The new SVP of sales will leverage his 27 years of industry experience to lead the company’s sales strategy.
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Operating profit likewise decreased in the Americas segment year-over-year amid competitive pricing pressures.
Operations are expected to begin in the first quarter of 2025.
ADI's landmark acquisition of Snap One earlier this year continued to drive major annual sales gains, while organic also improved.
While half the size of the September rate cut, it shows further confidence in continued economic growth and eased inflation.
The longtime PT/MC industry sales leader garnered PTDA's Warren Pike Award, which is the association's lifetime achievement honor.
The new executive will build the company’s AI function, which will impact route optimization, robotics and automation.
It marks DSG's ninth state of operation across the U.S. Midwest and Great Plains.
The company posted an increase in its U.S. sales, but a decrease in both its Canadian and international sales year-over-year.
Aurora Motors is U.S.-based provider of vertical motors with engineering and operations in Shanghai, China.
Connection Chemical is a distributor of industrial chemicals and fine ingredients based in Newton, PA.
The results showed a continued slide in year-over-year and sequential sales growth.
The Composites and Fuel Containment Division manufactures composites, fuel tanks and bladders across six U.S. and Mexico-based facilities.
Each of DXP's three business segments likewise improved year-over-year and sequentially.
The company also announced a new board chair, effective immediately.
Maryland Metals Processing is a stainless and aluminum toll processor that operates from a single facility in Baltimore.
Sweden-based OEM has 34 operating business units in 15 countries across Europe and in China.
TopBuild is also set to acquire New York-based thermal insulation supplier Shannon Global Energy Solutions.
The distributor also announced the pending March succession for its CFO position.
The year-over-year sales decline widened from that of 2Q24, driven by weaker Multi-Family results.
