Masonite 3Q Sales Rebound
The manufacturer and distributor of interior and exterior doors reported 2021 third-quarter net sales of $652M, an 11% jump over last year.
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2021
Olympic Steel Has Record 3Q
For the third quarter of 2021, national metals service center Olympic Steel, Inc. reported net income of $44.5 million.
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US Foods 3Q Sales Rise
US Foods Holding Corp. reported that 2021 third-quarter sales were $7.9 billion, a 34.9% increase over the same period in 2020.
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Manufacturing Tech Orders Up 9%
September orders totaled $590M, according to the Manufacturing Technology Orders Report by The Association For Manufacturing Technology.
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AIS Opens New Distribution Center
All Integrated Solutions, a division of MSC Industrial Supply Co. moved into a distribution center near Minneapolis and Saint Paul, Minnesota.
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Summit Opens Arizona Center
Summit Electric Supply opened another new Service Center, which features a full counter and a will-call desk for phone and online orders.
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Solve Adds New Management
Solve Industrial Motion Group, a Charlotte, N.C.-based bearings manufacturer, adds digital marketing and business development leaders.
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Graybar Names New Execs
Electrical, communications and data networking distributor says a dozen executives will assume new roles within the company starting in 2022.
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Goods and Services Deficit Rises in September
The goods and services deficit was $80.9 billion in Sept., up $8.1 billion from $72.8 billion in August, according to a new analysis.
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Fastenal October Sales Up
Winona, Minnesota-based Fastenal Co. reported October sales of more than $531 million, an 8.9% increase over the same month in 2020.
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Arrow Electronics Sales Increase
Electronic components distributor had 2021 third-quarter sales of more than $8.5 billion, an 18% increase over the same period in 2020.
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Builders FirstSource Sales Up 62.7%
For the third quarter of 2021, the building materials distributor reported net sales of $5.5 billion and net income of $613.1 million.
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WESCO Reports ‘Record’ 3Q
WESCO International Inc. had 2021 third-quarter sales of $4.7 billion, a 14.2% increase over the same span a year ago.
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Huttig Sales Increase 15.3%
Building materials distributor Huttig Building Products reported 2021 3Q sales of $245.3 million, 15.3% above the same period a year ago.
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Lessons From the Top: Leading Distributors Open Their Playbooks
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US LBM Expands Again
Illinois-based building materials distributor US LBM has opened a new roofing and siding location in Millsboro, Delaware.
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Global Industrial 3Q Sales Down
Third-quarter sales were $277.4 million and net income was $23.2 million, both down from 2020 3Q, but 9-month earnings are ahead of last year.
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SiteOne Sales Up 25%
SiteOne Landscape Supply Inc. reported 2021 3Q sales of $936.4 million, a 25% increase over the same period last year.
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Growth Firm Invests in Parts Town
Los Angeles-based firm Leonard Green & Partners, L.P. joins Berkshire Partners as investors in distributor of OEM foodservice equipment parts.
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Kennametal 1Q Sales Jump
Pittsburgh-based Kennametal Inc. had fiscal 2022 first-quarter sales of $484 million, a 21% increase over the same period the prior year.
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