Sales for USG's building products distribution segment, L&W Supply Corp., rose 6 percent.
Day: October 18, 2012
FCX will continue its strategy of growth via acquisition in the flow controls distribution space.
Nine-month sales were 16.8 percent above the prior-year period.
Net sales were $1,656.2 million, an increase of 4.8 percent year-over-year.
Acquisition to expand WESCOs footprint in Canada and South America.
CEO: North American electrical utility demand increased while international and construction markets weakened.
Sales for the Distribution Segment fell 7.6 percent from prior-year levels.