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Year-over-year daily sales growth doubled that of October, but the company's November-December sales figures are known to be volatile.
Ken Sweder, CEO of the now-combined JanSan, foodservice and packaging supplies distributor, stops by to discuss the strategy behind the merger, the path ahead and the outlook for the company's product markets.
Get a recap of which companies and individuals were honored at the buying group's AD North American Electrical Meeting in mid-October.
It gains the distributor two locations and 44 employees.
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Ryerson adds Cerritos, California-based Hudson Tool Steel Corp.
Modest year-over-year increases in the previous quarter moved to declines in the company's 2024 first quarter, including a 4.9% organic revenue decline year-over-year.
It’s already the third deal since BradyIFS and Envoy Solutions completed their landmark merger at the end of October.
It adds five locations across Texas, Oklahoma and New Mexico.
The combined fluid conveyance and sealing solutions distributor now comprises 30 locations across 13 states.
Nearly 1,000 attendees across AD's three electrical divisions convened in Grapevine, Texas over Oct. 18-20 for three days of collaboration.
It’s the eighth deal of the year for the fluid power, hosing and industrial products distributor formerly known as SBP Holdings.
Spending was up 10.7% year-over-year, with nonresidential constuction up 20% from a year earlier.
Serving the southwest Washington and Portland markets, it joins 13 other Ferguson DCs in the U.S.
It’s one of two Timken Belts factories, and follows the closing of South Carolina bearings plant this year.
CD&R advisor and White Cap CEO John Stegeman becomes chairman of Veritiv upon the transaction closing.
The figures indicate that demand remains soft and production execution was slightly down compared to October.
Over the past decade, Scott McDaniel has held leadership roles at Optimus Solutions, Wurth Industry North America and Anixter.
The service aims for delivery within two hours or less from the time of order placement from a local Parts in Town location.