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December 2022 cutting tool consumption totaled $188.4 million, according to the U.S. Cutting Tool Institute and The Association For Manufacturing Technology.
The 40,000-square-foot facility is designed to deliver energy-efficient solutions to the region’s 'thriving' technology sector.
For all of 2022, the company reported $2.13 billion in revenue, according to NOW Inc.'s 4Q 2022 earnings announcement.
Watsco's impressive fourth quarter followed a record-breaking third quarter.
The company will distribute safety products and services to all industry segments, according to President Don Chargin.
SiteOne finished 2022 with a strong fourth quarter.
Mark Lippert succeeds his cousin, David R. Lippert, who retired in December, the company said in its announcement.
Rebecca Obregon-Jimenez will fill the newly created role at Avnet.
Over the past 12 months, the all-items index increased 6.4% before seasonal adjustment, according to the Bureau of Labor Statistics.
Mike Smith, SVP Business Relationship Management and Data Insights, and Scott Schuenke, VP of Strategic Development and Integration Management, will retire.