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Fourth quarter sales were $188.3 million, an increase of 5% from fourth quarter 2008. Profit was $941,000, compared to a loss of $59.1 million a year ago.
In the Distribution Segment, demand for tire and vehicle service remained slow during the quarter. Sales declined 3% in the fourth quarter and 13% for the full year compared to the same periods of 2008. Profitability increased 30% for the fourth quarter, primarily due to a favorable product mix of supplies and SG&A reductions. Profitability declined 22% for the year, weighted by the full impact of weak end market demand.
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| Title | Company | Location |
|---|---|---|
| Digital Strategy Manager | Border States Electric | Fargo North Dakota |
| Risk Manager | Border States Electric | Fargo ND |
| Purchasing Manager | PCA SKIN | Scottsdale, AZ |
| BUSINESS DEVELOPMENT MANAGER | Graybar Electric Company | Denver, CO |
| INDUSTRIAL OUTSIDE SALES REPRESENTATIVE | Graybar Electric Company | Phoenix, AZ |
| General Manager | Applied Industrial Technologies | Norfolk, VA |
| Rubber Specialist | Applied Industrial Technologies | Baltimore, MD |
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