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Graybar Sales Up Slightly in Second Quarter

Graybar, St. Louis., MO, No. 6 on MDM's list of top electrical distributors, a distributor of electrical, communications and data networking products, and provider of related supply chain management and logistics services, reported a slight increase in sales and a 14 percent increase in profit for the second quarter of 2010 compared to the second quarter of 2009.

Profit for the first half of 2010 rose by 20 percent compared to the first half of 2009.

“Our second-quarter results show that business is gaining momentum,” said Robert A. Reynolds, Jr., CEO of Graybar.

Graybar has nearly 240 North American distribution facilities.

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