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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.
Valley said the acquisition will provide the company with a 30% revenue growth and expand its reaches in the U.S.
The retail giant will charge extra fees to some of its suppliers to transport goods to its warehouses and stores, according to reports.
The deal will enable Continental to strengthen its Conveying Solutions business in the agricultural industry, the company said.
The merger has created a new division called AD Canada and brings 26 independent Canadian distributors with 46 locations into the AD family.Â
