The addition of Suministro as a Formerra company diversifies the resin distributor's portfolio across North America.
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Florence, Alabama-based MRO distributor Martin Supply appointed Steve McClanahan as Chief Financial Officer.
The company posted 3Q year-over-year sales growth of 5.4%, an impressive rebound from the 3.6% decline seen in 2Q.
The facility, which will open in 2024, spans 30,000-square-feet and offers 'a strategically positioned site,' DSG says.
The company's 3Q YoY sales growth of 8.2% was a considerable slowdown from 2Q’s 16.4%, but still considered strong.
Products manufactured at the campus are typically for original equipment manufacturers (OEM) customers, Avnet said.
This deal marks the seventh acquisition for the company in the past seven years, according to a news release.
The company announced six new branch locations during the month of October.
The proposal would increase the salary threshold for guaranteed overtime pay from its current $35,668 to $55,000.
The company’s sales were $888 million for the third quarter of 2023, which was 2% higher than the second quarter of 2023.
The funding will help the company increase production capacity of its new air compression division through equipment upgrades and physical expansion.
Vizient is the largest provider-driven healthcare performance improvement company in the US.
The company estimated that net sales for the quarter were between $1.822 billion and $1.832 billion.
OmniCable says it now has a dedicated team to focus on low-voltage and communications products with distributors.
The agreement cements Aberdeen Dynamics' first-ever acquisition.
The growth was below Fastenal’s benchmark 3.1% rate that the company provided in its 3Q earnings presentation.
With a single location and nine employees, Alliance serves customers in chemical, water/wastewater, municipal and general industrial markets.
Critica is a specialized supplier of maintenance, repair and overhaul (MRO) composite solutions.
Terry Owen takes over leadership of the distributor's operations, and the company's latest acquisition is in Mississauga.
Sonya Bynum has more than 29 years of experience in industrial and safety distribution.
