The 2020 Mid-Year Economic Update_long

Day: September 27, 2006

Facility Solutions Group to Buy OK Electric Supply

Facility Solutions Group, a national energy-service company (ESCO), will acquire O.K. Electric Supply Co., Perth Amboy, NJ, a full-line electrical distributor focused on the energy retrofit market on the East Coast. Through its Energy Solutions division, a fully functioning ESCO, the 87-year-old O.K. Electric Supply serves industrial and commercial customers in the New York and New …

Facility Solutions Group to Buy OK Electric Supply Read More »

Worthington Industries Sales Grow 12% in 1Q 2007

Steel service center Worthington Industries, Inc., Columbus, OH, saw sales growth of 12% for the first quarter ended Aug. 31, 2006, with sales of $778.7 million. First quarter 2007 net earnings were $43.2 million, up 52% from the same period last year.OutlookDemand in two of Worthington id=bwanpa5>’s key end markets, commercial construction (especially office buildings) …

Worthington Industries Sales Grow 12% in 1Q 2007 Read More »

Home Rubber Co. Acquires Ivanhoe Rubber Co.

The Home Rubber Company, Trenton, NJ, has acquired Ivanhoe Rubber Company, Tullytown, PA, whose customer base is focused on rubber molders and OEM accounts throughout the country. “Our partnership with Home Rubber makes sense on every level,” says Ivanhoe chief Richard Dobuski. “I’ve concentrated on high-end, highly technical and mill spec compounds for the past 15 …

Home Rubber Co. Acquires Ivanhoe Rubber Co. Read More »

Rexel Acquires Two North American Distributors

Global electrical distributor The Rexel Group, Paris, France, has acquired two more distributors in North America. The announcement follows the recent acquisition of GE Supply, GE’s electrical distribution business, which essentially doubled Rexel’s sales in the U.S. Rexel acquired DH Supply, a U.S. distributor of electrical and telecommunications products based in Doraville, GA. With this acquisition, …

Rexel Acquires Two North American Distributors Read More »