For the first nine months, Fastenal’s sales up 16.7%.
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Airgas will appeal the ruling by Delaware Chancery Court approving passage of the bylaw amendment proposed by Air Products.
Duncan is the first acquisition for BlackHawk, a new platform created through a partnership between Bill Scheller and Brazos Private Equity.
But August construction spending is still 10% below August 2009.
PTDA Report: PT/MC manufacturers expanded more rapidly than distributors during second quarter.
Wolseley announced it has written off its remaining investment in Stock Building Supply due to continued losses at the former subsidiary.
But sales in U.S. and Canada are still up from last year in July.
Distributor opens Oil and Gas Division in Washington, PA.
Housing starts in August were also up from August 2009.
Solus Securite will continue to operate in its existing locations.
Rise in Producer Price Index follows a 0.2 percent increase in July.
Airgas shareholders also voted on proposals for by-law changes submitted by Air Products.
HD Supply’s fiscal first-half sales down 2.8% from last year.
Airgas CEO: Latest bid of $65.50 ‘continues to grossly undervalue Airgas.’
Air Products’ offer now stands at $65.50 a share in cash.
Manufacturers Alliance/MAPI report forecasts Eurozone GDP growth of 1 percent in 2010.
Construction spending for the first seven months was 11.8 percent lower than a year ago.
Each of the fastener distributor’s regions saw a sales gain.
New metalworking and MRO product catalog will be available Sept. 1.
Dresser Oil Tools & Supply has four branches in North Dakota and one in Montana.
