Sales for the fourth quarter were $180.4 million, down 8.1% from the prior-year period.
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The overall economy grew for the 130th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business.
The acquisition will mark Core & Mains 10th transaction since becoming an independent company in August 2017.
Smartrac is a leading innovator in the development and manufacture of RFID inlays.
The acquisition will add a unique personal protective equipment product line to Walters offering.
The newly combined company will be named Ingersoll Rand Inc.
Patrick T. Siewert will replace David E.I. Pyott, who has decided not to stand for reelection at the 2020 annual meeting.
Upon Mike Leechs retirement, Joe LeNoir, president of Irby Utility; Tyler Mitchell, president of Irby C&I; and Brad Slocum, SVP of Shared Services, will continue to run the day-to-day Irby business.
The business will be integrated into Jasons Industrial segment within Osborn.
WESCO struck a deal to acquire Anixter in January, a transaction estimated at $4.5 billion.
Dirk Van Dongen will lead the Association through November 2020.
For the fourth quarter, sales were $1.8 billion, down 17.7% year-over-year.
Current dollar GDP increased 3.5% in the fourth quarter.
This transaction highlights Houlihan Lokeys continued success advising market-leading specialty distributors of mission-critical parts.
For the fourth quarter, the company reported sales were up 9.3% compared to the prior year quarter.
Fourth quarter sales were up slightly over 2018.
Modern Distribution Management's monthly Industrial Inflation Index measures a cross-section of industrial supplies.
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Wholesale revenues, inventories and ratios from December 2019.
