Industrial PVF

RSS

Respondents reported calendar-year-to-date sales growth of 24%. For the trailing 12 months ending March 2022, respondents reported strong sales growth of 23.7%. 

For the fourth consecutive year, AD has been recognized as a Top Workplace in the Delaware Valley.

Southern Pipe & Supply announced the acquisition of a state of the art, 500,000 square-foot distribution center in Meridian, Mississippi.

Raritan Group announced its recent hire of Donna Macaron, who will join the team as an Industrial Sales Specialist. In her new role, Macaron will be accountable for creating strategies to improve profitability and increasing sales. 

Reports are claiming that the Biden Administration may delay the lifting of Title 42 beyond the current May 23rd rescission date. While some Democrats are opposed to this, Republicans and many moderate Democrats are opposed to lifting Title 42, which keeps migrants seeking entry to the US, in Mexico, until their cases are heard

One of our 34 stops last year was at Dakota Supply Group. Paul Kennedy, the distributor’s CEO, said the tour stop was inspiring to his team. “I don’t think anyone has been able to articulate what we do as distributors as well as you are doing on this tour you are on. I felt that we needed to be a part of it - to be a part of the story you’re telling. Helping our team understand the important role they fill in contributing to building America, that was great.”

Winsupply has completed the purchase of all three Williams Wholesale Supply locations.

Respondents to ASA’s monthly sales report reported a median sales increase of 27% for February 2022 vs. the same February 2021 timeframe. These results reflect another month of robust performance compared to the same month a year ago, though compared to January 2022 totals, the median sales growth was a more modest 4.5%, reports Industry Insights, which prepares the report for ASA distributor members. 

For better or for worse, elections have consequences. That has now been proven yet again, even though the federal government is experiencing some of the slimmest partisan margins in its history. With former President Trump still in the background, the Biden administration quickly set out with a wide-ranging agenda to implement its vision for America. However, much of this has been stalled with the COVID-19 pandemic still with us and its continuous viral variants, an economy expanding amid inflation and foreign policy challenges that seem to present themselves daily.  

Wolseley Industrial Group announced it has officially changed its name to Ferguson Industrial. The business has been operating as part of Ferguson for the last 15 years, but kept Ferguson’s parent company former namesake, Wolseley, until now.