Ohio Transmission Corporation, an industrial equipment service distributor, acquired Diversified Pump, TP Pump and Critical Rental Solutions.
Latest In Graybar
The electrical, communications and data networking distributor has named Paul Hansen district vice president for its Seattle District.
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November continued an upward trend in mergers and acquisitions seen during the prior month, as well as during this year’s third quarter.
Electrical, communications and data networking distributor says a dozen executives will assume new roles within the company starting in 2022.
Electrical, communications and data networking distributor announces acquisition of St. Louis-based Metro Electric Supply and Metro Lighting.
Electrical, communications and data networking distributor completes deal to acquire Bay Area-based Steven Engineering.
The company’s net sales for the third quarter of 2021 totaled $2.31 billion, a 23.2% increase compared to the same period in 2020.
With five locations in Canada, Electro-mag offers services and solutions in pneumatic, safety, sensing and automation product distribution.
The electrical, communications and data networking products distributor also posted a 115.9% increase in profit to $80.1 million.
The Graybar CEO says distributors shouldn’t promote diversity, equity and inclusion just because it’s the right thing to do — though it is! — but because it helps grow the bottom line.
The company also saw net income grow 120.6% compared to 2020; both revenue and profit were records for the electrical distributor.
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The company also saw net income dip 15.7% compared to 2019, due primarily to a non-cash pension settlement charge.
Electrical distributor promotes Andrew C. Ipson to key sales leadership role.
Electrical distributor says the addition of Shingle & Gibb will strengthen its position in industrial automation and control.
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.
