Crawford Hires Industrial Sales and Business Development Leader
Richard Landry named to key sales position at Sonepar-owned electrical distributor.
Richard Landry named to key sales position at Sonepar-owned electrical distributor.
For the second time in two weeks, the building materials and construction sector saw major consolidation with Builders FirstSource Inc.’s Thursday announcement that it would acquire BMC Stock Holdings Inc. in a $2.5 billion, all-stock merger. Here’s what we know about the deal so far.
Packaging products supplier TricorBraun has agreed to acquire Price Container and Packaging, a rigid packaging distributor serving primarily the industrial and food markets.
HARDI members also report Days Sales Outstanding (DSO) — a measure of how quickly customers pay their bills — hit a record low of 39 days during the month.
The decrease in real GDP reflected decreases in PCE, exports, nonresidential fixed investment, private inventory investment, residential fixed investment, and state and local government spending that were partly offset by an increase in federal government spending.
David Kinsella becomes president of Electrical–U.S. Division and Electrical-U.S. Supplier VP John Kudlacek plans to retire.
Kaman Distribution Group taps former AD, Applied and Rexnord executive Robert Boyle as its VP of supply chain.
Combined company will account for more than $11 billion in annual sales with expectations of annual cost synergies of $130 million to $150 million by the third year.