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However, the improvement is credited to several one-time factors rather than a sign of underlying demand momentum.
It strengthens and expands PAK's service capabilities outside of its longstanding Texas and Eastern New Mexico territories.
Now privately owned, the former Grainger subsidiary lands a new leader with over 30 years of driving growth in distribution.
Revelar Capital, recent rebranded from Wellspring Capital Management, will help Letterman’s scale its propane distribution business.
The new facility will be the company's flagship location with advanced warehouse operations, quality and engineering lab and an innovation center.
The news comes about four weeks after PFG nixed talks with U.S. Foods about a potential combination that would've seen the latter take over the company.
Hose Assembly Pro, powered by Intelli.Build, allows Danfoss distributors to specify compatible hose assemblies and generate quotes.
Longtime STAFDA leader Georgia Foley is staying within the construction and contractor supply channel.
Amazon estimates the new benefits aimed to support financial management, cybersecurity and HR could amount to nearly $1,000 in yearly value for qualifying members.
However, economists flagged that a technical fix used to combat data collection during the government shutdown may have skewed the top-line figure.