Profit up 9.6 percent year-over-year.
Posts By MDM Staff
Capacity utilization increased 0.4 percent to 76.1 percent.
Sales of durable goods up 7.3 percent from the previous year.
The new company will operate as a separate and wholly-owned subsidiary of Purvis Industries.
Profit decreases 23.2 percent to $117.1 million in the first quarter.
The decline largely reflected lower spending on the construction of institutional buildings.
Latest monthly indicators show solid growth for distributors and manufacturers.
Distributor to accelerate pricing realignment to attract new customers faster.
Acquisition encompass 23 product categories across multiple market settings.
Phillip Gallagher will rejoin Avnet after a three year absence.
Acquisition expands Techniks' aftermarket machine tool offering.
New roles and will help oversee projected top line growth and expansion.
Decrease in demand can be traced to lower prices for final demand services.
Largest declines were in the motor vehicle assembly and petroleum and coal industries.
Successful cross-selling requires the right kind of teamwork.
U.S. cutting tool consumption up 0.6 percent year-over-year.
