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Hoffman currently leads Boise Cascade’s purchasing activities in its Building Materials Distribution (BMD) division.
AGCO’s net sales for the first six months of 2021 were $5.3 billion, an increase of 33.6% compared to the same period last year.
Fortive posted a second-quarter profit of close to $181 million compared to $130 million in the same quarter a year ago.
The pipes, valves and fittings distributor saw sales improve and significantly narrowed its loss in the period.
Prior to joining Border States Electric, McConeghy was the chief information officer for Sierra Nevada Corporation.
Building materials distributor will open a location in Beltsville, Maryland, its eighth in the DC/Baltimore area.
Net product sales for Amazon totaled $58 billion in the quarter, up 15.4% from the year-ago period.
For the first six months of 2021, sales at the Chicago-based MRO distributor Lawson Products improved 28.8%.
Building materials distributor Huttig Building Products reported second-quarter net income of $14.9 million compared to $1.6 million in 2020.
The increase in real GDP in 2Q reflected increases in personal consumption expenditures (PCE), nonresidential fixed investment, exports, and state and local government spending, according to the Bureau of Economic Analysis.
