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In The News:

Breaking News in Wholesale Distribution

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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BMC Stock Sales Up 1.1% in First Quarter

Profit was up 32.7% from the same quarter a year ago.
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Allied Motion Sales up 22.6% in 1Q

Profit increased to $4.5 million.
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Manufacturing Sector Grew in April

At 52.8, the PMI decreased 2.5% from March.
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AD Member Sales Up 7% in 1Q

Purchases from AD suppliers grew by 8% in Q1.
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Kaman Distribution Sales Down 1.3% in 1Q

Sales for Kaman's distribution segment were up 2.5% over the prior-year period.
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