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The manufacturer of engineered and applied products reported 4Q and 2021 sales increased by 11.1% and 11.3%, respectively.
Heating, Air-conditioning & Refrigeration Distributors International says average annual growth for the 12 months ending in January is 25%.
The distributor’s 2021 yearly net sales reached nearly $20 billion, while fourth-quarter net sales reached $4.6 billion.
The Michigan-based manufacturer of engineered and applied products says Intertech will immediately become part of TriMas Packaging.
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The specialist international distributor says 2021 revenues increased 7.1% over 2020 when considering growth at constant exchange.
The door manufacturer and distributor says it has entered into an accelerated share repurchase agreement with Morgan Stanley & Co. LLC.
The retailer announced the appointment of Paula Santilli, CEO of PepsiCo Latin America, and Caryn Seidman-Becker, chair and CEO of CLEAR.
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The Covington, Louisiana-based company says its board of directors declared a quarterly cash dividend of $0.80 per share.