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Parent company Genuine Parts Company reported a sales increase of 7 percent.
Sales growth for Grainger was driven primarily by volume.
Daily sales to manufacturing customers were up 20.3% in the first quarter.
Inventories grow 0.9 percent from January and 9.3 percent from last year.
Nowlin replaces Sean O’Brien who resigned from the position in March.
Year-over-year profit for the second quarter increased 21 percent.
Grainger acquires AnFreixo, a US$37 million MRO distributor in Brazil.
Industrial Welding Supplies of Hattiesburg, which does business as Nordan Smith, has 17 locations.
Ferguson sales increased 9 percent in the first half, with modest recovery in levels of new construction.
Pent-up demand, business equipment investment and strong exports to emerging economies keep manufacturing on pace.
FCX plans to expand instrument services across its other markets.
Acquisition is BlackHawk’s sixth acquisition as part of a buy-and-build strategy in the U.S.
Shale-Inland Holdings will purchase the business from HD Supply.
January wholesale revenues were up 7.6% from a year ago.
Acquisition supports Lewis-Goetz’s strategy in the southeastern U.S.
Losses from continuing operations lessened for the diversified distributor.
The electrical distributor completed several acquisitions in the U.S., China, Canada and throughout Europe in 2011.
