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Industrial distributor’s 2021 3Q sales were $3.4 billion, while the company posted operating earnings of $438 million.
The global distributor reported 3Q net sales increased 15% to $110.8 billion in the third quarter, compared with $96.1 billion in 2020.
The company’s 2022 fiscal 1Q sales were $5.6 billion, up more than $400 million from the previous quarter and 18.2% year over year.
Provider of mission-critical flow creation and industrial solutions has struck a deal to acquire Air Dimensions for an all-cash purchase.
The 2021 3Q data reflects increases in private inventory investment, personal consumption expenditures and government spending.
Lawson Products reported $105.6 million in sales for 2021 3Q and $315.7 million in sales for the first nine months of the year.
Average annual sales growth for 12 months through Sept. was 19.6% for Heating, Air-conditioning & Refrigeration Distributors International.
The farm equipment manufacturer and distributor reported 2021 third-quarter sales at $2.7 billion, a 9.1% increase over 2020.
The Swedish industrial manufacturer has agreed to acquire HHV Pumps Pvt. Ltd, a leading provider of vacuum pumps in India.
In its fiscal first-quarter report, Applied Industrial Technologies reported more than $891 million in sales, a 19.2% increase over last year.
