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Roofing material and building products distributor says acquisition will strengthen its presence in Midwest markets.
Distributor of food service packaging and janitorial supplies marks its 43rd acquisition under its current leadership.
Summit Electric Supply's new 6,500-square-foot Service Center in Richardson, Texas, features a will-call desk for phone and online orders.
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The October Manufacturing PMI registered 60.8%, a decrease of 0.3 percentage point from the September reading of 61.1%
Industrial products wholesale buying group says sales in the first 9 months were $44 billion, an increase of 34% across its 13 divisions.
Landscape distributor acquires family-owned distributor of bulk materials, hardscapes, natural stone, landscape lighting and other products.
Building materials distributor says acquisition will help it expand throughout Maryland, Northern Virginia and the Washington, D.C. area.
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.
