The metalworking and MRO supplies distributor's fiscal year ended Sept. 3, and its strong momentum bodes well for the greater industrial supplies market.
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Adding Tennessee Metal Fabricating Corp. supports Victualic's growth in the infrastructure market and increases its capacity for large-diameter piping.
Year-to-date dollar volume ended July running about 15% lower than 2019.
It may signal a return to typical demand patterns after two years of solid gains driven by foreign investment.
