MSA Safety Begins New CFO Search
The company said it has accepted the resignation of current Chief Financial Officer Kenneth Krause, effective Aug. 26.
The company said it has accepted the resignation of current Chief Financial Officer Kenneth Krause, effective Aug. 26.
SBP had acquired two distributors since selling off Bishop Lifting Products early this year.
As evidenced by the latest round of quarterly earnings reports, some industrial distributors and manufacturers still see year-to-year growth.
France-based electrial supplies giant Rexel said 2022 first-half U.S. performance was sustained by growth in all three of its end markets, especially in industrial.
We all know the distribution sector is highly fragmented, but to what extent? A chat with McKinsey partners Alex Abdelnour and Kevin Sachs dives into the state of fragmentation within various markets and the factors that separate leading distributors from laggards.
It's the third acquisition for Winsupply announced this year, and comes alongside news that it will start drone deliveries on Aug. 9.
Core organic sales comprised half of the distributors' 24% sales growth year-over-year.
Downward pressure on nonresidential spending is likely to only intensify, and the situation looks even worse when adjusting for inflation.
Heating, Air-conditioning & Refrigeration Distributors International released its monthly TRENDS report reflecting the month of June.
Deco Truss is primarily a manufacturer and supplier of structural roof and floor trusses to customers in South Florida and the Caribbean.
DSG has acquired Brown Supply Company, adding four locations in the Hawkeye State.
It was the slowest expansion since June 2020 as prices took a major month-to-month decline while employment posted improvement.