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The company gains 21 new locations across the Front Range of Colorado, western Colorado and northern New Mexico with the acquisition.
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The new facility will serve as one of five distribution centers across the country, with operations expected to begin in summer 2025.
The monthly decrease more than offset the increase seen in October, driven by a decline in transportation equipment.
The company expands its Home division team to drive growth, enhance operational efficiency and implement advanced technologies.
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The latest PMA business report shows that metalforming manufacturers remain upbeat toward growth coming into 2025.
NorthEast Electrical is a Sonepar company that completed the acquisition of Rockingham Electric in October 2022.
The company allegedly sold thousands of the devices that disable vehicle emission controls.
GDP accelerated from 2Q, showing increases in consumer spending, exports, federal government spending and nonresidential fixed investment.