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In The News:

Grainger Organic Daily Sales Up 8% in January

MRO distributor Grainger (NYSE: GWW), Chicago, IL, No. 3 on MDM's list of the top 40 industrial distributors, reported daily sales for January 2011 were up 10 percent from January 2010. Results included a 1 percentage point positive contribution from acquisitions and a 1 percentage point contribution from foreign exchange.

Organic daily sales growth was 8 percent.

Daily sales in the U.S. were up 6 percent; in Canada sales were up 18 percent in local currency. Other Businesses sales, which includes international businesses and sales from the acquired business in Colombia, were up 39 percent.

Grainger had 2010 sales of $7.2 billion.

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