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Exports were $224.4 billion, $3.9 billion less than December exports. Imports were $314.1 billion, $3.8 billion more than December imports.
Rexel USA says Brad Paulsen will succeed Jeff Baker, who is retiring after 15 years but will remain on the company’s board of directors.
The Fastener Distributor Index recovered in February to 56.0, rebounding after January’s seasonal-adjustment-driven downtick.
The Ohio-based industrial supplier has named Gautham Jayaraman its chief information officer and senior director of business intelligence.
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Solve Industrial Motion Group is expanding its executive leadership team by adding Jim Taylor as chief information officer.
The MRO Distributor has promoted Jon Tart to vice president of the company’s Southeast Group.
The company reported nearly $531 million in net sales last month, compared to $437.7 million in February 2021.
The electrical and industrial distributor topped its market in 11 countries and registered roughly a million order lines per day.
DXP Enterprises, Inc. says it has completed acquisitions of Drydon Equipment, Inc. and Burlingame Engineers.