Graybar, St. Louis, MO, No. 4 on MDM’s list of top electrical distributors, reported sales for 2011 were $5.37 billion, up 16.4 percent over sales in 2010. Profit increased 93.9 percent to $81.4 million.
|We Deliver Distribution News to Your Inbox
Sign up below to receive MDM Update, your free weekly distribution news update by email.
Sales in the fourth quarter increased 10 percent.
\”Thanks to the hard work and dedication of our employees, Graybar achieved profitable growth during each of the past two years,\” said Robert A. Reynolds, Jr., president and CEO. \”Our business continued to gain momentum as we broadened our reach and further deepened our offer in the marketplace.\”