The Dublin, Ohio-based company also reported fiscal 2022 fourth-quarter revenue of $47.1 billion, an 11% annual increase.
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LDR Growth Partners says it has acquired Cincinnati Radiator Inc. and Ohio Heat Transfer Ltd.
The Phoenix-based global technology solutions provider also reported fiscal 2022 4Q sales of $6.4 billion.
The company recently celebrated the opening of its 105th new store in 2022 amid continued distribution network expansion.
The 95,000-square-foot facility will manufacture new, innovative hand tools, according to a news release from the company.
The industry understands the benefits that industrial vending presents, but what about picking a vendor for it? Here's how to evaluate.
The Cleveland, Ohio-based company also says that full-year sales reached $3.8 billion, up 17.8% over last year.
Distribution Solutions Group had its inaugural earnings report following the April 1 merger of Lawson Products, TestEquity and Gexpro Services.
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Major distributors and manufacturers continue to raise their full-year outlook after better-than-expected 2Q results and persistent demand.
The company said it has accepted the resignation of current Chief Financial Officer Kenneth Krause, effective Aug. 26.
As evidenced by the latest round of quarterly earnings reports, some industrial distributors and manufacturers still see year-to-year growth.
Deco Truss is primarily a manufacturer and supplier of structural roof and floor trusses to customers in South Florida and the Caribbean.
The distributor of specialty fasteners said it has finalized its purchase of Star Stainless Screw Company.
The MRO parts distributor said Lisa Solomon has been promoted to senior vice president of corporate accounts.
Following a period that reenergized the pace of M&A activity, deals involving packaging companies and international entities kept a brisk pace.
Sales outpaced that of 1Q at the industrial distribution giant, despite slowing throughout the quarter.
The online retail giant, which doesn’t break out Amazon Business sales in quarterly earnings reports, said overall net loss was $2 billion in 2Q.
The London-based water treatment and sustainability provider finalized a deal to acquire Manitowoc Ice from Welbilt, Inc.
The opening comes as Southwire expands its business following the acquisition of Topaz Lighting Corp. in December 2021.
