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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.
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.
