The deficit was $80.2 billion in November, up $13 billion from a revised $67.2 billion in October, according to the latest report.
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Heating, Air-conditioning & Refrigeration Distributors International says the average annual sales growth through November is 23.3%
The building materials distributor completed its acquisition of the largest independent building materials supplier in New England.
The Industrial Supply Association’s board of directors unanimously promoted the executive vice president, effective immediately.
International multichannel distributor Rexel USA says it has closed on its acquisition of Winkle Electric Company.
Lockport, New York-based NetPlus Alliance says Sebastian Habermehl has joined the company as marketing manager.
Economic activity in the manufacturing sector grew in December, though the PMI dropped 2.4 points from November.
The wholly owned subsidiary of SBP Holdings acquired the provider of heavy-duty conveyor belt accessories and field services.
GPC last month agreed to acquire Kaman Distribution Group under GPC’s wholly-owned subsidiary, Motion Industries, Inc.
The distributor and fabricator of lightweight conveyor system components acquired Accurate, whose owners will stay on board.
The packaging supplier say it has reached a deal to acquire Romanow Container, a privately held manufacturer of corrugated products.
November 2021 construction spending was estimated at $1,625.9 billion, a 0.4% increase over the revised October estimate.
The global tech solutions provider has named Dayna Badhorn its regional president for Americas electronics components effective immediately.
The MRO distributor recently said it reached merger agreements to combine the two LKCM Headwater companies in an all-stock deal.
Ohio Transmission Corporation, an industrial equipment service distributor, acquired Diversified Pump, TP Pump and Critical Rental Solutions.
Crawford Electric Supply, a Sonepar company, announced it is opening a new 12,000-square-foot location in Texas.
The international trade deficit was $97.8 billion in November, while exports were down $3.3 billion, according to a Census Bureau report.
The distributor of roofing, siding and other select exterior building products acquired the assets of Siding Sales Inc.
The Illinois company says it acquired Hamilton, Ohio-based Valley Janitor Supply Company, the seventh acquisition over the past few months.
The Florida-based company says the deal will further strengthen its capability and capacity in for carbide round tooling in the Midwest.
