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Travis Hendren will be responsible for all field operations supporting the company’s distribution yards, GMS Inc. said.
The transaction was initially announced on Dec. 8, 2021, and Security generated approximately $1.6 billion in revenue that year.
The manufacturer reported second-quarter 2022 sales of $1.136 billion, an increase of $55.2 million over the same period last year.
The industrial technology manufacturing company financed the transaction through a combination of available cash and debt.
OTC Industrial Technologies has partnered with Quincy Compressors, a manufacturer of reciprocating and rotary screw air compressors.
The Louisiana company reported ‘record’ second-quarter sales for 2022, up 15% from last year to $2.1 billion.
The companies hope combined activities and product portfolios will help create a well-balanced entity and more growth in existing regions.
The acquisitions, Wholesale Sheet Metal and Pile Protections Tops, will expand Munch's geographic footprint to 71 locations.
The Power Transmission Distributors Association will convene for its 2022 Industry Summit in Nashville Oct. 27-29.
Peter DelGado, senior director of sales and customer service, was promoted to vice president of the board of directors for the International Association of Plastics Distribution.
