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OmniCable promoted a company veteran with 14 years of experience to strengthen purchasing strategies and supplier relationships.
We're off Monday in observance of Columbus Day and Indigenous Peoples' Day in the U.S., so Update will be back in action Tuesday.
They'll be the 10th and 11th deals in 2024 for the infrastructure and industrial supplies distributor.
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Monthly, September's modest increase matched that of August and July.
The company aims to strengthen supplier partnerships and growth in the packaging sector with two promotions.
The company refinanced its debt with a Senior Secured Term Loan B, securing $105 million to support future growth initiatives.
Sonepar's leaders will now have broader responsibilities spanning both North and South America to better integrate key functions.
August inventories increased year-over-year, while remaining unchanged from July.
Insulation Supplies provides waterproofing, garage doors and shower doors to residential and commercial end-markets.