Latest In Graybar
Sales for the first nine months increased 5.2 percent year-over-year.
Sonepar, Graybar, Border States Electric make acquisitions during month.
Acquisition expands company's reach in Central U.S.
Mazzarella was first named to the board in 2015.
Sales growth driven by increases to construction market.
New location will serve northeast North Dakota and northwest Minnesota.
South Bend, IN, and Tampa, FL, branches have moved to larger facilities.
New location adds 34,000 square feet of space over old facility.
Profit for the electrical distributor decreased 13.6 percent to $25.1 million.
New location will act as a sub-branch to support Graybar Dallas.
New facility, still located in Raleigh, NC, is 20,000 square feet larger.
New location serves McKenzie County and the Bakken oil fields in North Dakota.
New location offers local deliveries, will-call and a sales counter.
Profit for the electrical distributor jumps 10.1 percent to $12.4 million.