Fourth quarter increases in consumer and government spending were partially offset by decrease in investment and imports.
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The company reported two of its three segments showing an increase in revenue, while the departure of Optimum impacted its Pharmaceuticals segment.
One former IMARK Electrical employee was appointed to the board, alongside one new appointment and two re-elections.
Expected to be completed this summer, the new facility will feature a warehouse, DC, office space and a showroom.
NY-based Coastal Supply Group and RJ Murray Company are distributors of HVAC inventory to customers in the northeast U.S.
Amid the hold, the central bank signaled continued U.S. economic progress on inflation.
Honolulu-based Maguire Bearing is an industrial distributor with a range of repair products, including bearings, couplings and more.
DNOW’s repurchase of its common stock doubles its previously announced program of $80 million in 2022.
Sales declined in the Americas and EMEA year-over-year, but Asia sales increased for the second consecutive quarter.
Applied’s total sales declined year-over-year, but acquisitions drove most of the increase while foreign currency translation negatively impacted sales.
Echelon promoted its former CFO and EVP with 13 years of experience to strengthen customer relationships.
Akona will be based in Charlotte, NC, providing customers with a broadened range of products, including dryers, screeners, mixers and more.
Air Filtration is a Southern California-based manufacturer and distributor of air filter products and accessories.
The monthly decrease was driven predominantly by transportation equipment, following an increase in November.
The survey showed U.S. consumer sentiment declined in January, following six-months of positive sentiment.
Beacon acknowledged the tender offer and recommended that shareholders take no action at this time.
Minnesota-based Tavoron specialized in electrical and air automation components, robotic systems and compressed air technologies.
The foundation's scholarship offers financial support to students and employees pursuing careers in the PT/MC industry.
The report showed that November was also down considerably year-over-year.
Amazon’s decision to close Quebec warehouses and facilities has drawn reactions from the Canadian government and unions.
