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Wholesale trade shows improvement from same month in 2020 and was also up from the previous month of May — albeit at just 2% — according to the latest report from the U.S. Census Bureau.
Sales for the Canadian distributor increased 8.2% in the first six months of 2021.
The electrical, communications and data networking products distributor also posted a 115.9% increase in profit to $80.1 million.
The company will build a 1 million-square-foot site in Port St. Lucie, Florida, which is expected to open in 2022.
Bearings manufacturer RBC Bearings did see its profit grow 14.6% in the period.
Beacon also reported a third-quarter profit of $70.5 million, compared with a $12.7 million loss in the year-ago period.
The latest addition to Atlas Copco’s portfolio, CPC Pumps International Inc., serves customers in North America and had 2020 revenue of US$44.8 million.
Year-over-year, the goods and services deficit increased $4.8 billion, or 6.7%, from May.
Arrow reports that global sales of electronic components and solutions increased 40% to $6.6 billion.
Fastenal’s reported daily sales for the month were up 9.7% versus a year as its sales mix continued at its normal levels.
