Avnet Fiscal 3Q Sales Reach $6.5B
Growing demand for supply chain orchestration is ‘driving strong financial performance across our global business,’ CEO says.
Avnet Fiscal 3Q Sales Reach $6.5B Read More »
April 2022
Grainger 1Q Sales Up 18%, Earnings Rise Nearly 50%
The industrial distributor reported 2022 first-quarter sales of $3.6 billion and operating earnings of $534 million.
Grainger 1Q Sales Up 18%, Earnings Rise Nearly 50% Read More »
Why Private Investment is Driving So Much of Distribution M&A, Pt. 3
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Trade Deficit Jumps $19B in March
The Census Bureau says the international trade deficit was $125.3 billion in March, up from $106.3 billion in February.
Trade Deficit Jumps $19B in March Read More »
FleetPride Acquires Murray’s Diesel Repair
The truck parts and service distributor says it has acquired the assets of Murray’s Diesel Repair in Shreveport, Louisiana.
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Sonepar Helps Develop B2B Marketplace in France
The first electrical equipment distribution marketplace for professionals in France confirms Sonepar’s ‘omnichannel ambitions,’ it says.
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New South to Acquire American Contractors Supply
South Carolina-based New South Construction Supply, LLC says it signed a letter of intent to acquire American Contractors Supply.
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L&W Supply Acquires DWS
The Chicago-based distributor acquired the assets of DWS Building Supply with two locations in Texas and New Mexico.
L&W Supply Acquires DWS Read More »
Graybar 1Q Sales Up 25% to $2.4B
In what it called ‘record’ first-quarter results, Graybar reported a 116.5% increase in net income attributable to the company.
Graybar 1Q Sales Up 25% to $2.4B Read More »
AD Names New Electrical & Industrial President
The organization says Marisol Fernandez will be returning to the company as president of its Electrical and Industrial Business Unit.
AD Names New Electrical & Industrial President Read More »
Snap-On 1Q Sales Increase 7.1%
The Wisconsin-based manufacturer reported more than $1 billion in sales and a diluted EPS of $4.00 for the first three months of 2022.
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Motion’s Momentum Goes Far Beyond KDG Addition
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Watsco 1Q Sales Rise 34%
Miami-based HVACR distributor Watsco Inc. reported 34% sales growth to a record $1.52 billion for the first three months of 2022.
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TriMas Declares Quarterly Dividend
The engineered and applied products manufacturer this past week declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock.
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Pentair 1Q Sales Reach $1B
The water treatment and sustainability provider says its 2022 first-quarter sales were up 15% compared to the same period last year.
Pentair 1Q Sales Reach $1B Read More »
Descartes Acquires Foxtrot for $4M
The Canada-based logistics provider announced it has acquired the provider of machine learning-based mobile route execution solutions.
Descartes Acquires Foxtrot for $4M Read More »
AD Given ‘Top Workplace Award’ Again
It’s the fourth straight year the independent distributor organization has been recognized as a top workplace in the Delaware Valley.
AD Given ‘Top Workplace Award’ Again Read More »
Motion’s Sales, Profits Spike on KDG Acquisition
Months after subsidiary Motion acquired Kaman Distribution Group, Genuine Parts Company reported record sales of $5.3 billion during the first quarter of 2022.
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Avient to Acquire DSM for $1.485B
The provider of specialized material solutions said it has entered into an agreement with Royal DSM to purchase DSM Protective Materials.
Avient to Acquire DSM for $1.485B Read More »
Home Depot Promotes Execs
The home improvement company named Matt Carey EVP of customer experience and Fahim Siddiqui as EVP and chief information officer.
Home Depot Promotes Execs Read More »
