February 23, 2006 - Modern Distribution Management

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February 23, 2006

Industrial Distribution Group: 2% Sales Growth in 2005

Industrial Distribution Group Inc., Atlanta, GA, reported a 2% sales increase to $538.8 million in 2005 from $529.2 million the year before. For the year, profit was $5.4 million, compared with $7.3 million the year before, a 26% drop.‘The 2005 results clearly did not meet our expectations,’ said President and CEO Charles A. Lingenfelter. ‘Improving […]

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