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The electrical giant reported profit of $502 million, a 34% improvement when compared to the year-ago period.
Increase in revenues led by 3M’s Safety and Industrial division where total sales were up by 13.7%.
Acquisition of specialty adhesive solutions manufacturer expands Hisco’s national converting and fabrication capabilities.
Burke Herring will be retiring after nearly four decades of service with the electrical distributor.
Greenfield locations will play a key role in SRS Distribution’s expansion plans in 2021.
Manufactured durable goods have increased 10 out of the last 11 months, with February the only decline in nearly a year.
The new location compliments US LBM Holding's existing roofing and siding site in Newark.
SCEP’s investment in the Florida-based electrical distributor marks its 44th distribution investment since 2007.
Due to strong results, Pool Corp. raises its guidance for the remainder of the year.
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