Residential sales for the quarter were challenged while non-residential sales in the U.S. rose 11%.
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More space will mean allow the company to stock a broader and more diverse inventory.
It follows a series of other F.W. Webb leadership appointments aimed at boosting customer experience, operations and capturing market share.
The new company, called American Water, will serve 4.7 million water and wastewater connections across 17 states.
The plumbing and HVAC distributor completed the debt offering on Sept. 22 with 4.35% notes due in 2031.
The plumbing, PVF and industrial supplies distributor posted its highest annual revenue ever, with solid organic growth complementing continued acquisitions during the fourth quarter that ended July 31.
Keith Young take on the role of President of Fortiline, the Waterworks division of Reese USA.
With offices in Dallas and Chicago, TCG will infuse 100+ independent distributor member-owners into AD across verticals of plumbing, PVF, HVAC, waterworks and irrigation.
Kansas-based MAV is a distributor of valves, fitting and related products used in the water and wastewater sector.
First Supply is relocating its Champlin, MN branch to St. Louis Park, with the new location set to open Sept. 2 and include a full-service showroom.
Ferguson's fiscal 2025 netted nine acquisitions in all, with combined revenues of approximately $300 million.
Based in New Jersey, SupplyHouse is a distributor of HVAC, plumbing and electrical products, offering products from brands such as Resideo and Honeywell.
The company consolidated its Rochester, NY operations into a new facility designed to streamline service and expand support for trade professionals.
The deal brings AI-powered software solutions and field-tested contractor tools to one of the country’s top distributors of plumbing, HVAC and industrial supplies.
To advance its digital strategy and boost innovation, Ferguson's new center will focus on software engineering, AI, ERP, analytics and more.
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The new CEO was most recently the president of Fortiline Waterworks.
mSupply opened a new Denver regional combining a Comfort Air branch and regional distribution center, boosting next-day delivery capabilities in the U.S.
Industrial Pipe & Supply is a PVF distributor, offering a range of products including coatings and tape, fasteners, gaskets and more.
Ferguson's February-April quarter was highlighted by accelerating sales growth, improved margins and a raised full-year guidance, driven by strong U.S. performance.