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In The News:

Grainger Daily Sales Up 11% in February

MRO distributor Grainger (NYSE: GWW), Chicago, IL, No. 3 on MDM's list of the top 40 industrial distributors, daily sales for the month of February 2011 increased 11 percent versus February 2010. Results included a 1 percentage point positive contribution from acquisitions and a 1 percentage point contribution from foreign exchange.

Organic daily sales were up 9 percent, including 2 percent from price and 7 percent from volume.

Daily sales in the U.S. were up 8 percent. In Canada, daily sales increased 24 percent (16 percent in local currency). Other Businesses sales, which include sales from the acquired business in Colombia, increased 46 percent.

Grainger had 2010 sales of $7.2 billion.

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