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Industrial distributor’s sales decline 3% in the first nine months compared to year-ago period while profit dips 2.4 percent YTD.
Mergers and acquisitions among distributors and manufacturers picked up last month after an especially slow April and May, due to concerns over the coronavirus.Â
Overall growth in real GDP slowed in the first quarter from the fourth quarter of 2019 according to the U.S. Bureau of Economic Analysis.
Mark Ganucheau will join the Houston, Texas-based electrical distributor’s executive team and head its finance department.
Building materials distributor announces Monday that Robyn Pollina will succeed retiring CEO Ron Calhoun effective Aug. 1.
Walmart prioritizes its online business and WESCO becomes the No. 1 electrical distributor with Anixter acquisition.
The 11.4% decline is the third in a row after a rare uptick in late May, according to the latest PRI from Indian River Consulting Group.
Meridian Adhesives Group, Dalton, Georgia, on Thursday announced the acquisition of E-Chem, Albuquerque, New Mexico.
