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The distributor of heating, ventilation, air conditioning and refrigeration products announced earlier this month it had closed the purchase.
The company reported 2021 fourth-quarter net sales increased 15.3% over the same period in 2020.
The worldwide construction equipment manufacturer also reported 2021 fourth-quarter sales were up 23% over the same period a year prior.
The U.S. economy grew in the fourth quarter, but investment in nonresidential structures decreased at an annual rate of 11.4%.
The automation company reported $1.857 billion in sales for its fiscal 2022 first quarter, 18.7% above the same period a year prior.
The Ohio-based distributor reported fiscal 2022 second-quarter net sales of $876.9 million and a net income of $57 million.
Real GDP increased at an annual rate of 6.9% in the fourth quarter of 2021, according to the Bureau of Economic Analysis.
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The company’s 2022 fiscal second-quarter sales were $5.9 billion, up from $4.7 billion the year before and ‘exceeding guidance.’
The New Jersey-based full-line supplier has acquired State Industrial Supply Company, an industrial distributor headquartered in Seymour.
