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In The News:

Breaking News in Wholesale Distribution

TimkenSteel’s Sales Down 2.6% in 1Q

Manufacturer reports a profit of $4.2 million for the quarter.
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Neenah Sales Down 10% in First Quarter

Technical products sales decreased 8.8% during the quarter.
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NAHAD Announces New Board

Sam Petillo named president.
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Systemax Sales Up 19.4% in 1Q

The company reported a profit of $9.7 million for the quarter.
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Jason Industries Sales Down 15.1% in 1Q

Organic sales declined 10%.
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Graybar’s Sales Up 8.6% in First Quarter

Profit grew 62.2% from the same period in 2018.
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Now Inc.’s First Quarter Sales Up 3%

Profit was $18 million for the quarter, compared with $2 million a year ago.
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ITT Acquires Rheinhütte Pumpen Group from Aliaxis Group S.A.

The acquisition provides the ITT’s Industrial Process segment with a complementary portfolio.
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Foundation Building Materials Acquires Select Acoustics Supply Inc.

The deal will build Foundation’s market presence in the downtown Toronto commercial market.
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