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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.
The new facility in Allentown, Pennsylvania, spans 30,269 square feet to support increased inventory and space for new services.
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Sandvik also reported second-quarter 2022 revenue of $2.6 billion, with a growth rate of 25% year-over-year.
The Producer Price Index for final demand increased 1.1% in June compared to the prior month, the Bureau of Labor Statistics reported.
The company said it adds new branches 'where it can best support customers and businesses in their local communities.'
