The distributor says Steven Breeden has been named district vice president for the company’s Seattle District effective July 1.
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The industrial distributor reported 2022 first-quarter revenue of $439.5 million, up from $387.1 million in 1Q 2021.
The Pittsburgh, Pennsylvania-based company record first-quarter net sales of $4.9 billion, up 22% from 1Q 2021.
The Texas-based supplier also reported that 1Q 2022 net income was $30 million.
It comes a month after a merger between Lawson, TestEquity and Gexpro Services and a week after Lawson reported strong 1Q earnings.
The growing distributor says revenue increased 33% in 2021, and it expects to top that this year.
DXP Enterprises, Inc. says the deal adds scale and complements the company’s previous air compressor acquisitions.
The global packaging company has named Scott Beamer chief financial officer and Declan McCarthy president of TricorBraun Europe.
The company’s board of directors declared a regular quarterly cash dividend of $0.895 per share on common stock.
Pittsburgh-based Kennametal Inc. reported that fiscal 2022 third-quarter sales rose 6% year-over-year.
The manufacturer and distributor of interior and exterior doors reported 2022 first-quarter net sales of $726 million.
The company’s 2022 first-quarter results included ‘record’ sales of $288.6 million.
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The health care solutions company’s 2022 first-quarter announcement follows its $1.6 billion acquisition of Apria, Inc.
First-quarter 2022 sales were $1.46 billion, a 20% increase compared to the first quarter of 2021, the company says.
Jack Templin has been named CEO of Lawless Group, effective May 9, the Dallas-based vendor and manufacturer rep said.
The average annual sales growth for the 12 months through March 2022 is 25.3% percent, the distributor group said.
The company has completed its previously announced acquisition of Huttig, a distributor of millwork, building materials and wood products.
The Tulsa company finalized deals with JJ Industries of Connecticut, Inc. and its affiliate, Jet Tool & Cutter.
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