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Breaking news in Wholesale Distribution
June 22 marked the 2-year anniversary of Wesco's landmark acquisition of Anixter International, which continues to drive major sales gains.
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The OEM foodservice equipment parts distributor said its Parts in Town marketplace has now scaled to nearly 10,000 orders per month.
A 3-alarm fire late Monday night destroyed the Commerce City, California, warehouse of Western Hose & Gasket, a WestFlex company.
The acqusitions help position Graybar as a leading automation and control distributor alongside its core electrical products offering.
The metalworking and MRO supplies distributor is suddenly on an acquisition streak.
Sandvik's recently-added GWS Tool Group has acquired Balax, Inc. as an addition to the conglomerate's Walter division.
The company said it has accepted the resignation of current Chief Financial Officer Kenneth Krause, effective Aug. 26.
SBP had acquired two distributors since selling off Bishop Lifting Products early this year.
As evidenced by the latest round of quarterly earnings reports, some industrial distributors and manufacturers still see year-to-year growth.
