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Construction prices rose 2.3% in May compared to the previous month, and construction input prices are up 21.4% from a year ago.
Integrated Supply Network announced the promotion of Pete Peterson to president June 8; he joined ISN in 2020 as chief commercial officer.
The company reported gross margin of 30.3% and an operating profit of $712 million, which was a 36.9% increase over 2021’s fiscal 3Q.
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April 2022 orders of manufacturing technology totaled $513.4 million, the second month in a row surpassing half a billion dollars.
The manufacturer of safety labels, signs, tags and risk reduction services acquired the machine safety consulting and compliance practice.
WESCO International announced the upcoming retirement of Ted Dosch, executive vice president, strategy and chief transformation officer.
Radtke succeeds Wendy Whiteash, who has moved into the role of executive vice president of integration & strategic priorities, US LBM said.
The unit will be equipped with air movers, dehumidifiers, poly sheeting, safety gear, antimicrobials and other critical products.
The distributor of indirect industrial, metalworking, and safety supplies says it has joined independent distributor organization AD.