But trends for HVACR distributors indicate tough fourth quarter.
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SG Supply Co. is a distributor of plumbing products, water heaters, hydronic heating, and pipe, valves and fittings.
U.S. companies expect employment to grow slightly over the next year.
Acklands-Grainger acquires Fercomat with one location in the province.
26 states added jobs year-over-year, but weak demand continues.
McCarty, a hose and accessories distributor, has 15 branches.
Loss for the diversified distributor lessens to $101 million for the quarter.
August 2011 ISM survey shows contraction in Production Index; slower expansion in New Orders and Prices.
HD Supply’s HVAC/Plumbing division had $421M in sales in 2010.
Allegations are in connection with DXP’s acquisition of Precision Industries in 2007.
Fabory had 2010 sales of $300 million.
Grainger’s daily sales in the U.S. were up 5 percent in July.
Applied’s fiscal year sales were up 16.9% from the prior-year period.
Interline’s facilities maintenance end-market grew 24.9% in the quarter.
Market strength was broad-based across most geographies, customers and end-markets for Kaman.
Acquisition of $400M distributor broadens Sonepar’s presence in the West.
Parker sees 15% increase in orders for the quarter ended June 30, 2011.
Commercial markets show improvement, but challenges remain.