Orders for the first half of 2019 totaled $2,249 million, a decrease of 12.8% compared to the first half of 2018.
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Jamie Czaplicki joined Cooper in April 2018 with the acquisition of City Electric, where he was Executive VP and CFO.
Wesco Aircraft will be combined with the Platinum Equity portfolio company Pattonair.
Hydraulic Hose and Assemblies will operate as a division of PRC Industrial Supply.
Parts Town will distribute genuine OEM replacement parts for YORKs commercial rooftop HVAC systems to a variety of National Accounts customers in and outside of the foodservice industry.
Distributors second-quarter sales were down 4.6% to $179.6 million.
MDM’s top news briefs from News briefs from July 26 – August 10, 2019.
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Sales increased 8.2% in the first six months.
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The company will be part of the Snap-Ons Repair Systems & Information Group.
Adjusted EBITDA was $4.9 million, up from $2.4 million in the prior quarter.
Technical products sales decreased 5% during the quarter.
The ISSA Board of Directors will be led by incoming ISSA President Ken Bodie of Kelsan Inc.
Davis will remain a co-owner of AgoNow.
Net income was $13.4 million, compared to $11.5 million in the year-ago period.
Sales for the first nine months of the fiscal year were up 7% year-over-year.
Fourth-quarter sales decreased 6.5% year-over-year.
The company reported daily sales up 6.1% versus a year ago.
