One staffing change is in conjunction with the planned spin-off of 3M's Health Care Business, which was announced July 2022.
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Granite Water Works is a distributor of waterworks and subsurface drainage supplies for contractors and municipalities in central Minnesota.
Companywide, Wajax said 2023 third quarter revenue was $369.13 million (USD), up 8.3% over the same period in 2022.
The company posted 3Q year-over-year sales growth of 5.4%, an impressive rebound from the 3.6% decline seen in 2Q.
The facility, which will open in 2024, spans 30,000-square-feet and offers 'a strategically positioned site,' DSG says.
The company's 3Q YoY sales growth of 8.2% was a considerable slowdown from 2Q’s 16.4%, but still considered strong.
Products manufactured at the campus are typically for original equipment manufacturers (OEM) customers, Avnet said.
This deal marks the seventh acquisition for the company in the past seven years, according to a news release.
The company announced six new branch locations during the month of October.
The proposal would increase the salary threshold for guaranteed overtime pay from its current $35,668 to $55,000.
The company’s sales were $888 million for the third quarter of 2023, which was 2% higher than the second quarter of 2023.
More than three-fourths of executives who responded to the 3Q 2023 Baird-MDM Industrial Survey said they expect either flat or modest growth in 2024.
Vizient is the largest provider-driven healthcare performance improvement company in the US.
The growth was below Fastenal’s benchmark 3.1% rate that the company provided in its 3Q earnings presentation.
Sonya Bynum has more than 29 years of experience in industrial and safety distribution.
The annual sales growth for the 12 months through September 2023 is 3.5%.
The company's 1.9% YoY growth in the third quarter was a significant slowdown from 2Q’s 10.2% growth.
Beacon has expanded its branch footprint through nine acquisitions and the opening of 19 new greenfield locations this year.
It's another big week for industrial manufacturer's financial reports. We recap the key figures for seven of them here.
On a constant currency basis, sales decreased 7.8% year-over-year and decreased 2.9% sequentially, Avnet said in a news release.
