The opening comes as Southwire expands its business following the acquisition of Topaz Lighting Corp. in December 2021.
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Steve Short will lead US LBM’s building materials sourcing and procurement strategy and supply chain operations, the company said.
In the latest earnings reporting period for publicly-traded companies, these distributors and manufacturers reported strong sales figures.
The acquisition will allow Envoy Solutions to continue to grow in the Southeast U.S. region, the company said.
The company plans to make its first-ever drone delivery on Aug. 9, on a three-mile flight from one facility to another.
The company says the facility, located in Cincinnati, Ohio, will increase the company’s capacity by about 200%.
The U.S. Census Bureau announced data for international trade, wholesale inventories and retail inventories advance for June 2022.
Milton’s sixth acquisition in the past 30 months is a designer and manufacturer of the LTI Tools brand, according to the announcement.
The manufacturer/distributor says Don Freeman and Kevin Blossom have been promoted to president positions.
Jon Bridge will join Rivet|MRO from Crescent Electric Supply, where he served as the 3M strategic accounts specialist.
Watsco reported a profit margin of 27.9% from their sales of $2.13 billion compared to last year’s $1.85 billion.
Matt Murray joins as senior business unit manager for industrial distribution and Mike Smith joins as senior business unit manager for fleet.
For the first time since summer 2020, both single-family starts and permits fell below a 1 million annual pace, NAHB says.
Travis Hendren will be responsible for all field operations supporting the company’s distribution yards, GMS Inc. said.
The transaction was initially announced on Dec. 8, 2021, and Security generated approximately $1.6 billion in revenue that year.
OTC Industrial Technologies has partnered with Quincy Compressors, a manufacturer of reciprocating and rotary screw air compressors.
The companies hope combined activities and product portfolios will help create a well-balanced entity and more growth in existing regions.
The acquisitions, Wholesale Sheet Metal and Pile Protections Tops, will expand Munch's geographic footprint to 71 locations.
The new facility in Allentown, Pennsylvania, spans 30,269 square feet to support increased inventory and space for new services.
Sandvik also reported second-quarter 2022 revenue of $2.6 billion, with a growth rate of 25% year-over-year.
