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Steve Short will lead US LBM’s building materials sourcing and procurement strategy and supply chain operations, the company said.
In the latest earnings reporting period for publicly-traded companies, these distributors and manufacturers reported strong sales figures.
It's part of the toolmaker's plan to save $1.5 billion in three-year cost savings while shifting resources and reprioritizing investments.
The acquisition will allow Envoy Solutions to continue to grow in the Southeast U.S. region, the company said.
The company plans to make its first-ever drone delivery on Aug. 9, on a three-mile flight from one facility to another.
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The company says the facility, located in Cincinnati, Ohio, will increase the company’s capacity by about 200%.
The U.S. Census Bureau announced data for international trade, wholesale inventories and retail inventories advance for June 2022.
For the second quarter of 2022, Genuine Parts Company reported record sales of $5.6 billion, a 17% increase over the same period a year ago.
Milton’s sixth acquisition in the past 30 months is a designer and manufacturer of the LTI Tools brand, according to the announcement.
