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A modest January same-day sales decline follows a larger decline in December, though HARDI said the soft past couple months isn't out of the ordinary for seasonality.
It's a new annual high-water mark for the company that was formed in early 2022 through the merger of Lawson Products, Gexpro Services and TestEquity.
Fastenal reported a strong February that saw the company's best daily sales growth since October 2022 despite a downstep for its top national accounts.
Family-owned since 1957, Shaw Supply brings more than 30 employees to Echo Electric.
As Chief Commercial Officer Ryan Esposito will oversee commercial strategy across Global Sales and Category Management.
The facility features an expanded footprint and improved layout to enable greater throughput.
Formerly known as the Vinyl Siding Institute, the group is expanding its membership to include distributors to foster “boots-on-the-ground” partnership with manufacturers and other industry stakeholders.
The decline was driven by lower sales in Central Canada and followed a flat 4Q for that business segment, while Wajax's annual revenue saw a modest increase.
The company believes the aquisition will strengthen its presence in the American portable compressor market and extend its reach in oil and gas applications.
The deal gives ASA six companies in its family of safety distributors.
