May 2022 News

HD Q1 Sales Grow 3.8 Percent YOY to $38.9 Billion
Revised guidance predicts 3.0 percent growth for company in 2022.

Lawless Group East Acquires Distributors’ Source of Florida
DSOF has over 30 years of representing quality manufacturers in Florida.

STIHL Inc. and Briggs & Stratton Announce New Manufacturing Relationship
Partnership will produce STIHL zero-turn mowers for U.S. market.

DXP Enterprises Q1 sales up 30.1 percent
Q1 sales hit $319.4 million.

Metabo HPT Wins Sphere 1 Award for 7th Time in Eight Years
Company is again recognized as Preferred Brand of the Year.

Applications: Tips for Hot Weather Concreting
Sakrete's Dirk Tharpe shares tips for smaller projects.

Plumbing Industry Leaders Address Key Trends, Issues at 2022 Emerging Water Technology Symposium
Event focused on challenges to America’s drinking water.

Construction Crews Top Off MSG Sphere in Las Vegas
The 366-foot-tall, 17,500-seat venue will have the world's largest LED screen.

Milwaukee Tool Starts Construction of Mississippi Facility
New 563,000-square-foot location is expected to create 800 jobs. 

Ray Ellis, VP of Air Systems International, Announces Retirement
Ellis co-founded Air Systems in 1984.

Mi-T-M Corporation Receives Sphere 1 Preferred Supplier of the Year Award
Mi-T-M takes Ruby Echelon level award for excellent service to members.

Scenic Road Provides Wheelbarrows for Martha Stewart Event
Scenic Road Manufacturing recently provided Martha Stewart with wheelbarrows for a television special to be aired on ABC. 

Streamlight Announces Key Sales and Marketing Promotions
Veteran employees step into key roles.

New Trustees Join APA Board
Two new members have been elected to the APA – The Engineered Wood Association Board of Trustees.

U.S. New Home Sales Slide 16.6 Percent in April
The average sales price of a new home hits $570,300.

Wisconsin Building Trades Council Welcomes New Executive Director
Emily Pritzkow most recently served as Chief of Staff to Gordon Hintz, the Democratic Leader of the Wisconsin State Assembly.

Ripley Tools Acquires Multiwave Sensors
Multiwave produces advanced solutions for GPS directional and position measurement.

Morse Receives Mayor’s Award for 2021 Environmental Quality Efforts
The company is recognized for its diligent compliance with the Water Reclamation Facility pretreatment program.

Survey Suggests Employee Health May be a Key to Addressing the "Great Resignation"
"2022 Health at Work" report reveals the attitudes and expectations about the changing world of work, employee health and COVID-19.

Exclusive: Human Energy Shines Bright at University of Innovative Distributor 2022
2022 University of Innovative Distribution reenergizes distributor attendees.

Sphere 1 Celebrates 23 Years and Announces 2021 Award Winners 
Annual conference fetes top distributor members and suppliers.  

Simpson Strong-Tie Honors Retiring WSU Engineering Professors
Industry leaders were key supporters of the Simpson Strong-Tie Research and Testing Laboratory at the WSU Pullman Campus.

Chris Keffer Named VP of Sales and Marketing for STIHL
Keffer joins STIHL from Stanley Black and Decker. 

U.S. Housing Market Slides in April
Housing starts were flat for month but still trend 14.6 percent over April 2021.

Champion Cutting Tool Celebrates 125th Anniversary
Champion brands include Mercer, Champion, Brute Platinum, RotoBrute and Proline.

Southwire Recognized as a U.S. Best Managed Company for the Third Year in a Row
Award recognizes firms that demonstrate excellence in strategic planning and execution, strong financial performance and  resilient cultures.

New South Construction Supply and American Contractor’s Supply Terminate Acquisition Agreement
Parties agree to pause deal.

PaintLine Opens Second Distribution Center in Canada
Distribution and fulfillment expands from British Columbia to Ontario.

Dodge: Total Construction Starts Decline in March
Widespread pullback in construction activity following a strong February.

APA Releases 2022 Structural Panel & Engineered Wood Yearbook 
U.S. enacts measures to address rising inflation, influencing construction market outlook.

Point of Rental Earns HAE Supplier of the Year Honors 
Company wins leading European industry award. 

Handling Systems International Expands Capacity
NIKORail workstation maker adds 20,000 square feet of manufacturing space. 

Wright Celebrates 95th Anniversary
Manufacturing icon has shipped over 150 million tools throughout the world.

New Industrial Marketing Agency, Strativise, Inc., Positions to Disrupt Traditional Industrial Marketing
New agency of specialists only works with industrial B2B companies.

CRAFTSMAN Celebrates Women Makers With "She Builds Pride" Limited Edition Storage Giveaway
CRAFTSMAN is teaming up with TV host Cristy Lee and esteemed furniture makers Woodward Throwbacks to recognize and share stories of women makers across the country.

Viega Fittings Earn Additional Navy Approval
Pressing technology approved for use on U.S. Navy surface combatants.

Evergreen Completes Leadership Succession
Kevin Higginbotham retires and William W. Ward takes reins. 

Combined organization extends geographical reach to provide unmatched onsite solutions to construction and maintenance industry.

Cat Phones Mark 10 Years of Innovation
World firsts include integrated thermal imaging camera, thinnest rugged phone and most hygienically advanced smartphone. 

HD Announces $150 Million Venture Capital Fund to Fuel Home Improvement Innovation
Fund aims to identify and spur companies that can ehance HD's product and service offerings and elevate customer experience.

PrimeSource Acquires Axxis, Expanding Portfolio of Specialty Residential Building Products
Strategic acquisition enhances product catalog and extends customer reach.

Woodgrain Closes Huttig Building Products Acquisition
Deal expands Woodgrain's footprint to 32 distribution centers. 

MSA Offers Free Virtual Learning Sessions
Three virtual sessions cover connectivity, gas detection fleet management and cyber security for gas detection IOT systems.