For all of 2022, revenue was $503 million an increase of 25% over 2021, Allied said in its recent earnings announcement.
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Exports dropped for a 4th straight month amidst continued weakness in foreign demand, according to China’s General Administration of Customs.
Net sales for 2022 increased 4.2% to $1.49 billion, compared with $1.43 billion in the prior-year period, Hillman reported.
Exteriors Founder Samir Rastoder will continue to lead the company’s dedicated team, SRS said in a release announcing the deal.
That new VP is the second former Optimas Solutions executive Martin has hired in its Fastening unit this year.
Cargo Control said the deal will significantly expand its level of service and product offerings available to customers.
ILC, which was founded more than three decades ago, will continue to be headquartered and maintain its manufacturing in Edina, Minnesota.
Fiscal 2023 4Q revenue was $125.1 million, up 11% from $112.4 million in fiscal 4Q 2022, the company said.
The deal marks Building Controls & Solutions' sixth acquisition in the past four years, according to an announcement.
Changes also include a newly redesigned logo, new website and a complete building renovation, the company announced.
Spending, however, was down on a monthly basis in seven of the 16 nonresidential subcategories, according to an ABC analysis.
The company’s Board of Directors has appointed John McNeill as Chief Executive Officer, according to a March 1 announcement.
The group is expected to provide customers with services and solutions including comprehensive data center lifecycle management.
Members' sales growth for the 12 months through January 2023 was 18.1% percent, according to a HARDI news release.
The company says Tim Horny has more than 40 years of industry experience, with almost 18 years at Crawford.
Despite 4Q net sales dropping 10.8% from the prior year, full-year 2022 net income was $337.9 million, the company said.
After almost 50 deals in January, MDM highlighted just 29 during February, which still would have been a relatively high amount during any month over the past few years.
Brian Olson joins as Sales Director, Gage Olson joins as End User Specialist and Chris Marshall joins as Warehouse Manager and Customer Support.
A new report states a majority of economists now think a would-be recession is coming later than expected. It suggests a softer economic landing as distributors continue to report strong financials.
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MDM’s Tom Gale and IRCG’s Mike Marks discuss three things — talent inertia, artificial intelligence and culture — that are defining the competitive landscape of 2023.
