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It’s the eighth deal of the year for the fluid power, hosing and industrial products distributor formerly known as SBP Holdings.
Spending was up 10.7% year-over-year, with nonresidential constuction up 20% from a year earlier.
Serving the southwest Washington and Portland markets, it joins 13 other Ferguson DCs in the U.S.
We detail just how much of a hefty sum the six-week strike will cost GM, Ford and Stellantis each in lost profit and revenues.
It’s one of two Timken Belts factories, and follows the closing of South Carolina bearings plant this year.
CD&R advisor and White Cap CEO John Stegeman becomes chairman of Veritiv upon the transaction closing.
The figures indicate that demand remains soft and production execution was slightly down compared to October.
Over the past decade, Scott McDaniel has held leadership roles at Optimus Solutions, Wurth Industry North America and Anixter.
Lee Supply's fabrication capabilities will expand Core & Main's ability to serve the high-density polyethylene pipe industry nationwide.
The service aims for delivery within two hours or less from the time of order placement from a local Parts in Town location.