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A former Stanley Black & Decker, Allegion and Jeld-Wen executive is just the third president in the company's 50-year history.
Double-digit sales growth continued alongside strong profitability in a quarter that saw Graybar record several notable achievements.
Pricing's impact was double that of a quarter earlier, while Applied's late 2024 acquisition of Hydradyne continues to drive major growth in the company's Engineered Solutions segment.
The partnership's hub-and-spoke model, with over 200 final mile locations, makes two-day warehouse delivery achievable across 98% of the U.S. population.
The move expands Fastener Solutions' footprint and capabilities in the Mid-Atlantic region.
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Core consumer prices in the U.S. rose less than anticipated in September, driven by rising gas prices.
The new leader is a veteran of the construction and building supply distribution sector.
The name change and branding showcases a depth of products beyond electrical supplies as well as a consultative approach and innovative solutions.
Current MSC COO Martina McIsaac will succeed Erik Gershwind following his planned retirement after 13 years as CEO.
