, in their respective currencies. Member purchases from AD suppliers grew 4% to $10.1 billion.
In this article, we will discuss the significant trends impacting the industrial distribution sector, including digital transformation, automation, data optimization, omnichannel approaches, challenges in improving profit margins, legacy system fragmentation, and industry consolidation.
The Macomb Group announced its expansion into Wisconsin with a 30,000 square foot building located at 1517 County Road O in Neenah, one of the Fox Cities just southwest of Appleton.
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