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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.
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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.