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Growing demand for supply chain orchestration is ‘driving strong financial performance across our global business,’ CEO says.
The industrial distributor reported 2022 first-quarter sales of $3.6 billion and operating earnings of $534 million.
The distributor of industrial motion, fluid power, flow control, automation and maintenance supplies had sales that neared $1 billion in the quarter and said April's growth was on a similar trajectory.
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The Census Bureau says the international trade deficit was $125.3 billion in March, up from $106.3 billion in February.
The truck parts and service distributor says it has acquired the assets of Murray’s Diesel Repair in Shreveport, Louisiana.
The first electrical equipment distribution marketplace for professionals in France confirms Sonepar's 'omnichannel ambitions,' it says.
South Carolina-based New South Construction Supply, LLC says it signed a letter of intent to acquire American Contractors Supply.
The Chicago-based distributor acquired the assets of DWS Building Supply with two locations in Texas and New Mexico.
In what it called ‘record’ first-quarter results, Graybar reported a 116.5% increase in net income attributable to the company.
