Nick Falgiatano, who currently serves as a regional sales manager with Sandvik Coromant, will assume his new role Dec. 1.
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The metalworking and MRO supplies distributor's fiscal year ended Sept. 3, and its strong momentum bodes well for the greater industrial supplies market.
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.
