Sysco Closes Acquisition of Coastal Companies
The company completed its acquisition of the Maryland-based fresh produce distributor in a deal that previously was announced in December.
Sysco Closes Acquisition of Coastal Companies Read More »
February 2022
MRC Global Chairman to Retire
Rhys J. Best will retire upon completion of his term as a director at the annual meeting of the company’s stockholders in May, the company said.
MRC Global Chairman to Retire Read More »
AMETEK Increases Dividend, Announces Changes
The company’s board approved a 10% increase in its quarterly cash dividend, while multiple leadership changes were also announced.
AMETEK Increases Dividend, Announces Changes Read More »
BLS: Inflation Reaches 40-Year High
Over the past year, the Consumer Price Index for All Urban Consumers increased 7.5% before seasonal adjustment, the highest since 1982.
BLS: Inflation Reaches 40-Year High Read More »
JGB Enterprises Adds 2 Execs
The company added VP of Industrial Sales Benjamin Judd and VP of Government Services Michael Hawn to its senior leadership team.
JGB Enterprises Adds 2 Execs Read More »
RBC 3Q Sales Jump 83%
RBC Bearings Inc. reported fiscal 2022 third-quarter net sales of $267 million, while organic net sales were up 7.6% over last year.
RBC 3Q Sales Jump 83% Read More »
NAHB: Soaring Costs Lower Housing Affordability
Just 54% of new and existing homes sold between October and December were affordable to families earning the U.S. median income.
NAHB: Soaring Costs Lower Housing Affordability Read More »
Descartes Acquires NetCHB
SaaS provider Descartes Systems Group announced it acquired NetCHB, a U.S. provider of customs filing solutions.
Descartes Acquires NetCHB Read More »
M&A Stays Hot in Automation/Electrical Distribution
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Sysco Fiscal 2Q Sales Up 41%
The foodservice distributor reported fiscal 2022 second-quarter sales of $16.3 billion.
Sysco Fiscal 2Q Sales Up 41% Read More »
FDI ‘Slightly Softer’ in January
The adjusted Fastener Distributor Index was 52.7, although modest improvement was seen in most metrics, according to the latest analysis.
FDI ‘Slightly Softer’ in January Read More »
Goods and Services Deficit Rises in December
The deficit was $80.7 billion in December, up $1.4 billion from a revised $79.3 billion in November.
Goods and Services Deficit Rises in December Read More »
Fluor Executive Chairman to Retire
The company says Alan Boeckmann will not stand for re-election at the annual shareholders meeting this May.
Fluor Executive Chairman to Retire Read More »
Kennametal Fiscal 2Q Sales Rise
Pittsburgh-based Kennametal Inc. says its fiscal 2022 second-quarter sales of $487 million were 10% above the same period last year.
Kennametal Fiscal 2Q Sales Rise Read More »
Beacon Yearly Sales Up 12.2%
2021 fourth-quarter sales increased 11.3% compared to the prior year, while net income from continuing operations was $68.1 million.
Beacon Yearly Sales Up 12.2% Read More »
Amidst Gangbusters Job Market, Employers Must Do More to Attract, Retain Talent
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Amidst Gangbusters Job Market, Employers Must Do More to Attract, Retain Talent Read More »
Eaton Reports Quarterly, Annual Gains
The company reported 2021 fourth-quarter sales of $4.8 billion, up 2% from the same quarter in 2020.
Eaton Reports Quarterly, Annual Gains Read More »
Arrow 4Q, Yearly Sales Increase
The electronic components distributor reported 2021 4Q sales of $9.02 billion and year-end sales of $34.48 billion.
Arrow 4Q, Yearly Sales Increase Read More »
Fastenal January Sales Up 20.7%
The Winona, Minnesota-based distributor reported January 2022 sales of more than $540 million.
Fastenal January Sales Up 20.7% Read More »
Amazon Yearly Sales Jump 22%
The online retailer and e-commerce company reported 2021 4Q sales of $137.4 billion, while year-end sales topped $469 billion.
Amazon Yearly Sales Jump 22% Read More »
