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Marietta, Georgia-based building products distributor BlueLinx reported a 24% decrease in sales revenue in the third quarter of 2023.
'Economic activity expanded at a strong pace in the third quarter,' the central bank said in a statement Nov. 1.
Viscan is a leading supplier of specialized screws, general fasteners and related components.
In its sixth deal of the year, Singer Industrial joined forces with North Carolina-based Viking Hose and Fittings.
The company reported net sales of $4.5 billion, a 21.3% decrease primarily driven by a weaker housing market and commodity deflation.
It followed two straight months of improvement, retracting further into contraction territory.
The planned cash transaction would be funded through available capacity in Greif’s existing credit facilities.
A court found that the company failed to pay affected workers overtime back wages since August 2018 and violated recordkeeping provisions.
The building materials distributor and manufacturer said that 91% of 3Q 2023 revenue came from distribution.
Two of North America's largest JanSan, foodservice and packaging supplies distributors are now one.
