The company says the facility will optimize supply chain operations, enhance customer service and provide capacity for continued growth.
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ADI Global's parent company Resideo says it expects market conditions to limit sales expansion opportunities in the back half of 2023
Resideo's Louisville facility houses employees in its ADI Global Distribution and Products & Solutions businesses.
Parent company Resideo Technologies noted that ADI's eCommerce channel grew 17% during the quarter.
BTX is the sixth acquisition since 2020 for Resideo's Distribution business.
Distribution Solutions Group had its inaugural earnings report following the April 1 merger of Lawson Products, TestEquity and Gexpro Services.
Just miles from its previous headquarters, the new center will ‘foster innovation and encourage a collaborative work environment,’ ADI says.
The wholesale distributor says it will unify its Pro AV products distribution offering under the ADI Global Distribution brand.
The global provider of security solutions and security and audio-visual products announced it has acquired the California-based company.
Resideo’s net income for the second quarter was $58 million compared to a net loss of $76 million in the second quarter a year ago.
