The Phoenix-based global technology solutions provider also reported fiscal 2022 4Q sales of $6.4 billion.
Posts By Mark Powell
The Cleveland, Ohio-based company also says that full-year sales reached $3.8 billion, up 17.8% over last year.
The company said it has accepted the resignation of current Chief Financial Officer Kenneth Krause, effective Aug. 26.
Heating, Air-conditioning & Refrigeration Distributors International released its monthly TRENDS report reflecting the month of June.
Deco Truss is primarily a manufacturer and supplier of structural roof and floor trusses to customers in South Florida and the Caribbean.
The independent distributor organization says total member sales in the first six months of 2022 were $36.1 billion.
The MRO parts distributor said Lisa Solomon has been promoted to senior vice president of corporate accounts.
Following a period that reenergized the pace of M&A activity, deals involving packaging companies and international entities kept a brisk pace.
The online retail giant, which doesn’t break out Amazon Business sales in quarterly earnings reports, said overall net loss was $2 billion in 2Q.
The London-based water treatment and sustainability provider finalized a deal to acquire Manitowoc Ice from Welbilt, Inc.
Ahead of a potential economic slowdown, we asked distributors whether they plan on adjusting inventory for the second half of 2022 and into 2023.
For the second quarter of 2022, Genuine Parts Company reported record sales of $5.6 billion, a 17% increase over the same period a year ago.
The manufacturer reported second-quarter 2022 sales of $1.136 billion, an increase of $55.2 million over the same period last year.
The industrial technology manufacturing company financed the transaction through a combination of available cash and debt.
The Louisiana company reported ‘record’ second-quarter sales for 2022, up 15% from last year to $2.1 billion.
We share new comments from distributors regarding whether they plan to require employees to fully return to in-person work in the next year.
The Power Transmission Distributors Association will convene for its 2022 Industry Summit in Nashville Oct. 27-29.
Peter DelGado, senior director of sales and customer service, was promoted to vice president of the board of directors for the International Association of Plastics Distribution.
The Producer Price Index for final demand increased 1.1% in June compared to the prior month, the Bureau of Labor Statistics reported.
The distributor has acquired Cornerstone Supply in Florida and two Intermountain Machining Supply locations in Idaho and Montana.
