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3Q report for London-based water treatment and sustainability provider shows sales of $969 million, up 21% from last year.
The company says sales for the third quarter of 2021 were SEK 20.1 billion (US$2.3 billion), 8.3% over the same period in 2020.
The company’s net sales for the third quarter of 2021 totaled $2.31 billion, a 23.2% increase compared to the same period in 2020.
The international distributor says its business model has delivered ‘strong overall growth against a background of continuing pandemic-related challenges.’
Each of 3M’s divisions had strong showings in the third quarter of 2021, with safety and industrial sales up 7.2% over 2020.
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Due to declines in production-related indicators, the Chicago Fed National Activity Index decreased to -0.13 in Sept. from +0.05 in Aug.
Ohio-based buying group says it has added 14 new distribution members and 9 suppliers from the U.S. and Canada this year.
Dallas-based vendor acquires interest in Chicago-based sales agency in a move both companies say will continue growth.
The company says John Deaton has been named The Home Depot’s vice president of supply chain and product development.
