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The company said it saw benefits of carryover pricing impacts from 1Q, alongside continued strong underlying demand from industrial and construction customers.
Jaime Ramirez steps down as EVP and president in tools & storage, while Robert Raff leads tools as acting EVP and president.
The materials provider for solar, battery, biofuels, energy and agriculture sectors announced the appointment of Sajindra Jayasena.
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Corporate Controller Kenneth A. Jacobson will succeed Thomas Liguori as CFO effective September 6, the company announced.
May orders were down 14% from April 2022 but nearly equal to May 2021 orders with a modest 1% decline.
The Buffalo Grove, Illinois-based distributor will acquire the building products supplier serving Southwest customers.
The deficit was $85.5 billion in May, down $1.1 billion from $86.7 billion in April, the Census Bureau and Bureau of Economic Analysis said.
The distributor also said annual revenue is now targeted at $3.3 billion, up from the previous guidance of $3.1 billion.
The workshop solutions provider WD-40 Company announced that it will appoint Sara Hyzer as its new chief financial officer.
