The Winona, Minnesota-based distributor reported January 2022 sales of more than $540 million.
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The online retailer and e-commerce company reported 2021 4Q sales of $137.4 billion, while year-end sales topped $469 billion.
Year 2021 member sales were $58.5 billion, a 30% increase from 2020, with purchases by member companies from AD supplier partners up 39%.
The company’s 2021 fourth-quarter sales were up 14.2% over the same period a year prior, while adjusted operating earnings were $417 million.
The company set numerous personal bests, including full-year 2021 sales at a record $5.5 billion, a 22% increase over 2020.
The January PMI registered 57.6%, a decrease of 1.2 percentage points from the seasonally adjusted December reading of 58.8%.
The St. Louis-based electrical, communications and data networking distributor says Richard S. King has been named to the new role.
The supplier of commercial supplies, equipment, consumables and expertise to specialty contractors announced the acquisition this week.
The Philadelphia-based global hygiene and health company acquired a U.S.-based cleaning and wiping company and manufacturer.
With the deal, the food service and JanSan distributor’s annual revenues are now expected to exceed $1 billion.
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But nonresidential construction spending fell 0.7%, according to an Associated Builders and Contractors data analysis.
SBP Holdings completed the sale of Bishop Lifting Products, a group of value-added distributors of lifting products and specialty rental equipment.
Heating, Air-conditioning & Refrigeration Distributors International says average annual sales growth for the 12 months ending in December is 23.6%.
The home improvement retailer says Edward "Ted" Decker has been named CEO and president, effective March 1.
The distributor of heating, ventilation, air conditioning and refrigeration products announced earlier this month it had closed the purchase.
Owens & Minor agreed to acquire Apria for an equity value of about $1.45 billion, just one week after Motion Industries completed its $1.3-billion purchase of Kaman Distribution Group.
The company reported 2021 fourth-quarter net sales increased 15.3% over the same period in 2020.
The worldwide construction equipment manufacturer also reported 2021 fourth-quarter sales were up 23% over the same period a year prior.
The U.S. economy grew in the fourth quarter, but investment in nonresidential structures decreased at an annual rate of 11.4%.
