F.W. Webb Acquires Harbor Plumbing & Heating Supply
Acquisition gives plumbing distributor 16th location in Northeast region.
Acquisition gives plumbing distributor 16th location in Northeast region.
The acquisition aims to strengthen the company's construction business.
New pricing structure can help you remain profitable in absence of rebates.
A new production line will be added as part of the investment.
Distributor expands footprint in Texas and Canada.
The company reported a profit of $39.6 million for the quarter.
Year-to-date sales increased 3.7 percent year-over-year.
The distributor reported a profit of $5.7 million for the quarter.
Fourth-quarter sales increase 4.2 percent year-over-year.
Profit increases 17.7 percent year over year.
Profit increased 35.8 percent in fiscal first quarter.
Year-to-date sales down 10 percent compared to same period in 2016.
Year-to-date, sales increased 10.3 percent year-over-year.
Company reports loss of $3.4 million for the quarter.