Modern Distribution Management released its 2024 Top Distributors Lists.
Now in its 15th year, the directory lists 200 of the largest industrial, electrical, building material and construction products distributors in North America across 20 product verticals, based on fiscal 2023 revenue rankings within each of them.
Included in MDM’s directory is a list of the Top 20 Fastener Distributors in North America.
- Fastenal - $7.4 billion (revenue)
- Würth Industry North America - N/A
- McMaster-Carr - N/A
- MSC Industrial Supply - $4 billion
- The Hillman Group - $1.5 billion
- Boeing Distribution - N/A
- Optimas OE Solutions - $694 million
- AFC Industries - $645 million
- Endries International - $486 million
- Bossard (Americas) - $331 million
- Applied Industrial Technologies - $4.4 billion
- Distribution Solutions Group - $1.6 billion
- EFC International - N/A
- W.W. Grainger - $16.5 billion
- Copper State Bolt & Nut - N/A
- Motion Industries - $8.8 billion
- Field Fastener - N/A
- Incora - N/A
- Bisco Industries - $317 million
- Kimball Midwest - N/A
After two consecutive record-setting years, disinflation and lower volumes caused the U.S. wholesale distribution sector to finish with 2023 annual revenues of $7.887 trillion, down 1.8% after soaring 14.8% and 20.5% in 2022 and 2021, respectively.
“Far removed from direct impacts from the COVID-19 pandemic, 2023 may be remembered as the first ‘normal’ year since 2019 in terms of supply chain conditions and escalating inflation,” MDM stated. Web: mdm.com/top_distributors/
