The automation company reported $1.857 billion in sales for its fiscal 2022 first quarter, 18.7% above the same period a year prior.
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The Ohio-based distributor reported fiscal 2022 second-quarter net sales of $876.9 million and a net income of $57 million.
Real GDP increased at an annual rate of 6.9% in the fourth quarter of 2021, according to the Bureau of Economic Analysis.
The company’s 2022 fiscal second-quarter sales were $5.9 billion, up from $4.7 billion the year before and ‘exceeding guidance.’
The New Jersey-based full-line supplier has acquired State Industrial Supply Company, an industrial distributor headquartered in Seymour.
A smart mix of profitable products and agile procurement strengthens a distributor’s competitive position, Avnet’s Peggy Carrieres discusses in a new MDM podcast.
The construction supply company opened a branch in the city of Westbrook, the first in Maine and 16th branch overall.
The industrial automation and digital transformation company says Gina Ayala Claxton is its new president for the Americas Region.
Carol Yancey, executive vice president and chief financial officer, will retire at the end of May after 30 years at the company.
Patrick McCurdy III, who recently was executive vice president of sales and marketing, was promoted to his new role at the start of the year.
The distributor of interior building materials and construction supplies says Nick Popma has been promoted to the position.
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Kurt McMaken is the company’s new senior vice president of operations finance and finance transformation, Eaton says.
Tricia Thibodeaux has been named vice chair of the Construction Industry Institute for 2022, Fluor announced.
State officials signal approval as the multinational company says it will add 600 new jobs at its plant in Clinton, Tennessee, by 2025.
The Columbus-based industrial distributor and service provider has a new logo and a new name: OTC Industrial Technologies.
The Georgia-headquartered company says the move supports its desire for ‘corporate sustainability' in the copper industry.
Cebeo, an electrical distributor and member of the Sonepar Group, has acquired Belgian company Electro Meers.
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The Winona, Minnesota-based distributor topped $6 billion in net sales for the year, including more than $1.5 billion in 4Q 2021.
