Global industrial pipe market to reach $52.6 billion by 2030 with 4.1% CAGR. Demand driven by power generation, petrochemical, and industrial processes. Regulatory changes causing project delays for industrial PVF players.
Several long-valued mentors and those Terry Ludwig has had the opportunity to mentor are among those he will separate from through his retirement. Few professionals can refer to a legacy as richly endowed with good relationships.
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 2024 Premier 150 Distributor Survey reports a drop in sales amongst PHCP-PVF wholesaler-distributors. In 2023, only 66% of companies reported an increase in sales, while 25% experienced a decrease and 9% reported no change.
Do open houses truly justify the time, effort and money your team invests in them? And more importantly, are they effectively amplifying your brand's story?
Wilkinson Supply started out as a six-person operation selling plumbing supplies throughout the Triangle area of North Carolina. Bill Wilkinson, the company’s founder, established a commitment to a customer-first mentality fueled by hard work and dedication. This commitment has carried Wilkinson Supply to growth for nearly 60 years.
Marcone, a residential appliance parts distributor and portfolio company of Genstar Capital, announced it has acquired Professional Plumbing Group (PPG), a distributor of plumbing products for repair and remodel applications. PPG designs, manufactures, markets and distributes plumbing products. PPG’s portfolio includes products from two proprietary brands — Wolverine Brass and Speakman — as well as third-party products across all of the leading brands.
Net sales of $6,803 million were 26.6% ahead of last year, 24.5% higher on an organic basis with 1.8% from acquisitions and a further 0.3% from the impact of foreign exchange. Inflation in the first quarter was in the low teens.