The industrial parts distributor's profit margin grew 190 bps year-over-year despite sales growth that was less than half that of 1Q.
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Despite a sequential slowdown in organic sales growth, the bearings giant was able to accelerate its operating margin growth.
"This new chapter in Border States’ recruitment gives us tremendous access to great talent,” said Border States CEO David White.
The decline reflected a broad industrial deceleration, led by a contraction in consumer durable goods.
The program is designed to prevent hazards in warehouses, processing facilities distribution centers and high-risk retail establishments.
The enrollment success has been so robust that ISA has opened an additional certification course that is scheduled to start in mid-August.
Also known as AZ Partsmaster, the company reportedly had 2022 sales of approximately $155 million.
Kimball Midwest is No. 19 on Selling Power magazine’s 50 Best Companies to Sell For in 2023.
Held Oct. 18-20 in Orlando, the event provides tailored agendas across tracks of Women in Industry, Emerging Leaders and Channel Pros.
After combatting COVID-19, the ongoing record Canadian wildfire season seems to have pressed the urgency for NYC officials to propose bills that would create new air quality standards.
The bill would change the compliance deadline for regional HVAC standards from the date of installation to the date of manufacture.
The event took place at the Westin Harbour Castle in Toronto from June 19–22.
The company specializes in delivering high-quality hydraulic components, systems, and custom solutions tailored to customer needs.
The merger brings independent distributors with almost 100 locations across the U.S. and Canada to AD’s Pipe, Valves & Fittings Division.
The new report is titled 'Building Trust through Our Commitments,' White Cap said in its June 29 announcement.
MDM won't deploy an Update newsletter on Tuesday while we're off for the Fourth of July holiday. We'll be back in action Wednesday.
Over 600 participants joined the Independent Welding Distributors Cooperative's annual Sales & Purchasing Convention in Indianapolis June 18-20.
That total, which includes petroleum and related products, was down 22.1% year-over-year.
While U.S. cutting tool consumption fell after a spike, market indicators remain positive with growth expected, according to USCTI and AMT.
AD’s resources will support IEWC's efforts to expand while deepening its connections with other independent distributors.
