Mike Hockett

For decades, wholesale distribution sales followed a simple formula: check the inventory, drop off a catalog, and take the order. But in today’s market, that model is officially obsolete.

The two producers said their all-stock merger will create OlinHuntsman, a North American chemicals company with about $12.5 billion in annual revenue.

The pharmaceutical products distributor said the 330,000-square-foot facility will expand capacity, add cold chain capabilities and support customers across Oklahoma, Texas and nearby markets.

QXO’s acquisition of TopBuild cleared a major hurdle with shareholder approval from both companies. The transaction is expected to close July 1, positioning QXO as one of North America’s largest publicly traded building products distributors.

You've seen our new Top Distributors Lists. Now, see which companies remained as MDM Industry Titans and which ones joined the exclusive club that recognizes companies that have been in the top 3 of one of our Top Distributors Lists for at least five consecutive years — a testament to sustained market leadership.

QXO officially closed on its acquisition of TopBuild, adding insulation distribution and installation scale to its fast-growing building products platform and positioning the company near the top of MDM’s Building Materials/Construction Top Distributors List.

MDM won't deploy an Update newsletter on Friday amid the Fourth of July holiday in the U.S., so it'll be back on Monday.

Pricing still did most of the heavy lifting for sales growth, but the volume movement is a positive demand sign for the broader metalworking and MRO supplies market. Get the key figures here.

Petroleum products continued to lift nondurable goods sales, while durables saw widespread acceleration as inventory-to-sales ratios continue to slide, indicating demand is outpacing stockpiles. Here, get a full breakdown of product vertical-specific figures for monthly and year-over-year sales and inventories from the latest government data.

QXO’s latest investor Q&A details how the building products distributor plans to turn Beacon, Kodiak and TopBuild into a connected platform built around procurement leverage, margin expansion, cross-selling and a multiyear technology rollout.