News
Latest
Breaking news in Wholesale Distribution
CRI and OHT are both manufacturers of heavy-duty heat exchangers, radiators and related air, oil and hydraulic coolers.
The home improvement company said its year-over-year second-quarter sales increased 6.5%, or $2.7 billion.
June's total ticked up 0.3% from May and was up 2.2% year-over-year.
The Dublin, Ohio-based company also reported fiscal 2022 fourth-quarter revenue of $47.1 billion, an 11% annual increase.
LDR Growth Partners says it has acquired Cincinnati Radiator Inc. and Ohio Heat Transfer Ltd.
The Phoenix-based global technology solutions provider also reported fiscal 2022 4Q sales of $6.4 billion.
The company recently celebrated the opening of its 105th new store in 2022 amid continued distribution network expansion.
The 95,000-square-foot facility will manufacture new, innovative hand tools, according to a news release from the company.
The Cleveland, Ohio-based company also says that full-year sales reached $3.8 billion, up 17.8% over last year.
The bearings maker has new leaders for its Industrial Motion and Engineered Bearings units, while its HR leader is now an executive officer.