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Breaking news in Wholesale Distribution
Company selling division to Evonik Industries for $3.8 billion.
Unadjusted sales nearly triple year-over-year.
Location first to introduce distributor's flagship building design.
Sales for the first six months also increased 9.3 percent year-over-year.
Company transitioned to stand-alone crane business during the quarter.
MRO sales decreased 18 percent in the quarter.
Company also to buy remaining interest in Phillips 66 Sweeny Frac LLC.
Merger of Stock Building Supply and Building Materials Supply boosts quarterly revenue.
