Same-store sales for the distributor of industrial, medical and specialty gases increased 9 percent.
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Wolseley and Saint-Gobain have also entered negotiations for the sale of Brossette, Wolseley’s plumbing and heating distribution business in France.
Industrial markets reporting growing demand for the distributor, while utilities and non-residential markets are beginning to recover.
But housing starts in May were 3.5 percent above April.
Together American Tool Supply and American Specialty Grinding generate $50 million in annual sales.
UK-based Edmundson Electrical has agreed to purchase the business.
John H. Myers & Son operates six stores in Pennsylvania and Maryland.
Higher construction intentions driven by commercial building.
CEO: Conney will continue to look for more acquisitions.
Construction investment in May 2011 is 7.1% below May 2010.
Distributor releases 2011-2012 product catalog.
Stockholm, Sweden-based Securitas AB previously announced a bid to acquire the Swedish commercial security and monitoring company.
Increase reflects positive contributions from personal consumption expenditures (PCE), inventory, exports and nonresidential investment.
Shawn Handrahan previously served as the regional vice president of sales for HD Supply Facilities Maintenance’s Eastern Division.
The new location is located in the Dallas suburb of Garland.
Sales in the U.S. grew 10 percent on a like-for-like basis.
Valley fills geographic hole for Lewis-Goetz.
Acquisition supports McJunkin Red Man’s global expansion plans.
PT/bearing manufacturer expands services, end-market reach.
