- Big 50
A handful of industrial distributors provide parts, tools and services to heavy equipment manufacturer Caterpillar, so any news regarding downsizing at the company is of major interest to our readers.
It appears Amazon has found yet another way to compete directly against B2B distributors — this time in a form of credit cards.
Like with Amazon, industrial distributors are always keeping a close eye on Home Depot, which sells many of the same products to contractors that distributors do.
We’ve already had two major distributor acquisition announcements in 2018, with those being Applied Industrial Technologies’ buying FCX Performance for 784 million dollars, and Berkshire Hathaway’s purchase of Production Tool Supply, which resulted