The acquisition comes as Winsupply advances a broader distribution expansion announced in March. The company plans to add 1.6 million square feet of capacity over two years through projects in Ohio, Oklahoma and Georgia.
Wholesale trade was among the industries reporting growth in new orders, providing a direct indication that demand strengthened across the distribution sector during the month.
Lowe’s has been building out its Pro capabilities with expanded product access, digital quoting and purchasing tools, job-lot quantities, and direct-to-jobsite delivery.
Morgan Stanley Real Assets said the U.S. industrial market appears to be moving from a cyclical recovery toward another growth cycle, with demand accelerating while development remains constrained.
For distributors, the August report points to continued industrial demand but a less straightforward growth environment than the headline PMI suggests.
The agreement expands BlueLinx’s specialty products portfolio as the building products distributor looks to increase its exposure to higher-value product categories.
The combination of stronger sales and stable customer payment patterns provides some positive signals for distributors entering the second half of the year.
Cincinnati-based Hillman has closed the previously announced acquisition of Kanebridge, a master distributor of commercial and military-grade fasteners.
The combination gives TIPCO a broader product offering for refinery, petrochemical and other industrial customers by adding fasteners to its existing hose and gasket capabilities in the region.
The deal gives DSG a larger customer base in one of its core MRO markets while extending Lawson Products’ geographic reach.