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U.S. cutting tool consumption totaled $219.2M, according to the U.S. Cutting Tool Institute and Association For Manufacturing Technology.
Net sales for 2023's third quarter were nearly $1.16 billion, an increase of $56.8 million, or 5.2%, from 2022 levels.
For 3Q 2023, the company also reported a 9% increase in operating income to a record $257 million.
The agreement will focus on promoting the expansion of BBI’s stainless steel lines, according to a news release.
Sales for Genuine Parts Company's industrial segment were $2.2 billion, up 0.6% from the same period in 2022.
Sunrise Electric Supply joins Sonepar with over 80 associates, according to a news release announcing the deal.
Dan Vermillion will be responsible for developing and implementing strategies aimed at optimizing the operational performance.
Violations included employing one child to operate a forklift — a hazardous occupation for workers under 18 — and tasking another child to pick orders in the warehouse.
White Cap's 20,000-square-foot indoor building space is in addition to 1.5 acres of industrial outdoor storage space.
The group hosted 650 distributor and supplier attendees from nearly 310 companies at its 10th Annual Meeting in Denver.
