Water management sales drove the increase.
Parker will have two reporting segments, diversified industrial and aerospace systems, starting in 2014.
For the first six months, sales increased 14 percent from 2012 levels.
Affiliates hired 2,973 new employees in the last three months.
But growth may hinge on exports, business investment and U.S. performance.
Creating an effective inside sales plan doesn't have to break the bank.
Acquisition strengthens gearless mill drive system business.
Stock expects the price to be between $16 and $18 per share.
The HD Supply business adds a new location and expands a facility.
Distribution & transmission sales were up 66 percent.
The increase was primarily driven by strong crane segment sales.
The company completed the sale of its specialty paper business during the quarter.
Year-over-year gains spread to more parts of the country.
Distributor adds satellite location in Nashville, TN.
UtiliCor is a sales and service company for electrical and communications products
Grainger's previous CIO is now Senior Vice President for Innovation and Continuous Improvement.
Gerry Fay succeeds Harley Feldberg.