HD Supply Sales Up 5.4% in 2Q
Sales for the first six months increased 4.4 percent year-over-year.
Sales for the first six months increased 4.4 percent year-over-year.
Top building materials & construction distributors also acquire growth.
The company will become part of Fortives field solutions platform.
Goods and services deficit up slightly year over year.
The new company, SureWerx USA Inc., will provide more efficient inventory management solutions.
Company selling business to Griffon Corp. for $260 million.
The merger makes BDS the largest independent distributor in the Pennsylvania.
Overall employment grew 156,000 in August, with unemployment steady at 4.4 percent.