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For 3Q 2023, sales in North America were $2.21 billion, an increase of 2.7%, while sales in Europe were $2.38 billion, an increase of 3.4%.
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.
