The combined grocery and food distributor will have annual revenues of about $7.5 billion.
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OEM supply sales declined by 2.3 percent from the prior year.
North American organic revenues decreased 1 percent.
Strong growth in industrial and janitorial offset declines in office, technology and furniture.
Sales results for the gases manufacturer were dampened by its exit from the polyurethane intermediates business.
Organic sales for the diversified manufacturer fell 1.4 percent in the quarter.
Both companies serve plumbing and mechanical contractors.
Of Cranes four business segments, sales declined in aerospace and electronics and merchandising systems.
Jan-san distributor was owned by another private equity firm.
CEO: The company has aimed to reduce inventory over the past 12 months.
The index’s three-month moving average, CFNAI-MA3, also increased but marked its fourth consecutive month below zero.
A new hydrogen plant serves the Valero refinery in Port Arthur, TX, and other customers.
MDM’s editorial team offers a sneak peek at the impact of key trends in distribution.
With move, plastics distributor expands product offering and space.
The Celina, OH, distribution center is scheduled to open in late fall.
Total sales for the manufacturer increased 3 percent.
Despite year-over-year gains, employment levels are still below peaks levels in most states.