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Breaking news in Wholesale Distribution
David Kinsella becomes president of Electrical–U.S. Division and Electrical-U.S. Supplier VP John Kudlacek plans to retire.
Kaman Distribution Group taps former AD, Applied and Rexnord executive Robert Boyle as its VP of supply chain.
Combined company will account for more than $11 billion in annual sales with expectations of annual cost synergies of $130 million to $150 million by the third year.
Increase of manufactured durable goods is third in a row following the double-digit growth in May and high-single-digit growth in June, which had been preceded by two decreases during the height of the coronavirus crisis.
Distributor sales continued to display strength in August beyond the normal month-ending uptick Indian River Consulting saw to close out July.
Illinois-based electrical supplier Hartland Controls taps electrical controls industry veteran Mark McGough as its new president and CEO.
Latest data shows a 36.3% spike in home sales from the same month a year ago, giving distributors that sell building materials and other construction materials some much-needed good news.
Electrical distributor grows into branch that’s 50% larger than current facility, which the company had operated since 2017.
National Safety Apparel, Cleveland, Ohio, has expanded its USA-based safety and military clothing brands with the acquisition of Chicago-based leather glove manufacturer Kunz Glove and Virginia Beach-based military gear manufacturer Wild Things.
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